Monthly Rent Report

Far Rockaway Rent Report — December 2015

Asking rents in ZIP 11693, New York City, from 196 listings.

Median 1BR rent in Far Rockaway was $1,375 in December 2015, down 1.8% (−$25) from November 2015 and up 1.9% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,450. That puts Far Rockaway $310 below the New York City citywide 1BR median of $1,685. The month's figures are based on 196 listings across 7 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2015Vs. December 2014P25–P75 RangeListings
1BR$1,375−$25 (-1.8%)+$25 (+1.9%)$1,350 – $1,45012
1BR$1,375−$25 (-1.8%)+$25 (+1.9%)$1,350 – $1,45012
2BR$1,725$0 (0.0%)+$175 (+11.3%)$1,650 – $1,75027
2BR$2,800+$1,075 (+62.3%)+$1,250 (+80.6%)$1,800 – $2,80035
2BR$1,775+$50 (+2.9%)+$225 (+14.5%)$1,650 – $2,80058
3BR$1,850$0 (0.0%)+$150 (+8.8%)$1,850 – $2,40026
3BR$1,850$0 (0.0%)+$150 (+8.8%)$1,850 – $2,40026

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

Far Rockaway vs. New York CityDecember 2015

BedroomsFar Rockaway MedianNYC Citywide MedianDifference
1BR$1,375$1,685−$310 (-18.4%)
1BR$1,375$1,685−$310 (-18.4%)
2BR$1,725$2,100−$375 (-17.9%)
2BR$2,800$2,100+$700 (+33.3%)
2BR$1,775$2,100−$325 (-15.5%)
3BR$1,850$2,600−$750 (-28.8%)
3BR$1,850$2,600−$750 (-28.8%)

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

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