Monthly Rent Report
Far Rockaway Rent Report — August 2023
Asking rents in ZIP 11693, New York City, from 14 listings.
Median 1BR rent in Far Rockaway was $1,850 in August 2023, down 28.8% (−$750) from July 2023 and down 26.0% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts Far Rockaway $500 below the New York City citywide 1BR median of $2,350. The month's figures are based on 14 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | +$120 (+7.6%) | — | $1,700 – $1,700 | 1 |
| Studio | $1,700 | +$120 (+7.6%) | — | $1,700 – $1,700 | 1 |
| 1BR | $1,850 | −$750 (-28.8%) | −$650 (-26.0%) | $1,850 – $1,850 | 1 |
| 2BR | $2,700 | −$800 (-22.9%) | +$550 (+25.6%) | $2,700 – $2,700 | 1 |
| 2BR | $2,350 | −$1,150 (-32.9%) | +$200 (+9.3%) | $2,350 – $2,350 | 1 |
| 2BR | $2,700 | −$800 (-22.9%) | +$550 (+25.6%) | $2,700 – $2,700 | 1 |
| 3BR | $4,000 | +$500 (+14.3%) | +$1,600 (+66.7%) | $3,525 – $4,000 | 3 |
| 3BR | $4,000 | +$500 (+14.3%) | +$1,600 (+66.7%) | $3,525 – $4,000 | 3 |
| 4BR | $3,900 | — | +$900 (+30.0%) | $3,900 – $3,900 | 1 |
| 4BR | $3,900 | — | +$900 (+30.0%) | $3,900 – $3,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — August 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $2,490 | −$790 (-31.7%) |
| Studio | $1,700 | $2,490 | −$790 (-31.7%) |
| 1BR | $1,850 | $2,350 | −$500 (-21.3%) |
| 2BR | $2,700 | $2,859 | −$159 (-5.6%) |
| 2BR | $2,350 | $2,859 | −$509 (-17.8%) |
| 2BR | $2,700 | $2,859 | −$159 (-5.6%) |
| 3BR | $4,000 | $3,413 | +$588 (+17.2%) |
| 3BR | $4,000 | $3,413 | +$588 (+17.2%) |
| 4BR | $3,900 | $4,200 | −$300 (-7.1%) |
| 4BR | $3,900 | $4,200 | −$300 (-7.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.