Monthly Rent Report
Far Rockaway Rent Report — September 2023
Asking rents in ZIP 11693, New York City, from 13 listings.
Median 1BR rent in Far Rockaway was $2,125 in September 2023, up 14.9% (+$275) from August 2023 and down 21.3% year-over-year. The middle half of 1BR listings asked between $1,938 and $2,313. That puts Far Rockaway $375 below the New York City citywide 1BR median of $2,500. The month's figures are based on 13 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,125 | +$275 (+14.9%) | −$575 (-21.3%) | $1,938 – $2,313 | 2 |
| 2BR | $3,000 | +$300 (+11.1%) | −$300 (-9.1%) | $3,000 – $3,300 | 3 |
| 3BR | $1,650 | −$2,350 (-58.8%) | −$1,650 (-50.0%) | $1,650 – $1,650 | 1 |
| 3BR | $2,800 | −$1,200 (-30.0%) | −$500 (-15.2%) | $2,800 – $2,900 | 5 |
| 4BR | $3,900 | $0 (0.0%) | — | $3,900 – $3,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — September 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,125 | $2,500 | −$375 (-15.0%) |
| 2BR | $3,000 | $3,000 | $0 (0.0%) |
| 3BR | $1,650 | $3,500 | −$1,850 (-52.9%) |
| 3BR | $2,800 | $3,500 | −$700 (-20.0%) |
| 4BR | $3,900 | $4,325 | −$425 (-9.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.