Monthly Rent Report

Far Rockaway Rent Report — October 2015

Asking rents in ZIP 11693, New York City, from 239 listings.

Median 1BR rent in Far Rockaway was $1,350 in October 2015, down 6.9% (−$100) from September 2015 and unchanged year-over-year. The middle half of 1BR listings asked between $1,200 and $1,450. That puts Far Rockaway $331 below the New York City citywide 1BR median of $1,681. The month's figures are based on 239 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2015Vs. October 2014P25–P75 RangeListings
Studio$950$0 (0.0%)−$750 (-44.1%)$950 – $9501
Studio$950$0 (0.0%)−$750 (-44.1%)$950 – $9501
1BR$1,350−$100 (-6.9%)$0 (0.0%)$1,200 – $1,4509
1BR$1,400−$50 (-3.4%)+$50 (+3.7%)$1,200 – $1,45010
2BR$1,650−$200 (-10.8%)+$50 (+3.1%)$1,650 – $1,85036
2BR$1,850$0 (0.0%)+$250 (+15.6%)$1,800 – $2,80021
2BR$1,800−$50 (-2.7%)+$200 (+12.5%)$1,650 – $1,85051
3BR$1,850$0 (0.0%)+$50 (+2.8%)$1,850 – $1,85060
3BR$1,850$0 (0.0%)+$50 (+2.8%)$1,850 – $1,88850

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

Far Rockaway vs. New York CityOctober 2015

BedroomsFar Rockaway MedianNYC Citywide MedianDifference
Studio$950$1,573−$622 (-39.6%)
Studio$950$1,573−$622 (-39.6%)
1BR$1,350$1,681−$331 (-19.7%)
1BR$1,400$1,681−$281 (-16.7%)
2BR$1,650$2,150−$500 (-23.3%)
2BR$1,850$2,150−$300 (-14.0%)
2BR$1,800$2,150−$350 (-16.3%)
3BR$1,850$2,550−$700 (-27.5%)
3BR$1,850$2,550−$700 (-27.5%)

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

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