Monthly Rent Report
Far Rockaway Rent Report — April 2016
Asking rents in ZIP 11693, New York City, from 43 listings.
Median 1BR rent in Far Rockaway was $1,600 in April 2016, up 18.5% (+$250) from March 2016 and up 10.3% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Far Rockaway $75 below the New York City citywide 1BR median of $1,675. The month's figures are based on 43 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2016 | Vs. April 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,600 | +$250 (+18.5%) | +$150 (+10.3%) | $1,600 – $1,600 | 1 |
| 2BR | $1,650 | $0 (0.0%) | +$100 (+6.5%) | $1,600 – $1,725 | 24 |
| 3BR | $1,850 | $0 (0.0%) | −$1,145 (-38.2%) | $1,850 – $2,000 | 16 |
| 4BR | $2,500 | — | — | $2,500 – $2,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2016. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — April 2016
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,600 | $1,675 | −$75 (-4.5%) |
| 2BR | $1,650 | $2,100 | −$450 (-21.4%) |
| 3BR | $1,850 | $2,500 | −$650 (-26.0%) |
| 4BR | $2,500 | $3,299 | −$799 (-24.2%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in April 2016.