Monthly Rent Report
Far Rockaway Rent Report — February 2024
Asking rents in ZIP 11691, New York City, from 263 listings.
Median 1BR rent in Far Rockaway was $2,000 in February 2024, up 8.1% (+$150) from January 2024 and up 8.1% year-over-year. The middle half of 1BR listings asked between $1,825 and $2,599. That puts Far Rockaway $450 below the New York City citywide 1BR median of $2,450. The month's figures are based on 263 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,382 | +$695 (+41.2%) | −$42 (-1.8%) | $1,625 – $2,425 | 21 |
| Studio | $2,382 | +$695 (+41.2%) | −$42 (-1.8%) | $1,625 – $2,425 | 21 |
| 1BR | $2,000 | +$150 (+8.1%) | +$150 (+8.1%) | $1,825 – $2,599 | 44 |
| 1BR | $1,875 | +$25 (+1.4%) | +$25 (+1.4%) | $1,875 – $2,306 | 6 |
| 2BR | $2,850 | +$350 (+14.0%) | +$500 (+21.3%) | $2,525 – $2,850 | 34 |
| 2BR | $2,850 | +$350 (+14.0%) | +$500 (+21.3%) | $2,525 – $2,850 | 34 |
| 3BR | $3,200 | −$300 (-8.6%) | +$493 (+18.2%) | $3,100 – $3,500 | 13 |
| 3BR | $3,550 | +$50 (+1.4%) | +$843 (+31.1%) | $3,500 – $3,600 | 4 |
| 3BR | $3,200 | −$300 (-8.6%) | +$493 (+18.2%) | $3,000 – $3,500 | 73 |
| 4BR | $4,070 | +$370 (+10.0%) | +$570 (+16.3%) | $4,070 – $4,070 | 1 |
| 4BR | $4,070 | +$370 (+10.0%) | +$570 (+16.3%) | $4,070 – $4,070 | 4 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — February 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,382 | $2,359 | +$23 (+1.0%) |
| Studio | $2,382 | $2,359 | +$23 (+1.0%) |
| 1BR | $2,000 | $2,450 | −$450 (-18.4%) |
| 1BR | $1,875 | $2,450 | −$575 (-23.5%) |
| 2BR | $2,850 | $2,979 | −$129 (-4.3%) |
| 2BR | $2,850 | $2,979 | −$129 (-4.3%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 3BR | $3,550 | $3,500 | +$50 (+1.4%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 4BR | $4,070 | $4,148 | −$77 (-1.9%) |
| 4BR | $4,070 | $4,148 | −$77 (-1.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.