Monthly Rent Report
Coney Island Rent Report — July 2024
Asking rents in ZIP 11224, New York City, from 98 listings.
Median 1BR rent in Coney Island was $3,135 in July 2024, up 0.5% (+$15) from June 2024 and up 10.0% year-over-year. The middle half of 1BR listings asked between $3,085 and $3,180. That puts Coney Island $635 above the New York City citywide 1BR median of $2,500. The month's figures are based on 98 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,624 | +$282 (+12.0%) | −$1 (-0.0%) | $2,624 – $2,624 | 3 |
| Studio | $2,342 | $0 (0.0%) | −$283 (-10.8%) | $1,946 – $2,342 | 3 |
| 1BR | $3,135 | +$15 (+0.5%) | +$285 (+10.0%) | $3,085 – $3,180 | 51 |
| 1BR | $3,095 | −$25 (-0.8%) | +$245 (+8.6%) | $2,950 – $3,106 | 7 |
| 2BR | $3,690 | +$35 (+1.0%) | +$565 (+18.1%) | $3,526 – $3,855 | 24 |
| 2BR | $3,948 | +$293 (+8.0%) | +$823 (+26.3%) | $3,948 – $3,948 | 1 |
| 3BR | $3,000 | −$500 (-14.3%) | +$400 (+15.4%) | $3,000 – $3,000 | 1 |
| 3BR | $4,606 | +$1,106 (+31.6%) | +$2,006 (+77.1%) | $3,812 – $4,781 | 6 |
| 4BR | $4,200 | +$2,000 (+90.9%) | +$1,258 (+42.8%) | $4,200 – $4,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — July 2024
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,624 | $2,800 | −$176 (-6.3%) |
| Studio | $2,342 | $2,800 | −$458 (-16.4%) |
| 1BR | $3,135 | $2,500 | +$635 (+25.4%) |
| 1BR | $3,095 | $2,500 | +$595 (+23.8%) |
| 2BR | $3,690 | $3,000 | +$690 (+23.0%) |
| 2BR | $3,948 | $3,000 | +$948 (+31.6%) |
| 3BR | $3,000 | $3,606 | −$606 (-16.8%) |
| 3BR | $4,606 | $3,606 | +$1,000 (+27.7%) |
| 4BR | $4,200 | $4,500 | −$300 (-6.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.