Monthly Rent Report
Far Rockaway Rent Report — December 2024
Asking rents in ZIP 11691, New York City, from 105 listings.
Median 1BR rent in Far Rockaway was $1,967 in December 2024, up 6.3% (+$117) from November 2024 and down 19.7% year-over-year. The middle half of 1BR listings asked between $1,967 and $1,967. That puts Far Rockaway $513 below the New York City citywide 1BR median of $2,480. The month's figures are based on 105 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,624 | +$749 (+39.9%) | +$912 (+53.2%) | $2,624 – $2,624 | 9 |
| Studio | $2,624 | +$749 (+39.9%) | +$912 (+53.2%) | $2,624 – $2,624 | 2 |
| 1BR | $1,967 | +$117 (+6.3%) | −$483 (-19.7%) | $1,967 – $1,967 | 1 |
| 1BR | $1,750 | −$100 (-5.4%) | −$700 (-28.6%) | $1,700 – $1,800 | 2 |
| 1BR | $2,584 | +$734 (+39.7%) | +$134 (+5.5%) | $2,584 – $2,584 | 2 |
| 2BR | $2,885 | −$142 (-4.7%) | +$85 (+3.0%) | $2,762 – $3,027 | 13 |
| 2BR | $2,895 | −$132 (-4.4%) | +$95 (+3.4%) | $2,762 – $3,027 | 4 |
| 3BR | $3,490 | −$287 (-7.6%) | +$290 (+9.1%) | $3,490 – $3,603 | 47 |
| 3BR | $3,490 | −$287 (-7.6%) | +$290 (+9.1%) | $3,490 – $3,606 | 7 |
| 3BR | $3,400 | −$377 (-10.0%) | +$200 (+6.3%) | $3,400 – $3,400 | 1 |
| 4BR | $3,525 | −$389 (-9.9%) | +$150 (+4.4%) | $2,949 – $4,000 | 8 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — December 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,624 | $2,525 | +$99 (+3.9%) |
| Studio | $2,624 | $2,525 | +$99 (+3.9%) |
| 1BR | $1,967 | $2,480 | −$512 (-20.7%) |
| 1BR | $1,750 | $2,480 | −$729 (-29.4%) |
| 1BR | $2,584 | $2,480 | +$105 (+4.2%) |
| 2BR | $2,885 | $2,975 | −$90 (-3.0%) |
| 2BR | $2,895 | $2,975 | −$80 (-2.7%) |
| 3BR | $3,490 | $3,546 | −$55 (-1.6%) |
| 3BR | $3,490 | $3,546 | −$55 (-1.6%) |
| 3BR | $3,400 | $3,546 | −$145 (-4.1%) |
| 4BR | $3,525 | $4,150 | −$625 (-15.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.