Monthly Rent Report

Far Rockaway Rent Report — March 2020

Asking rents in ZIP 11693, New York City, from 10 listings.

Median 1BR rent in Far Rockaway was $1,500 in March 2020, down 6.3% (−$100) from February 2020. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Far Rockaway $400 below the New York City citywide 1BR median of $1,900. The month's figures are based on 10 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2020Vs. Year AgoP25–P75 RangeListings
1BR$1,500−$100 (-6.3%)$1,500 – $1,5002
1BR$1,500−$100 (-6.3%)$1,500 – $1,5002
2BR$2,450+$450 (+22.5%)$2,450 – $2,4502
2BR$2,450+$450 (+22.5%)$2,450 – $2,4502
3BR$2,600+$300 (+13.0%)$2,600 – $2,6001
3BR$2,600+$300 (+13.0%)$2,600 – $2,6001

Median, P25, and P75 are asking rents from listings posted in March 2020. Changes compare against the nearest prior month with data.

Far Rockaway vs. New York CityMarch 2020

BedroomsFar Rockaway MedianNYC Citywide MedianDifference
1BR$1,500$1,900−$400 (-21.1%)
1BR$1,500$1,900−$400 (-21.1%)
2BR$2,450$2,290+$160 (+7.0%)
2BR$2,450$2,290+$160 (+7.0%)
3BR$2,600$2,600$0 (0.0%)
3BR$2,600$2,600$0 (0.0%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2020.

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