Monthly Rent Report
Far Rockaway Rent Report — December 2021
Asking rents in ZIP 11691, New York City, from 8 listings.
Median 1BR rent in Far Rockaway was $1,350 in December 2021, down 50.5% (−$1,379) from November 2021 and down 32.9% year-over-year. The middle half of 1BR listings asked between $1,075 and $1,500. That puts Far Rockaway $600 below the New York City citywide 1BR median of $1,950. The month's figures are based on 8 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. December 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | — | +$150 (+10.2%) | $1,625 – $1,625 | 1 |
| 1BR | $1,350 | −$1,379 (-50.5%) | −$662 (-32.9%) | $1,075 – $1,500 | 3 |
| 2BR | $1,900 | −$775 (-29.0%) | −$750 (-28.3%) | $1,900 – $1,900 | 1 |
| 3BR | $2,300 | −$900 (-28.1%) | −$1,200 (-34.3%) | $2,300 – $2,300 | 1 |
| 4BR | $3,200 | — | +$250 (+8.5%) | $3,200 – $3,200 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — December 2021
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $1,776 | −$151 (-8.5%) |
| 1BR | $1,350 | $1,950 | −$599 (-30.8%) |
| 2BR | $1,900 | $2,300 | −$400 (-17.4%) |
| 3BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 4BR | $3,200 | $3,200 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in December 2021.