Monthly Rent Report
Far Rockaway Rent Report — August 2022
Asking rents in ZIP 11693, New York City, from 27 listings.
Median 1BR rent in Far Rockaway was $2,500 in August 2022, down 2.0% (−$50) from July 2022 and up 66.7% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,500. That puts Far Rockaway $150 above the New York City citywide 1BR median of $2,350. The month's figures are based on 27 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,500 | −$50 (-2.0%) | +$1,000 (+66.7%) | $2,500 – $2,500 | 1 |
| 1BR | $2,500 | −$50 (-2.0%) | +$1,000 (+66.7%) | $2,500 – $2,500 | 1 |
| 2BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,700 | 9 |
| 2BR | $2,150 | −$1,350 (-38.6%) | — | $2,150 – $2,150 | 1 |
| 3BR | $2,850 | −$650 (-18.6%) | −$750 (-20.8%) | $2,850 – $2,912 | 5 |
| 3BR | $2,400 | −$1,100 (-31.4%) | −$1,200 (-33.3%) | $2,400 – $2,400 | 1 |
| 4BR | $3,000 | −$295 (-9.0%) | — | $3,000 – $3,000 | 5 |
| 4BR | $3,000 | −$295 (-9.0%) | — | $3,000 – $3,000 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — August 2022
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,500 | $2,350 | +$150 (+6.4%) |
| 1BR | $2,500 | $2,350 | +$150 (+6.4%) |
| 2BR | $3,500 | $2,800 | +$700 (+25.0%) |
| 2BR | $2,150 | $2,800 | −$650 (-23.2%) |
| 3BR | $2,850 | $3,350 | −$500 (-14.9%) |
| 3BR | $2,400 | $3,350 | −$950 (-28.4%) |
| 4BR | $3,000 | $4,224 | −$1,224 (-29.0%) |
| 4BR | $3,000 | $4,224 | −$1,224 (-29.0%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.