Monthly Rent Report
Far Rockaway Rent Report — March 2023
Asking rents in ZIP 11691, New York City, from 206 listings.
Median 1BR rent in Far Rockaway was $2,374 in March 2023, up 28.3% (+$524) from February 2023 and up 60.9% year-over-year. The middle half of 1BR listings asked between $1,899 and $2,580. That puts Far Rockaway $75 above the New York City citywide 1BR median of $2,299. The month's figures are based on 206 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$749 (-31.2%) | +$300 (+22.2%) | $1,588 – $2,218 | 10 |
| Studio | $1,650 | −$749 (-31.2%) | +$300 (+22.2%) | $1,563 – $2,399 | 16 |
| 1BR | $2,374 | +$524 (+28.3%) | +$899 (+60.9%) | $1,899 – $2,580 | 20 |
| 1BR | $2,487 | +$637 (+34.4%) | +$1,012 (+68.6%) | $1,899 – $2,580 | 28 |
| 2BR | $2,495 | +$145 (+6.2%) | +$278 (+12.5%) | $2,350 – $2,555 | 33 |
| 2BR | $2,500 | +$150 (+6.4%) | +$283 (+12.8%) | $2,500 – $2,500 | 1 |
| 3BR | $3,000 | +$174 (+6.2%) | $0 (0.0%) | $2,700 – $3,100 | 61 |
| 3BR | $2,875 | +$49 (+1.7%) | −$125 (-4.2%) | $2,600 – $3,066 | 22 |
| 4BR | $3,200 | −$300 (-8.6%) | +$650 (+25.5%) | $3,200 – $4,950 | 7 |
| 4BR | $3,200 | −$300 (-8.6%) | +$650 (+25.5%) | $3,200 – $4,950 | 7 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — March 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $2,200 | −$550 (-25.0%) |
| Studio | $1,650 | $2,200 | −$550 (-25.0%) |
| 1BR | $2,374 | $2,299 | +$75 (+3.2%) |
| 1BR | $2,487 | $2,299 | +$188 (+8.2%) |
| 2BR | $2,495 | $2,650 | −$155 (-5.8%) |
| 2BR | $2,500 | $2,650 | −$150 (-5.7%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 3BR | $2,875 | $3,200 | −$325 (-10.2%) |
| 4BR | $3,200 | $3,995 | −$795 (-19.9%) |
| 4BR | $3,200 | $3,995 | −$795 (-19.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.