Monthly Rent Report
Far Rockaway Rent Report — October 2023
Asking rents in ZIP 11691, New York City, from 219 listings.
Median 1BR rent in Far Rockaway was $2,174 in October 2023, down 14.7% (−$376) from September 2023 and up 8.1% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,299. That puts Far Rockaway $276 below the New York City citywide 1BR median of $2,450. The month's figures are based on 219 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,450 | +$1,153 (+88.8%) | +$825 (+50.8%) | $1,625 – $2,450 | 26 |
| Studio | $2,063 | +$765 (+59.0%) | +$438 (+26.9%) | $1,869 – $2,256 | 2 |
| 1BR | $2,174 | −$376 (-14.7%) | +$163 (+8.1%) | $1,850 – $2,299 | 8 |
| 1BR | $2,550 | $0 (0.0%) | +$539 (+26.8%) | $2,299 – $2,650 | 38 |
| 2BR | $2,553 | +$553 (+27.6%) | +$203 (+8.6%) | $2,400 – $2,625 | 8 |
| 2BR | $2,650 | +$650 (+32.5%) | +$300 (+12.8%) | $2,500 – $2,850 | 50 |
| 3BR | $3,165 | −$135 (-4.1%) | +$339 (+12.0%) | $3,000 – $3,288 | 70 |
| 3BR | $2,826 | −$474 (-14.4%) | $0 (0.0%) | $2,826 – $2,826 | 1 |
| 3BR | $3,165 | −$135 (-4.1%) | +$339 (+12.0%) | $3,165 – $3,165 | 1 |
| 4BR | $3,700 | +$300 (+8.8%) | — | $3,700 – $3,700 | 2 |
| 4BR | $3,700 | +$300 (+8.8%) | — | $3,700 – $3,700 | 4 |
| 4BR | $3,700 | +$300 (+8.8%) | — | $3,000 – $3,700 | 9 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — October 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,450 | $2,411 | +$40 (+1.6%) |
| Studio | $2,063 | $2,411 | −$348 (-14.4%) |
| 1BR | $2,174 | $2,450 | −$276 (-11.3%) |
| 1BR | $2,550 | $2,450 | +$100 (+4.1%) |
| 2BR | $2,553 | $2,900 | −$347 (-12.0%) |
| 2BR | $2,650 | $2,900 | −$250 (-8.6%) |
| 3BR | $3,165 | $3,349 | −$184 (-5.5%) |
| 3BR | $2,826 | $3,349 | −$523 (-15.6%) |
| 3BR | $3,165 | $3,349 | −$184 (-5.5%) |
| 4BR | $3,700 | $4,200 | −$500 (-11.9%) |
| 4BR | $3,700 | $4,200 | −$500 (-11.9%) |
| 4BR | $3,700 | $4,200 | −$500 (-11.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.