Monthly Rent Report
Far Rockaway Rent Report — October 2023
Asking rents in ZIP 11693, New York City, from 17 listings.
Median 1BR rent in Far Rockaway was $2,500 in October 2023, up 17.6% (+$375) from September 2023 and up 28.2% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,500. That puts Far Rockaway $50 above the New York City citywide 1BR median of $2,450. The month's figures are based on 17 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,500 | +$375 (+17.6%) | +$550 (+28.2%) | $2,500 – $2,500 | 3 |
| 2BR | $2,450 | −$550 (-18.3%) | −$550 (-18.3%) | $2,450 – $2,450 | 2 |
| 2BR | $3,100 | +$100 (+3.3%) | +$100 (+3.3%) | $2,488 – $3,600 | 6 |
| 3BR | $2,800 | +$1,150 (+69.7%) | −$50 (-1.8%) | $2,800 – $2,800 | 1 |
| 3BR | $2,900 | +$1,250 (+75.8%) | +$50 (+1.8%) | $2,900 – $3,100 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — October 2023
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,500 | $2,450 | +$50 (+2.0%) |
| 2BR | $2,450 | $2,900 | −$450 (-15.5%) |
| 2BR | $3,100 | $2,900 | +$200 (+6.9%) |
| 3BR | $2,800 | $3,349 | −$549 (-16.4%) |
| 3BR | $2,900 | $3,349 | −$449 (-13.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.