Monthly Rent Report
Coney Island Rent Report — December 2024
Asking rents in ZIP 11224, New York City, from 15 listings.
Median 1BR rent in Coney Island was $2,940 in December 2024, up 63.3% (+$1,140) from November 2024 and up 22.5% year-over-year. The middle half of 1BR listings asked between $2,940 and $2,940. That puts Coney Island $461 above the New York City citywide 1BR median of $2,480. The month's figures are based on 15 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,624 | +$724 (+38.1%) | +$824 (+45.8%) | $2,624 – $2,624 | 2 |
| Studio | $2,624 | +$724 (+38.1%) | +$824 (+45.8%) | $2,624 – $2,624 | 7 |
| 1BR | $2,940 | +$1,140 (+63.3%) | +$540 (+22.5%) | $2,940 – $2,940 | 1 |
| 2BR | $4,348 | +$1,798 (+70.5%) | +$1,348 (+44.9%) | $4,116 – $4,579 | 2 |
| 3BR | $3,692 | +$617 (+20.0%) | +$642 (+21.0%) | $3,649 – $3,734 | 2 |
| 3BR | $4,492 | +$1,417 (+46.1%) | +$1,442 (+47.3%) | $4,492 – $4,492 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — December 2024
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,624 | $2,525 | +$99 (+3.9%) |
| Studio | $2,624 | $2,525 | +$99 (+3.9%) |
| 1BR | $2,940 | $2,480 | +$461 (+18.6%) |
| 2BR | $4,348 | $2,975 | +$1,373 (+46.1%) |
| 3BR | $3,692 | $3,546 | +$146 (+4.1%) |
| 3BR | $4,492 | $3,546 | +$947 (+26.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.