Monthly Rent Report
Far Rockaway Rent Report — May 2015
Asking rents in ZIP 11693, New York City, from 54 listings.
Median 1BR rent in Far Rockaway was $1,400 in May 2015, down 3.4% (−$50) from April 2015. The middle half of 1BR listings asked between $1,250 and $1,400. That puts Far Rockaway $298 below the New York City citywide 1BR median of $1,698. The month's figures are based on 54 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2015 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,400 | −$50 (-3.4%) | — | $1,250 – $1,400 | 9 |
| 1BR | $1,400 | −$50 (-3.4%) | — | $1,250 – $1,400 | 13 |
| 2BR | $1,500 | −$50 (-3.2%) | — | $1,500 – $1,550 | 10 |
| 2BR | $1,525 | −$25 (-1.6%) | — | $1,500 – $1,550 | 12 |
| 3BR | $2,835 | −$160 (-5.3%) | — | $2,406 – $2,995 | 4 |
| 3BR | $2,835 | −$160 (-5.3%) | — | $1,869 – $2,995 | 6 |
Median, P25, and P75 are asking rents from listings posted in May 2015. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — May 2015
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,400 | $1,698 | −$297 (-17.5%) |
| 1BR | $1,400 | $1,698 | −$297 (-17.5%) |
| 2BR | $1,500 | $2,100 | −$600 (-28.6%) |
| 2BR | $1,525 | $2,100 | −$575 (-27.4%) |
| 3BR | $2,835 | $2,500 | +$335 (+13.4%) |
| 3BR | $2,835 | $2,500 | +$335 (+13.4%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in May 2015.