Monthly Rent Report
Coney Island Rent Report — November 2024
Asking rents in ZIP 11224, New York City, from 16 listings.
Median 1BR rent in Coney Island was $2,600 in November 2024, up 44.4% (+$800) from October 2024 and up 4.0% year-over-year. The middle half of 1BR listings asked between $2,600 and $2,600. That puts Coney Island $150 above the New York City citywide 1BR median of $2,450. The month's figures are based on 16 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | −$770 (-28.8%) | +$300 (+18.8%) | $1,900 – $1,900 | 1 |
| 1BR | $2,600 | +$800 (+44.4%) | +$100 (+4.0%) | $2,600 – $2,600 | 6 |
| 1BR | $1,800 | $0 (0.0%) | −$700 (-28.0%) | $1,800 – $1,800 | 2 |
| 2BR | $2,550 | −$785 (-23.5%) | −$250 (-8.9%) | $2,475 – $2,625 | 2 |
| 2BR | $2,550 | −$785 (-23.5%) | −$250 (-8.9%) | $2,475 – $2,625 | 2 |
| 3BR | $3,075 | −$1,556 (-33.6%) | −$615 (-16.7%) | $2,913 – $3,238 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — November 2024
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $2,383 | −$483 (-20.3%) |
| 1BR | $2,600 | $2,450 | +$150 (+6.1%) |
| 1BR | $1,800 | $2,450 | −$650 (-26.5%) |
| 2BR | $2,550 | $2,950 | −$400 (-13.6%) |
| 2BR | $2,550 | $2,950 | −$400 (-13.6%) |
| 3BR | $3,075 | $3,600 | −$525 (-14.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.