Monthly Rent Report
Far Rockaway Rent Report — October 2022
Asking rents in ZIP 11691, New York City, from 41 listings.
Median 1BR rent in Far Rockaway was $2,012 in October 2022, down 5.3% (−$112) from September 2022 and up 4.5% year-over-year. The middle half of 1BR listings asked between $1,899 and $2,237. That puts Far Rockaway $244 below the New York City citywide 1BR median of $2,255. The month's figures are based on 41 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | +$25 (+1.5%) | −$250 (-13.2%) | $1,581 – $1,694 | 4 |
| Studio | $1,625 | $0 (0.0%) | −$275 (-14.5%) | $1,625 – $1,625 | 3 |
| 1BR | $2,012 | −$112 (-5.3%) | +$87 (+4.5%) | $1,899 – $2,237 | 6 |
| 1BR | $2,324 | +$200 (+9.4%) | +$399 (+20.7%) | $2,324 – $2,324 | 1 |
| 2BR | $2,400 | $0 (0.0%) | — | $2,400 – $2,400 | 7 |
| 2BR | $2,350 | −$50 (-2.1%) | — | $2,350 – $2,350 | 1 |
| 3BR | $2,826 | −$374 (-11.7%) | +$261 (+10.2%) | $2,826 – $3,050 | 18 |
| 3BR | $2,826 | −$374 (-11.7%) | +$261 (+10.2%) | $2,826 – $2,826 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — October 2022
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $2,283 | −$632 (-27.7%) |
| Studio | $1,625 | $2,283 | −$657 (-28.8%) |
| 1BR | $2,012 | $2,255 | −$243 (-10.8%) |
| 1BR | $2,324 | $2,255 | +$69 (+3.1%) |
| 2BR | $2,400 | $2,700 | −$300 (-11.1%) |
| 2BR | $2,350 | $2,700 | −$350 (-13.0%) |
| 3BR | $2,826 | $3,200 | −$374 (-11.7%) |
| 3BR | $2,826 | $3,200 | −$374 (-11.7%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.