Monthly Rent Report
Elmhurst Rent Report — May 2023
Asking rents in ZIP 11373, New York City, from 64 listings.
Median 1BR rent in Elmhurst was $2,425 in May 2023, up 16.9% (+$350) from April 2023 and up 22.8% year-over-year. The middle half of 1BR listings asked between $2,299 and $2,495. That puts Elmhurst $52 below the New York City citywide 1BR median of $2,477. The month's figures are based on 64 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,863 | +$138 (+8.0%) | +$263 (+16.4%) | $1,856 – $1,869 | 2 |
| Studio | $1,850 | +$126 (+7.3%) | +$250 (+15.6%) | $1,700 – $1,850 | 6 |
| 1BR | $2,425 | +$350 (+16.9%) | +$450 (+22.8%) | $2,299 – $2,495 | 5 |
| 1BR | $2,362 | +$287 (+13.8%) | +$387 (+19.6%) | $2,075 – $2,425 | 14 |
| 2BR | $2,995 | +$295 (+10.9%) | +$496 (+19.8%) | $2,950 – $3,500 | 5 |
| 2BR | $2,950 | +$250 (+9.3%) | +$451 (+18.0%) | $2,699 – $3,200 | 17 |
| 3BR | $3,199 | $0 (0.0%) | +$99 (+3.2%) | $2,925 – $3,275 | 10 |
| 3BR | $3,000 | −$199 (-6.2%) | −$100 (-3.2%) | $2,950 – $3,100 | 3 |
| 4BR | $3,999 | −$991 (-19.9%) | — | $3,999 – $3,999 | 1 |
| 4BR | $3,999 | −$991 (-19.9%) | — | $3,999 – $3,999 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Elmhurst vs. New York City — May 2023
| Bedrooms | Elmhurst Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,863 | $2,450 | −$587 (-24.0%) |
| Studio | $1,850 | $2,450 | −$600 (-24.5%) |
| 1BR | $2,425 | $2,477 | −$52 (-2.1%) |
| 1BR | $2,362 | $2,477 | −$115 (-4.7%) |
| 2BR | $2,995 | $2,800 | +$195 (+7.0%) |
| 2BR | $2,950 | $2,800 | +$150 (+5.4%) |
| 3BR | $3,199 | $3,225 | −$26 (-0.8%) |
| 3BR | $3,000 | $3,225 | −$225 (-7.0%) |
| 4BR | $3,999 | $4,000 | −$1 (-0.0%) |
| 4BR | $3,999 | $4,000 | −$1 (-0.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.