Monthly Rent Report
Far Rockaway Rent Report — September 2016
Asking rents in ZIP 11693, New York City, from 45 listings.
Median 1BR rent in Far Rockaway was $1,600 in September 2016, up 4.9% (+$75) from August 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 $100 below the New York City citywide 1BR median of $1,700. The month's figures are based on 45 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2016 | Vs. September 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,600 | +$75 (+4.9%) | +$150 (+10.3%) | $1,600 – $1,600 | 4 |
| 2BR | $1,650 | $0 (0.0%) | −$200 (-10.8%) | $1,600 – $1,750 | 29 |
| 3BR | $1,900 | +$50 (+2.7%) | +$50 (+2.7%) | $1,850 – $1,952 | 12 |
Median, P25, and P75 are asking rents from listings posted in September 2016. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — September 2016
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,600 | $1,700 | −$100 (-5.9%) |
| 2BR | $1,650 | $2,104 | −$454 (-21.6%) |
| 3BR | $1,900 | $2,650 | −$750 (-28.3%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in September 2016.