Monthly Rent Report
Far Rockaway Rent Report — October 2024
Asking rents in ZIP 11691, New York City, from 43 listings.
Median 1BR rent in Far Rockaway was $1,948 in October 2024, down 1.0% (−$19) from September 2024 and down 23.6% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,499. That puts Far Rockaway $359 below the New York City citywide 1BR median of $2,306. The month's figures are based on 43 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | −$562 (-30.2%) | −$762 (-37.0%) | $1,300 – $1,300 | 1 |
| Studio | $1,300 | −$562 (-30.2%) | −$762 (-37.0%) | $1,300 – $1,300 | 1 |
| 1BR | $1,948 | −$19 (-1.0%) | −$602 (-23.6%) | $1,850 – $2,499 | 6 |
| 1BR | $1,900 | −$67 (-3.4%) | −$650 (-25.5%) | $1,900 – $1,900 | 1 |
| 2BR | $2,748 | −$14 (-0.5%) | +$195 (+7.6%) | $2,600 – $2,800 | 12 |
| 2BR | $2,900 | +$138 (+5.0%) | +$348 (+13.6%) | $2,900 – $2,900 | 1 |
| 3BR | $3,464 | −$36 (-1.0%) | +$638 (+22.6%) | $3,464 – $3,700 | 13 |
| 3BR | $3,500 | $0 (0.0%) | +$674 (+23.8%) | $3,500 – $3,500 | 1 |
| 4BR | $3,914 | +$815 (+26.3%) | +$214 (+5.8%) | $3,914 – $4,000 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — October 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $2,550 | −$1,250 (-49.0%) |
| Studio | $1,300 | $2,550 | −$1,250 (-49.0%) |
| 1BR | $1,948 | $2,306 | −$359 (-15.6%) |
| 1BR | $1,900 | $2,306 | −$406 (-17.6%) |
| 2BR | $2,748 | $2,914 | −$166 (-5.7%) |
| 2BR | $2,900 | $2,914 | −$13 (-0.5%) |
| 3BR | $3,464 | $3,519 | −$55 (-1.6%) |
| 3BR | $3,500 | $3,519 | −$19 (-0.5%) |
| 4BR | $3,914 | $4,100 | −$186 (-4.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.