Monthly Rent Report
Far Rockaway Rent Report — December 2022
Asking rents in ZIP 11691, New York City, from 84 listings.
Median 1BR rent in Far Rockaway was $1,700 in December 2022, down 18.5% (−$387) from November 2022 and up 25.9% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Far Rockaway $522 below the New York City citywide 1BR median of $2,222. The month's figures are based on 84 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | $0 (0.0%) | $0 (0.0%) | $1,525 – $1,625 | 13 |
| Studio | $1,625 | $0 (0.0%) | $0 (0.0%) | $1,525 – $1,625 | 10 |
| 1BR | $1,700 | −$387 (-18.5%) | +$350 (+25.9%) | $1,700 – $1,700 | 1 |
| 1BR | $2,100 | +$13 (+0.6%) | +$750 (+55.6%) | $1,899 – $2,174 | 17 |
| 2BR | $2,500 | +$51 (+2.1%) | +$600 (+31.6%) | $2,500 – $2,514 | 3 |
| 2BR | $2,500 | +$51 (+2.1%) | +$600 (+31.6%) | $2,500 – $2,500 | 1 |
| 3BR | $3,088 | −$77 (-2.4%) | +$788 (+34.3%) | $3,088 – $3,088 | 3 |
| 3BR | $2,900 | −$265 (-8.4%) | +$600 (+26.1%) | $2,713 – $2,978 | 30 |
| 4BR | $3,000 | — | −$200 (-6.3%) | $3,000 – $3,000 | 1 |
| 4BR | $3,000 | — | −$200 (-6.3%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — December 2022
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $2,098 | −$472 (-22.5%) |
| Studio | $1,625 | $2,098 | −$472 (-22.5%) |
| 1BR | $1,700 | $2,222 | −$521 (-23.5%) |
| 1BR | $2,100 | $2,222 | −$121 (-5.5%) |
| 2BR | $2,500 | $2,700 | −$200 (-7.4%) |
| 2BR | $2,500 | $2,700 | −$200 (-7.4%) |
| 3BR | $3,088 | $3,200 | −$112 (-3.5%) |
| 3BR | $2,900 | $3,200 | −$300 (-9.4%) |
| 4BR | $3,000 | $3,750 | −$750 (-20.0%) |
| 4BR | $3,000 | $3,750 | −$750 (-20.0%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.