Monthly Rent Report
Far Rockaway Rent Report — March 2016
Asking rents in ZIP 11693, New York City, from 75 listings.
Median 1BR rent in Far Rockaway was $1,350 in March 2016, flat versus February 2016 and down 10.0% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Far Rockaway $300 below the New York City citywide 1BR median of $1,650. The month's figures are based on 75 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2016 | Vs. March 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | — | −$999 (-43.5%) | $1,300 – $1,300 | 1 |
| 1BR | $1,350 | $0 (0.0%) | −$150 (-10.0%) | $1,350 – $1,350 | 5 |
| 2BR | $1,650 | $0 (0.0%) | +$150 (+10.0%) | $1,600 – $1,725 | 45 |
| 3BR | $1,850 | $0 (0.0%) | +$150 (+8.8%) | $1,650 – $2,000 | 24 |
Median, P25, and P75 are asking rents from listings posted in March 2016. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — March 2016
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,569 | −$269 (-17.1%) |
| 1BR | $1,350 | $1,650 | −$300 (-18.2%) |
| 2BR | $1,650 | $2,025 | −$375 (-18.5%) |
| 3BR | $1,850 | $2,500 | −$650 (-26.0%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in March 2016.