Monthly Rent Report

Far Rockaway Rent Report — November 2015

Asking rents in ZIP 11693, New York City, from 166 listings.

Median 1BR rent in Far Rockaway was $1,400 in November 2015, flat versus October 2015 and up 3.7% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,450. That puts Far Rockaway $275 below the New York City citywide 1BR median of $1,675. The month's figures are based on 166 listings across 7 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2015Vs. November 2014P25–P75 RangeListings
1BR$1,400$0 (0.0%)+$50 (+3.7%)$1,350 – $1,45016
1BR$1,400$0 (0.0%)+$50 (+3.7%)$1,350 – $1,45012
2BR$1,725−$125 (-6.8%)−$25 (-1.4%)$1,669 – $1,85030
2BR$1,725−$125 (-6.8%)−$25 (-1.4%)$1,650 – $1,85020
2BR$1,800−$50 (-2.7%)+$50 (+2.9%)$1,725 – $2,80024
3BR$1,850$0 (0.0%)−$412 (-18.2%)$1,850 – $1,87527
3BR$1,850$0 (0.0%)−$412 (-18.2%)$1,850 – $1,85037

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

Far Rockaway vs. New York CityNovember 2015

BedroomsFar Rockaway MedianNYC Citywide MedianDifference
1BR$1,400$1,675−$275 (-16.4%)
1BR$1,400$1,675−$275 (-16.4%)
2BR$1,725$2,150−$425 (-19.8%)
2BR$1,725$2,150−$425 (-19.8%)
2BR$1,800$2,150−$350 (-16.3%)
3BR$1,850$2,575−$725 (-28.2%)
3BR$1,850$2,575−$725 (-28.2%)

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

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