Monthly Rent Report
Far Rockaway Rent Report — July 2022
Asking rents in ZIP 11691, New York City, from 50 listings.
Median 1BR rent in Far Rockaway was $2,300 in July 2022, flat versus June 2022 and up 53.3% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,300. That puts Far Rockaway $34 above the New York City citywide 1BR median of $2,266. The month's figures are based on 50 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | −$50 (-3.0%) | −$725 (-30.9%) | $1,500 – $1,775 | 7 |
| Studio | $1,625 | −$50 (-3.0%) | −$725 (-30.9%) | $1,625 – $1,625 | 12 |
| 1BR | $2,300 | $0 (0.0%) | +$800 (+53.3%) | $2,300 – $2,300 | 1 |
| 1BR | $1,425 | −$875 (-38.0%) | −$75 (-5.0%) | $1,425 – $1,425 | 2 |
| 2BR | $2,200 | +$200 (+10.0%) | +$400 (+22.2%) | $2,199 – $2,299 | 5 |
| 2BR | $2,500 | +$500 (+25.0%) | +$700 (+38.9%) | $2,500 – $2,500 | 1 |
| 3BR | $2,700 | $0 (0.0%) | +$100 (+3.8%) | $2,481 – $2,909 | 18 |
| 3BR | $2,600 | −$100 (-3.7%) | $0 (0.0%) | $2,600 – $2,600 | 1 |
| 4BR | $3,025 | +$635 (+26.6%) | +$25 (+0.8%) | $2,938 – $3,113 | 2 |
| 4BR | $2,895 | +$505 (+21.1%) | −$105 (-3.5%) | $2,895 – $2,895 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — July 2022
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $2,245 | −$620 (-27.6%) |
| Studio | $1,625 | $2,245 | −$620 (-27.6%) |
| 1BR | $2,300 | $2,266 | +$34 (+1.5%) |
| 1BR | $1,425 | $2,266 | −$841 (-37.1%) |
| 2BR | $2,200 | $2,800 | −$600 (-21.4%) |
| 2BR | $2,500 | $2,800 | −$300 (-10.7%) |
| 3BR | $2,700 | $3,250 | −$550 (-16.9%) |
| 3BR | $2,600 | $3,250 | −$650 (-20.0%) |
| 4BR | $3,025 | $4,495 | −$1,470 (-32.7%) |
| 4BR | $2,895 | $4,495 | −$1,600 (-35.6%) |
Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in July 2022.