Monthly Rent Report
Far Rockaway Rent Report — January 2024
Asking rents in ZIP 11691, New York City, from 51 listings.
Median 1BR rent in Far Rockaway was $1,850 in January 2024, down 24.5% (−$600) from December 2023 and down 7.5% year-over-year. The middle half of 1BR listings asked between $1,643 and $2,053. That puts Far Rockaway $500 below the New York City citywide 1BR median of $2,350. The month's figures are based on 51 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,688 | −$62 (-3.6%) | +$63 (+3.8%) | $1,625 – $1,925 | 8 |
| Studio | $1,688 | −$62 (-3.6%) | +$63 (+3.8%) | $1,625 – $1,925 | 8 |
| 1BR | $1,850 | −$600 (-24.5%) | −$150 (-7.5%) | $1,643 – $2,053 | 7 |
| 1BR | $1,850 | −$600 (-24.5%) | −$150 (-7.5%) | $1,643 – $2,053 | 7 |
| 2BR | $2,500 | −$300 (-10.7%) | +$200 (+8.7%) | $1,856 – $2,500 | 3 |
| 2BR | $2,500 | −$300 (-10.7%) | +$200 (+8.7%) | $1,856 – $2,500 | 3 |
| 3BR | $3,500 | +$300 (+9.4%) | +$588 (+20.2%) | $3,500 – $3,500 | 6 |
| 3BR | $3,500 | +$300 (+9.4%) | +$588 (+20.2%) | $3,500 – $3,550 | 3 |
| 3BR | $3,500 | +$300 (+9.4%) | +$588 (+20.2%) | $3,500 – $3,500 | 3 |
| 4BR | $3,700 | +$325 (+9.6%) | +$400 (+12.1%) | $3,700 – $3,700 | 1 |
| 4BR | $3,700 | +$325 (+9.6%) | +$400 (+12.1%) | $3,700 – $3,700 | 1 |
| 4BR | $3,800 | +$425 (+12.6%) | +$500 (+15.2%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — January 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,688 | $2,338 | −$650 (-27.8%) |
| Studio | $1,688 | $2,338 | −$650 (-27.8%) |
| 1BR | $1,850 | $2,350 | −$500 (-21.3%) |
| 1BR | $1,850 | $2,350 | −$500 (-21.3%) |
| 2BR | $2,500 | $2,885 | −$385 (-13.3%) |
| 2BR | $2,500 | $2,885 | −$385 (-13.3%) |
| 3BR | $3,500 | $3,443 | +$57 (+1.6%) |
| 3BR | $3,500 | $3,443 | +$57 (+1.6%) |
| 3BR | $3,500 | $3,443 | +$57 (+1.6%) |
| 4BR | $3,700 | $4,000 | −$300 (-7.5%) |
| 4BR | $3,700 | $4,000 | −$300 (-7.5%) |
| 4BR | $3,800 | $4,000 | −$200 (-5.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.