Monthly Rent Report
Far Rockaway Rent Report — January 2023
Asking rents in ZIP 11691, New York City, from 119 listings.
Median 1BR rent in Far Rockaway was $2,139 in January 2023, up 1.9% (+$39) from December 2022 and up 12.6% year-over-year. The middle half of 1BR listings asked between $1,899 and $2,174. That puts Far Rockaway $150 below the New York City citywide 1BR median of $2,289. The month's figures are based on 119 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | $0 (0.0%) | +$292 (+21.9%) | $1,625 – $1,675 | 15 |
| Studio | $1,625 | $0 (0.0%) | +$292 (+21.9%) | $1,625 – $2,038 | 3 |
| 1BR | $2,139 | +$39 (+1.9%) | +$239 (+12.6%) | $1,899 – $2,174 | 36 |
| 1BR | $2,000 | −$100 (-4.8%) | +$100 (+5.3%) | $2,000 – $2,000 | 1 |
| 2BR | $2,325 | −$175 (-7.0%) | −$125 (-5.1%) | $2,224 – $2,725 | 6 |
| 2BR | $2,300 | −$200 (-8.0%) | −$150 (-6.1%) | $2,199 – $2,449 | 26 |
| 3BR | $3,038 | +$138 (+4.7%) | +$473 (+18.4%) | $2,875 – $3,178 | 4 |
| 3BR | $2,912 | +$12 (+0.4%) | +$347 (+13.5%) | $2,800 – $3,013 | 19 |
| 4BR | $3,423 | +$423 (+14.1%) | — | $3,350 – $3,460 | 4 |
| 4BR | $3,300 | +$300 (+10.0%) | — | $3,250 – $3,350 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — January 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $2,197 | −$572 (-26.0%) |
| Studio | $1,625 | $2,197 | −$572 (-26.0%) |
| 1BR | $2,139 | $2,289 | −$150 (-6.6%) |
| 1BR | $2,000 | $2,289 | −$289 (-12.6%) |
| 2BR | $2,325 | $2,700 | −$375 (-13.9%) |
| 2BR | $2,300 | $2,700 | −$400 (-14.8%) |
| 3BR | $3,038 | $3,200 | −$162 (-5.1%) |
| 3BR | $2,912 | $3,200 | −$288 (-9.0%) |
| 4BR | $3,423 | $3,861 | −$438 (-11.3%) |
| 4BR | $3,300 | $3,861 | −$561 (-14.5%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.