Monthly Rent Report

Far Rockaway Rent Report — July 2015

Asking rents in ZIP 11693, New York City, from 170 listings.

Median 1BR rent in Far Rockaway was $1,500 in July 2015, up 3.4% (+$50) from June 2015. The middle half of 1BR listings asked between $1,200 and $1,500. That puts Far Rockaway $200 below the New York City citywide 1BR median of $1,700. The month's figures are based on 170 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2015Vs. Year AgoP25–P75 RangeListings
Studio$2,145−$75 (-3.4%)$2,145 – $2,1836
Studio$2,145−$75 (-3.4%)$2,145 – $2,1836
1BR$1,500+$50 (+3.4%)$1,200 – $1,50020
1BR$1,500+$50 (+3.4%)$1,200 – $1,50020
2BR$1,550+$50 (+3.3%)$1,300 – $1,73814
2BR$1,550+$50 (+3.3%)$1,300 – $1,73814
3BR$1,800+$25 (+1.4%)$1,750 – $2,73831
3BR$1,800+$25 (+1.4%)$1,750 – $2,73831
4BR$2,000+$50 (+2.6%)$1,950 – $2,60014
4BR$2,000+$50 (+2.6%)$1,950 – $2,60014

Median, P25, and P75 are asking rents from listings posted in July 2015. Changes compare against the nearest prior month with data.

Far Rockaway vs. New York CityJuly 2015

BedroomsFar Rockaway MedianNYC Citywide MedianDifference
Studio$2,145$1,600+$545 (+34.1%)
Studio$2,145$1,600+$545 (+34.1%)
1BR$1,500$1,700−$200 (-11.8%)
1BR$1,500$1,700−$200 (-11.8%)
2BR$1,550$2,150−$600 (-27.9%)
2BR$1,550$2,150−$600 (-27.9%)
3BR$1,800$2,500−$700 (-28.0%)
3BR$1,800$2,500−$700 (-28.0%)
4BR$2,000$3,200−$1,200 (-37.5%)
4BR$2,000$3,200−$1,200 (-37.5%)

Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in July 2015.

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