Monthly Rent Report
Far Rockaway Rent Report — May 2023
Asking rents in ZIP 11693, New York City, from 5 listings.
Median 1BR rent in Far Rockaway was $2,900 in May 2023, flat versus April 2023 and down 3.3% year-over-year. The middle half of 1BR listings asked between $2,900 and $2,900. That puts Far Rockaway $423 above the New York City citywide 1BR median of $2,477. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,900 | $0 (0.0%) | −$100 (-3.3%) | $2,900 – $2,900 | 1 |
| 1BR | $2,900 | $0 (0.0%) | −$100 (-3.3%) | $2,900 – $2,900 | 2 |
| 3BR | $2,400 | −$350 (-12.7%) | −$300 (-11.1%) | $2,400 – $2,400 | 1 |
| 3BR | $2,400 | −$350 (-12.7%) | −$300 (-11.1%) | $2,400 – $2,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — May 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,900 | $2,477 | +$423 (+17.1%) |
| 1BR | $2,900 | $2,477 | +$423 (+17.1%) |
| 3BR | $2,400 | $3,225 | −$825 (-25.6%) |
| 3BR | $2,400 | $3,225 | −$825 (-25.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.