Monthly Rent Report
Coney Island Rent Report — August 2024
Asking rents in ZIP 11224, New York City, from 19 listings.
Median 1BR rent in Coney Island was $1,800 in August 2024, down 42.6% (−$1,335) from July 2024 and down 36.1% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Coney Island $590 below the New York City citywide 1BR median of $2,390. The month's figures are based on 19 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | −$742 (-31.7%) | −$900 (-36.0%) | $1,600 – $2,616 | 13 |
| Studio | $1,800 | −$542 (-23.1%) | −$700 (-28.0%) | $1,800 – $1,800 | 1 |
| 1BR | $1,800 | −$1,335 (-42.6%) | −$1,018 (-36.1%) | $1,800 – $1,800 | 1 |
| 2BR | $3,894 | −$54 (-1.4%) | +$1,094 (+39.1%) | $3,894 – $3,894 | 1 |
| 3BR | $3,500 | +$500 (+16.7%) | $0 (0.0%) | $3,500 – $3,500 | 1 |
| 4BR | $3,606 | −$594 (-14.1%) | +$506 (+16.3%) | $3,606 – $3,606 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — August 2024
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $2,500 | −$900 (-36.0%) |
| Studio | $1,800 | $2,500 | −$700 (-28.0%) |
| 1BR | $1,800 | $2,390 | −$590 (-24.7%) |
| 2BR | $3,894 | $2,900 | +$994 (+34.3%) |
| 3BR | $3,500 | $3,603 | −$103 (-2.9%) |
| 4BR | $3,606 | $4,225 | −$619 (-14.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.