Monthly Rent Report
Far Rockaway Rent Report — August 2022
Asking rents in ZIP 11691, New York City, from 66 listings.
Median 1BR rent in Far Rockaway was $1,899 in August 2022, up 33.3% (+$474) from July 2022 and down 12.7% year-over-year. The middle half of 1BR listings asked between $1,899 and $1,962. That puts Far Rockaway $451 below the New York City citywide 1BR median of $2,350. The month's figures are based on 66 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | $0 (0.0%) | +$227 (+16.2%) | $1,625 – $2,400 | 20 |
| Studio | $1,625 | $0 (0.0%) | +$227 (+16.2%) | $1,625 – $1,819 | 4 |
| 1BR | $1,899 | +$474 (+33.3%) | −$276 (-12.7%) | $1,899 – $1,962 | 4 |
| 1BR | $1,899 | +$474 (+33.3%) | −$276 (-12.7%) | $1,899 – $1,962 | 4 |
| 2BR | $2,299 | −$201 (-8.0%) | +$529 (+29.9%) | $2,199 – $2,424 | 19 |
| 2BR | $2,299 | −$201 (-8.0%) | +$529 (+29.9%) | $2,199 – $2,339 | 7 |
| 3BR | $3,464 | +$764 (+28.3%) | +$664 (+23.7%) | $3,464 – $3,464 | 1 |
| 3BR | $3,464 | +$764 (+28.3%) | +$664 (+23.7%) | $3,464 – $3,464 | 1 |
| 4BR | $3,200 | +$305 (+10.5%) | — | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — August 2022
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $2,300 | −$675 (-29.3%) |
| Studio | $1,625 | $2,300 | −$675 (-29.3%) |
| 1BR | $1,899 | $2,350 | −$451 (-19.2%) |
| 1BR | $1,899 | $2,350 | −$451 (-19.2%) |
| 2BR | $2,299 | $2,800 | −$501 (-17.9%) |
| 2BR | $2,299 | $2,800 | −$501 (-17.9%) |
| 3BR | $3,464 | $3,350 | +$114 (+3.4%) |
| 3BR | $3,464 | $3,350 | +$114 (+3.4%) |
| 4BR | $3,200 | $4,224 | −$1,024 (-24.2%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.