Monthly Rent Report
Far Rockaway Rent Report — December 2016
Asking rents in ZIP 11693, New York City, from 8 listings.
Median 1BR rent in Far Rockaway was $1,300 in December 2016, flat versus November 2016 and down 5.5% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,300. That puts Far Rockaway $499 below the New York City citywide 1BR median of $1,799. The month's figures are based on 8 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2016 | Vs. December 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | $0 (0.0%) | — | $800 – $800 | 1 |
| 1BR | $1,300 | $0 (0.0%) | −$75 (-5.5%) | $1,300 – $1,300 | 4 |
| 2BR | $1,795 | $0 (0.0%) | −$1,005 (-35.9%) | $1,795 – $1,795 | 1 |
| 3BR | $1,500 | $0 (0.0%) | −$350 (-18.9%) | $1,500 – $1,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2016. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — December 2016
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $1,795 | −$995 (-55.4%) |
| 1BR | $1,300 | $1,799 | −$499 (-27.7%) |
| 2BR | $1,795 | $2,300 | −$505 (-22.0%) |
| 3BR | $1,500 | $2,800 | −$1,299 (-46.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2016.