Monthly Rent Report
Far Rockaway Rent Report — May 2022
Asking rents in ZIP 11691, New York City, from 71 listings.
Median 1BR rent in Far Rockaway was $1,899 in May 2022, up 2.6% (+$49) from April 2022 and up 4.1% year-over-year. The middle half of 1BR listings asked between $1,849 and $1,949. That puts Far Rockaway $164 below the New York City citywide 1BR median of $2,063. The month's figures are based on 71 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | — | +$350 (+35.0%) | $1,350 – $1,350 | 1 |
| 1BR | $1,899 | +$49 (+2.6%) | +$74 (+4.1%) | $1,849 – $1,949 | 35 |
| 2BR | $2,299 | — | +$149 (+6.9%) | $2,199 – $2,299 | 15 |
| 3BR | $3,188 | +$588 (+22.6%) | +$1,188 (+59.4%) | $2,567 – $3,188 | 5 |
| 3BR | $2,659 | +$59 (+2.3%) | +$659 (+33.0%) | $2,499 – $2,900 | 13 |
| 4BR | $2,550 | — | — | $2,550 – $2,550 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — May 2022
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,875 | −$525 (-28.0%) |
| 1BR | $1,899 | $2,063 | −$163 (-7.9%) |
| 2BR | $2,299 | $2,499 | −$200 (-8.0%) |
| 3BR | $3,188 | $2,950 | +$238 (+8.1%) |
| 3BR | $2,659 | $2,950 | −$291 (-9.9%) |
| 4BR | $2,550 | $3,600 | −$1,050 (-29.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.