Monthly Rent Report
Far Rockaway Rent Report — April 2024
Asking rents in ZIP 11691, New York City, from 221 listings.
Median 1BR rent in Far Rockaway was $1,900 in April 2024, up 5.6% (+$100) from March 2024 and down 25.5% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,995. That puts Far Rockaway $600 below the New York City citywide 1BR median of $2,500. The month's figures are based on 221 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$9 (-0.6%) | +$75 (+4.6%) | $1,650 – $1,700 | 3 |
| Studio | $1,625 | −$84 (-4.9%) | $0 (0.0%) | $1,625 – $2,150 | 7 |
| 1BR | $1,900 | +$100 (+5.6%) | −$650 (-25.5%) | $1,850 – $1,995 | 12 |
| 1BR | $1,875 | +$75 (+4.2%) | −$675 (-26.5%) | $1,825 – $1,995 | 11 |
| 2BR | $2,700 | −$150 (-5.3%) | +$150 (+5.9%) | $2,575 – $2,813 | 8 |
| 2BR | $2,500 | −$350 (-12.3%) | −$50 (-2.0%) | $2,400 – $2,700 | 13 |
| 3BR | $3,464 | +$64 (+1.9%) | +$414 (+13.6%) | $3,000 – $3,600 | 101 |
| 3BR | $3,500 | +$100 (+2.9%) | +$450 (+14.8%) | $3,500 – $3,500 | 3 |
| 3BR | $3,457 | +$57 (+1.7%) | +$407 (+13.3%) | $3,000 – $3,513 | 56 |
| 4BR | $4,000 | +$536 (+15.5%) | +$700 (+21.2%) | $3,732 – $4,000 | 3 |
| 4BR | $3,732 | +$268 (+7.7%) | +$432 (+13.1%) | $3,598 – $3,866 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — April 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $2,491 | −$791 (-31.7%) |
| Studio | $1,625 | $2,491 | −$866 (-34.8%) |
| 1BR | $1,900 | $2,500 | −$600 (-24.0%) |
| 1BR | $1,875 | $2,500 | −$625 (-25.0%) |
| 2BR | $2,700 | $2,995 | −$295 (-9.8%) |
| 2BR | $2,500 | $2,995 | −$495 (-16.5%) |
| 3BR | $3,464 | $3,500 | −$36 (-1.0%) |
| 3BR | $3,500 | $3,500 | $0 (0.0%) |
| 3BR | $3,457 | $3,500 | −$43 (-1.2%) |
| 4BR | $4,000 | $4,270 | −$270 (-6.3%) |
| 4BR | $3,732 | $4,270 | −$538 (-12.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.