Monthly Rent Report
Far Rockaway Rent Report — September 2024
Asking rents in ZIP 11691, New York City, from 85 listings.
Median 1BR rent in Far Rockaway was $1,850 in September 2024, down 2.4% (−$45) from August 2024 and down 27.5% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts Far Rockaway $543 below the New York City citywide 1BR median of $2,393. The month's figures are based on 85 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,863 | −$12 (-0.7%) | +$565 (+43.5%) | $1,660 – $2,463 | 16 |
| 1BR | $1,850 | −$45 (-2.4%) | −$700 (-27.5%) | $1,850 – $1,850 | 3 |
| 1BR | $1,967 | +$72 (+3.8%) | −$583 (-22.9%) | $1,967 – $1,967 | 1 |
| 2BR | $2,762 | −$138 (-4.8%) | +$762 (+38.1%) | $2,300 – $2,800 | 23 |
| 3BR | $3,500 | +$155 (+4.6%) | +$200 (+6.1%) | $3,500 – $3,500 | 1 |
| 3BR | $3,500 | +$155 (+4.6%) | +$200 (+6.1%) | $2,550 – $3,600 | 30 |
| 3BR | $3,464 | +$119 (+3.6%) | +$164 (+5.0%) | $3,464 – $3,464 | 2 |
| 4BR | $3,100 | −$55 (-1.8%) | −$300 (-8.8%) | $2,499 – $3,482 | 8 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — September 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,863 | $2,369 | −$506 (-21.4%) |
| 1BR | $1,850 | $2,393 | −$543 (-22.7%) |
| 1BR | $1,967 | $2,393 | −$426 (-17.8%) |
| 2BR | $2,762 | $2,900 | −$138 (-4.8%) |
| 3BR | $3,500 | $3,598 | −$97 (-2.7%) |
| 3BR | $3,500 | $3,598 | −$97 (-2.7%) |
| 3BR | $3,464 | $3,598 | −$133 (-3.7%) |
| 4BR | $3,100 | $4,295 | −$1,195 (-27.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.