Monthly Rent Report
Far Rockaway Rent Report — November 2016
Asking rents in ZIP 11693, New York City, from 49 listings.
Median 1BR rent in Far Rockaway was $1,300 in November 2016, up 8.3% (+$100) from October 2016 and down 7.1% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,300. That puts Far Rockaway $450 below the New York City citywide 1BR median of $1,750. The month's figures are based on 49 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2016 | Vs. November 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | $0 (0.0%) | — | $800 – $800 | 4 |
| 1BR | $1,300 | +$100 (+8.3%) | −$100 (-7.1%) | $1,300 – $1,300 | 8 |
| 2BR | $1,795 | +$145 (+8.8%) | +$70 (+4.1%) | $1,600 – $1,900 | 34 |
| 3BR | $1,500 | −$825 (-35.5%) | −$350 (-18.9%) | $1,500 – $1,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2016. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — November 2016
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $1,698 | −$897 (-52.9%) |
| 1BR | $1,300 | $1,750 | −$450 (-25.7%) |
| 2BR | $1,795 | $2,150 | −$355 (-16.5%) |
| 3BR | $1,500 | $2,650 | −$1,150 (-43.4%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in November 2016.