Monthly Rent Report
Coney Island Rent Report — May 2024
Asking rents in ZIP 11224, New York City, from 294 listings.
Median 1BR rent in Coney Island was $3,135 in May 2024, down 0.9% (−$30) from April 2024 and down 0.2% year-over-year. The middle half of 1BR listings asked between $3,085 and $3,206. That puts Coney Island $710 above the New York City citywide 1BR median of $2,425. The month's figures are based on 294 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,342 | +$142 (+6.5%) | −$283 (-10.8%) | $2,342 – $2,342 | 5 |
| Studio | $2,342 | +$142 (+6.5%) | −$283 (-10.8%) | $2,342 – $2,342 | 5 |
| 1BR | $3,135 | −$30 (-0.9%) | −$5 (-0.2%) | $3,085 – $3,206 | 154 |
| 1BR | $3,084 | −$81 (-2.6%) | −$56 (-1.8%) | $3,057 – $3,111 | 2 |
| 2BR | $2,500 | −$1,170 (-31.9%) | −$300 (-10.7%) | $2,500 – $2,500 | 3 |
| 2BR | $3,678 | +$8 (+0.2%) | +$878 (+31.4%) | $3,506 – $4,675 | 77 |
| 3BR | $3,500 | −$400 (-10.3%) | +$1,200 (+52.2%) | $2,825 – $4,298 | 22 |
| 3BR | $3,500 | −$400 (-10.3%) | +$1,200 (+52.2%) | $2,825 – $4,298 | 22 |
| 4BR | $2,600 | +$600 (+30.0%) | −$200 (-7.1%) | $2,550 – $2,650 | 2 |
| 4BR | $2,600 | +$600 (+30.0%) | −$200 (-7.1%) | $2,550 – $2,650 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — May 2024
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,342 | $2,350 | −$8 (-0.3%) |
| Studio | $2,342 | $2,350 | −$8 (-0.3%) |
| 1BR | $3,135 | $2,425 | +$710 (+29.3%) |
| 1BR | $3,084 | $2,425 | +$659 (+27.2%) |
| 2BR | $2,500 | $2,914 | −$413 (-14.2%) |
| 2BR | $3,678 | $2,914 | +$765 (+26.2%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 4BR | $2,600 | $4,250 | −$1,650 (-38.8%) |
| 4BR | $2,600 | $4,250 | −$1,650 (-38.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.