Monthly Rent Report

Far Rockaway Rent Report — November 2023

Asking rents in ZIP 11693, New York City, from 37 listings.

Median 1BR rent in Far Rockaway was $1,950 in November 2023, down 22.0% (−$550) from October 2023 and up 18.2% year-over-year. The middle half of 1BR listings asked between $1,875 and $2,000. That puts Far Rockaway $450 below the New York City citywide 1BR median of $2,400. The month's figures are based on 37 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2023Vs. November 2022P25–P75 RangeListings
1BR$1,950−$550 (-22.0%)+$300 (+18.2%)$1,875 – $2,0004
1BR$1,950−$550 (-22.0%)+$300 (+18.2%)$1,875 – $2,0004
2BR$2,300−$800 (-25.8%)−$700 (-23.3%)$2,300 – $2,3002
2BR$2,300−$800 (-25.8%)−$700 (-23.3%)$2,300 – $2,3002
2BR$2,500−$600 (-19.4%)−$500 (-16.7%)$2,500 – $2,5001
3BR$3,200+$400 (+14.3%)+$500 (+18.5%)$3,200 – $3,30011
3BR$3,200+$400 (+14.3%)+$500 (+18.5%)$3,200 – $3,30011
4BR$4,100$4,100 – $4,1001
4BR$4,100$4,100 – $4,1001

Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.

Far Rockaway vs. New York CityNovember 2023

BedroomsFar Rockaway MedianNYC Citywide MedianDifference
1BR$1,950$2,400−$450 (-18.8%)
1BR$1,950$2,400−$450 (-18.8%)
2BR$2,300$2,798−$497 (-17.8%)
2BR$2,300$2,798−$497 (-17.8%)
2BR$2,500$2,798−$297 (-10.6%)
3BR$3,200$3,300−$100 (-3.0%)
3BR$3,200$3,300−$100 (-3.0%)
4BR$4,100$4,199−$99 (-2.4%)
4BR$4,100$4,199−$99 (-2.4%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.

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