Monthly Rent Report
Far Rockaway Rent Report — February 2023
Asking rents in ZIP 11691, New York City, from 127 listings.
Median 1BR rent in Far Rockaway was $1,899 in February 2023, down 11.2% (−$240) from January 2023 and up 23.2% year-over-year. The middle half of 1BR listings asked between $1,599 and $2,463. That puts Far Rockaway $301 below the New York City citywide 1BR median of $2,200. The month's figures are based on 127 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,399 | +$774 (+47.6%) | +$1,049 (+77.7%) | $1,625 – $2,450 | 7 |
| Studio | $2,425 | +$800 (+49.2%) | +$1,075 (+79.6%) | $2,206 – $2,688 | 4 |
| 1BR | $1,899 | −$240 (-11.2%) | +$358 (+23.2%) | $1,599 – $2,463 | 22 |
| 1BR | $1,850 | −$289 (-13.5%) | +$309 (+20.1%) | $1,599 – $2,200 | 17 |
| 2BR | $2,350 | +$50 (+2.2%) | −$100 (-4.1%) | $2,250 – $2,700 | 11 |
| 2BR | $2,350 | +$50 (+2.2%) | −$100 (-4.1%) | $2,199 – $2,813 | 16 |
| 3BR | $2,826 | −$86 (-3.0%) | +$101 (+3.7%) | $2,550 – $3,188 | 41 |
| 3BR | $2,708 | −$204 (-7.0%) | −$17 (-0.6%) | $2,479 – $2,936 | 2 |
| 3BR | $2,600 | −$312 (-10.7%) | −$125 (-4.6%) | $2,600 – $2,600 | 1 |
| 4BR | $3,500 | +$77 (+2.2%) | — | $3,500 – $3,500 | 2 |
| 4BR | $3,500 | +$77 (+2.2%) | — | $3,500 – $3,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — February 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,399 | $2,260 | +$139 (+6.2%) |
| Studio | $2,425 | $2,260 | +$165 (+7.3%) |
| 1BR | $1,899 | $2,200 | −$300 (-13.7%) |
| 1BR | $1,850 | $2,200 | −$349 (-15.9%) |
| 2BR | $2,350 | $2,695 | −$345 (-12.8%) |
| 2BR | $2,350 | $2,695 | −$345 (-12.8%) |
| 3BR | $2,826 | $3,200 | −$374 (-11.7%) |
| 3BR | $2,708 | $3,200 | −$492 (-15.4%) |
| 3BR | $2,600 | $3,200 | −$600 (-18.8%) |
| 4BR | $3,500 | $3,800 | −$300 (-7.9%) |
| 4BR | $3,500 | $3,800 | −$300 (-7.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.