Monthly Rent Report
Far Rockaway Rent Report — August 2024
Asking rents in ZIP 11691, New York City, from 78 listings.
Median 1BR rent in Far Rockaway was $1,895 in August 2024, up 1.1% (+$20) from July 2024 and up 2.4% year-over-year. The middle half of 1BR listings asked between $1,700 and $2,484. That puts Far Rockaway $495 below the New York City citywide 1BR median of $2,390. The month's figures are based on 78 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,875 | −$51 (-2.6%) | +$250 (+15.4%) | $1,802 – $2,223 | 31 |
| 1BR | $1,895 | +$20 (+1.1%) | +$45 (+2.4%) | $1,700 – $2,484 | 7 |
| 2BR | $2,900 | +$6 (+0.2%) | +$700 (+31.8%) | $2,900 – $2,900 | 1 |
| 3BR | $3,490 | +$158 (+4.7%) | +$690 (+24.6%) | $3,100 – $3,643 | 34 |
| 3BR | $3,345 | +$13 (+0.4%) | +$545 (+19.5%) | $3,215 – $3,476 | 2 |
| 4BR | $3,155 | −$759 (-19.4%) | −$245 (-7.2%) | $3,155 – $3,155 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — August 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,875 | $2,500 | −$625 (-25.0%) |
| 1BR | $1,895 | $2,390 | −$495 (-20.7%) |
| 2BR | $2,900 | $2,900 | $0 (+0.0%) |
| 3BR | $3,490 | $3,603 | −$113 (-3.1%) |
| 3BR | $3,345 | $3,603 | −$258 (-7.2%) |
| 4BR | $3,155 | $4,225 | −$1,070 (-25.3%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.