Monthly Rent Report
Far Rockaway Rent Report — March 2023
Asking rents in ZIP 11693, New York City, from 24 listings.
Median 1BR rent in Far Rockaway was $2,700 in March 2023, up 18.7% (+$425) from February 2023 and up 45.9% year-over-year. The middle half of 1BR listings asked between $2,700 and $2,700. That puts Far Rockaway $401 above the New York City citywide 1BR median of $2,299. The month's figures are based on 24 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,591 | — | — | $1,591 – $1,591 | 1 |
| Studio | $1,591 | — | — | $1,591 – $1,591 | 1 |
| Studio | $1,550 | — | — | $1,550 – $1,550 | 1 |
| 1BR | $2,700 | +$425 (+18.7%) | +$850 (+45.9%) | $2,700 – $2,700 | 2 |
| 1BR | $2,700 | +$425 (+18.7%) | +$850 (+45.9%) | $2,700 – $2,700 | 4 |
| 2BR | $2,425 | +$225 (+10.2%) | +$225 (+10.2%) | $2,413 – $2,438 | 2 |
| 2BR | $2,425 | +$225 (+10.2%) | +$225 (+10.2%) | $2,325 – $2,488 | 4 |
| 3BR | $2,500 | −$1,500 (-37.5%) | −$100 (-3.8%) | $2,500 – $2,500 | 1 |
| 3BR | $2,900 | −$1,100 (-27.5%) | +$300 (+11.5%) | $2,450 – $3,050 | 8 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — March 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,591 | $2,200 | −$609 (-27.7%) |
| Studio | $1,591 | $2,200 | −$609 (-27.7%) |
| Studio | $1,550 | $2,200 | −$650 (-29.5%) |
| 1BR | $2,700 | $2,299 | +$401 (+17.4%) |
| 1BR | $2,700 | $2,299 | +$401 (+17.4%) |
| 2BR | $2,425 | $2,650 | −$225 (-8.5%) |
| 2BR | $2,425 | $2,650 | −$225 (-8.5%) |
| 3BR | $2,500 | $3,200 | −$700 (-21.9%) |
| 3BR | $2,900 | $3,200 | −$300 (-9.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.