Monthly Rent Report
Far Rockaway Rent Report — June 2023
Asking rents in ZIP 11691, New York City, from 105 listings.
Median 1BR rent in Far Rockaway was $2,175 in June 2023, down 14.7% (−$375) from May 2023 and down 5.4% year-over-year. The middle half of 1BR listings asked between $1,875 and $2,600. That puts Far Rockaway $313 below the New York City citywide 1BR median of $2,488. The month's figures are based on 105 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | −$50 (-3.0%) | −$50 (-3.0%) | $1,600 – $1,625 | 5 |
| Studio | $1,625 | −$50 (-3.0%) | −$50 (-3.0%) | $1,600 – $1,625 | 5 |
| 1BR | $2,175 | −$375 (-14.7%) | −$125 (-5.4%) | $1,875 – $2,600 | 11 |
| 1BR | $2,387 | −$163 (-6.4%) | +$87 (+3.8%) | $1,899 – $2,600 | 7 |
| 2BR | $2,200 | −$375 (-14.6%) | +$200 (+10.0%) | $2,200 – $2,375 | 4 |
| 2BR | $2,500 | −$75 (-2.9%) | +$500 (+25.0%) | $2,375 – $2,600 | 23 |
| 3BR | $3,385 | +$473 (+16.2%) | +$685 (+25.4%) | $3,084 – $3,500 | 8 |
| 3BR | $3,084 | +$172 (+5.9%) | +$384 (+14.2%) | $3,000 – $3,207 | 35 |
| 3BR | $2,800 | −$112 (-3.8%) | +$100 (+3.7%) | $2,800 – $2,800 | 2 |
| 4BR | $3,450 | +$50 (+1.5%) | +$1,060 (+44.4%) | $3,425 – $3,475 | 2 |
| 4BR | $3,100 | −$300 (-8.8%) | +$710 (+29.7%) | $3,100 – $3,100 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — June 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $2,500 | −$875 (-35.0%) |
| Studio | $1,625 | $2,500 | −$875 (-35.0%) |
| 1BR | $2,175 | $2,488 | −$312 (-12.6%) |
| 1BR | $2,387 | $2,488 | −$100 (-4.0%) |
| 2BR | $2,200 | $2,828 | −$628 (-22.2%) |
| 2BR | $2,500 | $2,828 | −$328 (-11.6%) |
| 3BR | $3,385 | $3,300 | +$85 (+2.6%) |
| 3BR | $3,084 | $3,300 | −$216 (-6.5%) |
| 3BR | $2,800 | $3,300 | −$500 (-15.2%) |
| 4BR | $3,450 | $4,200 | −$750 (-17.9%) |
| 4BR | $3,100 | $4,200 | −$1,100 (-26.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.