Monthly Rent Report
Far Rockaway Rent Report — July 2023
Asking rents in ZIP 11693, New York City, from 10 listings.
Median 1BR rent in Far Rockaway was $2,600 in July 2023, flat versus June 2023 and up 2.0% year-over-year. The middle half of 1BR listings asked between $2,600 and $2,600. That puts Far Rockaway $150 above the New York City citywide 1BR median of $2,450. The month's figures are based on 10 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,580 | — | — | $1,580 – $1,580 | 1 |
| Studio | $1,580 | — | — | $1,580 – $1,580 | 1 |
| 1BR | $2,600 | $0 (0.0%) | +$50 (+2.0%) | $2,600 – $2,600 | 1 |
| 1BR | $2,600 | $0 (0.0%) | +$50 (+2.0%) | $2,600 – $2,600 | 1 |
| 2BR | $3,500 | +$805 (+29.9%) | $0 (0.0%) | $3,500 – $3,500 | 1 |
| 2BR | $2,825 | +$130 (+4.8%) | −$675 (-19.3%) | $2,738 – $2,913 | 2 |
| 3BR | $3,500 | +$1,100 (+45.8%) | $0 (0.0%) | $3,500 – $3,500 | 1 |
| 3BR | $3,500 | +$1,100 (+45.8%) | $0 (0.0%) | $3,500 – $3,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — July 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,580 | $2,498 | −$917 (-36.7%) |
| Studio | $1,580 | $2,498 | −$917 (-36.7%) |
| 1BR | $2,600 | $2,450 | +$150 (+6.1%) |
| 1BR | $2,600 | $2,450 | +$150 (+6.1%) |
| 2BR | $3,500 | $2,800 | +$700 (+25.0%) |
| 2BR | $2,825 | $2,800 | +$25 (+0.9%) |
| 3BR | $3,500 | $3,400 | +$100 (+2.9%) |
| 3BR | $3,500 | $3,400 | +$100 (+2.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.