Monthly Rent Report
Far Rockaway Rent Report — May 2024
Asking rents in ZIP 11691, New York City, from 166 listings.
Median 1BR rent in Far Rockaway was $2,038 in May 2024, up 7.2% (+$138) from April 2024 and down 20.1% year-over-year. The middle half of 1BR listings asked between $1,919 and $2,100. That puts Far Rockaway $388 below the New York City citywide 1BR median of $2,425. The month's figures are based on 166 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,863 | +$163 (+9.6%) | −$1,137 (-37.9%) | $1,836 – $5,269 | 4 |
| Studio | $1,863 | +$163 (+9.6%) | −$1,137 (-37.9%) | $1,836 – $5,269 | 4 |
| 1BR | $2,038 | +$138 (+7.2%) | −$512 (-20.1%) | $1,919 – $2,100 | 6 |
| 1BR | $2,450 | +$550 (+28.9%) | −$100 (-3.9%) | $2,450 – $2,450 | 1 |
| 1BR | $1,900 | $0 (0.0%) | −$650 (-25.5%) | $1,850 – $2,075 | 18 |
| 2BR | $2,648 | −$52 (-1.9%) | +$148 (+5.9%) | $2,574 – $2,721 | 2 |
| 2BR | $2,885 | +$185 (+6.9%) | +$385 (+15.4%) | $2,575 – $3,000 | 27 |
| 2BR | $2,650 | −$50 (-1.9%) | +$150 (+6.0%) | $2,600 – $2,775 | 6 |
| 3BR | $3,225 | −$239 (-6.9%) | +$313 (+10.7%) | $3,000 – $3,525 | 12 |
| 3BR | $3,500 | +$36 (+1.0%) | +$588 (+20.2%) | $3,464 – $3,525 | 8 |
| 3BR | $3,464 | $0 (0.0%) | +$552 (+19.0%) | $3,432 – $3,600 | 63 |
| 4BR | $3,155 | −$577 (-15.5%) | −$3,345 (-51.5%) | $3,155 – $3,155 | 2 |
| 4BR | $3,800 | +$68 (+1.8%) | −$2,700 (-41.5%) | $3,700 – $3,900 | 2 |
| 4BR | $3,464 | −$268 (-7.2%) | −$3,036 (-46.7%) | $3,155 – $4,000 | 7 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — May 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,863 | $2,350 | −$487 (-20.7%) |
| Studio | $1,863 | $2,350 | −$487 (-20.7%) |
| 1BR | $2,038 | $2,425 | −$387 (-16.0%) |
| 1BR | $2,450 | $2,425 | +$25 (+1.0%) |
| 1BR | $1,900 | $2,425 | −$525 (-21.6%) |
| 2BR | $2,648 | $2,914 | −$266 (-9.1%) |
| 2BR | $2,885 | $2,914 | −$28 (-1.0%) |
| 2BR | $2,650 | $2,914 | −$263 (-9.0%) |
| 3BR | $3,225 | $3,600 | −$375 (-10.4%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 3BR | $3,464 | $3,600 | −$136 (-3.8%) |
| 4BR | $3,155 | $4,250 | −$1,095 (-25.8%) |
| 4BR | $3,800 | $4,250 | −$450 (-10.6%) |
| 4BR | $3,464 | $4,250 | −$786 (-18.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.