Monthly Rent Report

Far Rockaway Rent Report — April 2023

Asking rents in ZIP 11691, New York City, from 290 listings.

Median 1BR rent in Far Rockaway was $2,550 in April 2023, up 2.6% (+$64) from March 2023 and up 37.8% year-over-year. The middle half of 1BR listings asked between $1,899 and $2,650. That puts Far Rockaway $178 above the New York City citywide 1BR median of $2,373. The month's figures are based on 290 listings across 13 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2023Vs. April 2022P25–P75 RangeListings
Studio$3,000+$1,350 (+81.8%)—$2,825 – $3,1752
Studio$1,625−$25 (-1.5%)—$1,537 – $2,06319
Studio$1,625−$25 (-1.5%)—$1,525 – $1,67517
1BR$2,550+$64 (+2.6%)+$700 (+37.8%)$1,899 – $2,65029
1BR$2,550+$64 (+2.6%)+$700 (+37.8%)$1,899 – $2,65029
2BR$2,550+$50 (+2.0%)—$2,338 – $2,76336
2BR$2,550+$50 (+2.0%)—$2,338 – $2,76336
3BR$3,050+$50 (+1.7%)+$450 (+17.3%)$2,850 – $3,19455
3BR$3,050+$50 (+1.7%)+$450 (+17.3%)$2,850 – $3,19455
4BR$3,300+$100 (+3.1%)—$3,200 – $4,1754
4BR$3,300+$100 (+3.1%)—$3,200 – $4,1754

Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.

Far Rockaway vs. New York City — April 2023

BedroomsFar Rockaway MedianNYC Citywide MedianDifference
Studio$3,000$2,349+$651 (+27.7%)
Studio$1,625$2,349−$724 (-30.8%)
Studio$1,625$2,349−$724 (-30.8%)
1BR$2,550$2,373+$178 (+7.5%)
1BR$2,550$2,373+$178 (+7.5%)
2BR$2,550$2,795−$245 (-8.8%)
2BR$2,550$2,795−$245 (-8.8%)
3BR$3,050$3,200−$150 (-4.7%)
3BR$3,050$3,200−$150 (-4.7%)
4BR$3,300$4,148−$847 (-20.4%)
4BR$3,300$4,148−$847 (-20.4%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.

Advertisement