Monthly Rent Report
Far Rockaway Rent Report — December 2023
Asking rents in ZIP 11691, New York City, from 93 listings.
Median 1BR rent in Far Rockaway was $2,450 in December 2023, up 2.1% (+$51) from November 2023 and up 16.7% year-over-year. The middle half of 1BR listings asked between $2,450 and $2,450. That puts Far Rockaway $50 above the New York City citywide 1BR median of $2,400. The month's figures are based on 93 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$700 (-28.6%) | +$125 (+7.7%) | $1,750 – $1,750 | 1 |
| Studio | $1,713 | −$737 (-30.1%) | +$88 (+5.4%) | $1,625 – $2,450 | 12 |
| 1BR | $2,450 | +$51 (+2.1%) | +$350 (+16.7%) | $2,450 – $2,450 | 12 |
| 1BR | $2,450 | +$51 (+2.1%) | +$350 (+16.7%) | $2,450 – $2,450 | 3 |
| 2BR | $2,750 | +$750 (+37.5%) | +$250 (+10.0%) | $2,525 – $2,813 | 8 |
| 2BR | $2,800 | +$800 (+40.0%) | +$300 (+12.0%) | $2,600 – $2,850 | 24 |
| 3BR | $3,200 | +$125 (+4.1%) | +$300 (+10.3%) | $3,100 – $3,563 | 14 |
| 3BR | $3,200 | +$125 (+4.1%) | +$300 (+10.3%) | $3,200 – $3,400 | 3 |
| 3BR | $3,300 | +$225 (+7.3%) | +$400 (+13.8%) | $3,200 – $3,300 | 3 |
| 4BR | $3,375 | — | +$375 (+12.5%) | $3,350 – $3,500 | 4 |
| 4BR | $3,350 | — | +$350 (+11.7%) | $3,350 – $3,575 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — December 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $2,362 | −$612 (-25.9%) |
| Studio | $1,713 | $2,362 | −$649 (-27.5%) |
| 1BR | $2,450 | $2,400 | +$50 (+2.1%) |
| 1BR | $2,450 | $2,400 | +$50 (+2.1%) |
| 2BR | $2,750 | $2,900 | −$150 (-5.2%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 3BR | $3,300 | $3,500 | −$200 (-5.7%) |
| 4BR | $3,375 | $4,070 | −$695 (-17.1%) |
| 4BR | $3,350 | $4,070 | −$720 (-17.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.