Monthly Rent Report
Coney Island Rent Report — October 2024
Asking rents in ZIP 11224, New York City, from 48 listings.
Median 1BR rent in Coney Island was $1,800 in October 2024, down 10.0% (−$200) from September 2024 and down 44.4% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Coney Island $506 below the New York City citywide 1BR median of $2,306. The month's figures are based on 48 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,670 | +$34 (+1.3%) | +$436 (+19.5%) | $2,670 – $2,670 | 1 |
| 1BR | $1,800 | −$200 (-10.0%) | −$1,440 (-44.4%) | $1,800 – $1,800 | 1 |
| 2BR | $3,335 | −$631 (-15.9%) | +$535 (+19.1%) | $3,320 – $4,638 | 42 |
| 3BR | $4,631 | +$1,131 (+32.3%) | +$1,881 (+68.4%) | $4,119 – $4,632 | 3 |
| 4BR | $4,200 | — | +$700 (+20.0%) | $4,200 – $4,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — October 2024
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,670 | $2,550 | +$120 (+4.7%) |
| 1BR | $1,800 | $2,306 | −$506 (-22.0%) |
| 2BR | $3,335 | $2,914 | +$422 (+14.5%) |
| 3BR | $4,631 | $3,519 | +$1,112 (+31.6%) |
| 4BR | $4,200 | $4,100 | +$100 (+2.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.