Monthly Rent Report

Far Rockaway Rent Report — July 2021

Asking rents in ZIP 11691, New York City, from 16 listings.

Median 1BR rent in Far Rockaway was $1,500 in July 2021, down 29.4% (−$625) from June 2021. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Far Rockaway $391 below the New York City citywide 1BR median of $1,891. The month's figures are based on 16 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2021Vs. Year AgoP25–P75 RangeListings
Studio$2,350——$2,350 – $2,3502
1BR$1,500−$625 (-29.4%)—$1,500 – $1,5001
2BR$1,800+$50 (+2.9%)—$1,800 – $1,8001
2BR$1,800+$50 (+2.9%)—$1,800 – $1,8001
3BR$2,000−$500 (-20.0%)—$2,000 – $2,3003
3BR$2,600+$100 (+4.0%)—$2,425 – $2,6003
4BR$3,000——$3,000 – $3,0001
4BR$3,000——$3,000 – $3,0004

Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.

Far Rockaway vs. New York City — July 2021

BedroomsFar Rockaway MedianNYC Citywide MedianDifference
Studio$2,350$1,785+$565 (+31.7%)
1BR$1,500$1,891−$391 (-20.7%)
2BR$1,800$2,250−$449 (-20.0%)
2BR$1,800$2,250−$449 (-20.0%)
3BR$2,000$2,600−$600 (-23.1%)
3BR$2,600$2,600$0 (0.0%)
4BR$3,000$3,350−$350 (-10.4%)
4BR$3,000$3,350−$350 (-10.4%)

Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2021.

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