Monthly Rent Report
Elmhurst Rent Report — May 2024
Asking rents in ZIP 11373, New York City, from 60 listings.
Median 1BR rent in Elmhurst was $2,300 in May 2024, up 5.7% (+$125) from April 2024 and down 2.6% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,300. That puts Elmhurst $125 below the New York City citywide 1BR median of $2,425. The month's figures are based on 60 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | −$65 (-3.5%) | −$62 (-3.4%) | $1,770 – $1,900 | 3 |
| Studio | $2,250 | +$385 (+20.6%) | +$388 (+20.8%) | $2,250 – $2,250 | 1 |
| Studio | $2,250 | +$385 (+20.6%) | +$388 (+20.8%) | $2,075 – $2,250 | 5 |
| 1BR | $2,300 | +$125 (+5.7%) | −$62 (-2.6%) | $2,300 – $2,300 | 1 |
| 1BR | $2,500 | +$325 (+14.9%) | +$138 (+5.8%) | $2,300 – $2,864 | 9 |
| 1BR | $2,100 | −$75 (-3.4%) | −$262 (-11.1%) | $2,000 – $2,300 | 5 |
| 1BR | $3,400 | +$1,225 (+56.3%) | +$1,038 (+43.9%) | $3,400 – $3,400 | 1 |
| 2BR | $2,750 | −$150 (-5.2%) | −$200 (-6.8%) | $2,575 – $2,838 | 4 |
| 2BR | $2,350 | −$550 (-19.0%) | −$600 (-20.3%) | $2,350 – $2,350 | 1 |
| 2BR | $2,800 | −$100 (-3.4%) | −$150 (-5.1%) | $2,600 – $3,500 | 13 |
| 3BR | $3,200 | −$100 (-3.0%) | +$1 (+0.0%) | $3,200 – $3,200 | 1 |
| 3BR | $3,200 | −$100 (-3.0%) | +$1 (+0.0%) | $2,800 – $3,300 | 8 |
| 3BR | $3,000 | −$300 (-9.1%) | −$199 (-6.2%) | $3,000 – $3,150 | 6 |
| 4BR | $3,300 | — | −$699 (-17.5%) | $3,300 – $3,300 | 1 |
| 4BR | $3,300 | — | −$699 (-17.5%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Elmhurst vs. New York City — May 2024
| Bedrooms | Elmhurst Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $2,350 | −$550 (-23.4%) |
| Studio | $2,250 | $2,350 | −$100 (-4.3%) |
| Studio | $2,250 | $2,350 | −$100 (-4.3%) |
| 1BR | $2,300 | $2,425 | −$125 (-5.2%) |
| 1BR | $2,500 | $2,425 | +$75 (+3.1%) |
| 1BR | $2,100 | $2,425 | −$325 (-13.4%) |
| 1BR | $3,400 | $2,425 | +$975 (+40.2%) |
| 2BR | $2,750 | $2,914 | −$163 (-5.6%) |
| 2BR | $2,350 | $2,914 | −$563 (-19.3%) |
| 2BR | $2,800 | $2,914 | −$113 (-3.9%) |
| 3BR | $3,200 | $3,600 | −$400 (-11.1%) |
| 3BR | $3,200 | $3,600 | −$400 (-11.1%) |
| 3BR | $3,000 | $3,600 | −$600 (-16.7%) |
| 4BR | $3,300 | $4,250 | −$950 (-22.4%) |
| 4BR | $3,300 | $4,250 | −$950 (-22.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.