Monthly Rent Report

Far Rockaway Rent Report — August 2015

Asking rents in ZIP 11693, New York City, from 92 listings.

Median 1BR rent in Far Rockaway was $1,500 in August 2015, flat versus July 2015. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Far Rockaway $195 below the New York City citywide 1BR median of $1,695. The month's figures are based on 92 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2015Vs. Year AgoP25–P75 RangeListings
Studio$1,000−$1,145 (-53.4%)$1,000 – $1,0003
Studio$1,000−$1,145 (-53.4%)$1,000 – $1,0003
1BR$1,500$0 (0.0%)$1,500 – $1,50017
1BR$1,500$0 (0.0%)$1,500 – $1,50017
2BR$1,600+$50 (+3.2%)$1,375 – $1,75014
2BR$1,600+$50 (+3.2%)$1,375 – $1,75014
3BR$2,600+$800 (+44.4%)$1,500 – $2,80011
3BR$2,600+$800 (+44.4%)$1,500 – $2,80011
4BR$1,950−$50 (-2.5%)$1,950 – $1,9501
4BR$1,950−$50 (-2.5%)$1,950 – $1,9501

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

Far Rockaway vs. New York CityAugust 2015

BedroomsFar Rockaway MedianNYC Citywide MedianDifference
Studio$1,000$1,650−$650 (-39.4%)
Studio$1,000$1,650−$650 (-39.4%)
1BR$1,500$1,695−$195 (-11.5%)
1BR$1,500$1,695−$195 (-11.5%)
2BR$1,600$2,150−$550 (-25.6%)
2BR$1,600$2,150−$550 (-25.6%)
3BR$2,600$2,600$0 (0.0%)
3BR$2,600$2,600$0 (0.0%)
4BR$1,950$3,300−$1,350 (-40.9%)
4BR$1,950$3,300−$1,350 (-40.9%)

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

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