Monthly Rent Report
Far Rockaway Rent Report — June 2016
Asking rents in ZIP 11693, New York City, from 52 listings.
Median 1BR rent in Far Rockaway was $1,600 in June 2016, up 68.4% (+$650) from May 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 $85 below the New York City citywide 1BR median of $1,685. The month's figures are based on 52 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2016 | Vs. June 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,600 | +$650 (+68.4%) | +$150 (+10.3%) | $1,600 – $1,600 | 3 |
| 2BR | $1,725 | +$75 (+4.5%) | +$225 (+15.0%) | $1,650 – $1,750 | 21 |
| 3BR | $2,028 | −$72 (-3.4%) | +$253 (+14.3%) | $1,850 – $2,200 | 26 |
| 4BR | $2,500 | $0 (0.0%) | +$550 (+28.2%) | $2,500 – $2,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2016. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — June 2016
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,600 | $1,685 | −$85 (-5.0%) |
| 2BR | $1,725 | $2,100 | −$375 (-17.9%) |
| 3BR | $2,028 | $2,500 | −$472 (-18.9%) |
| 4BR | $2,500 | $3,400 | −$900 (-26.5%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in June 2016.