Monthly Rent Report
Far Rockaway Rent Report — February 2024
Asking rents in ZIP 11693, New York City, from 45 listings.
Median 1BR rent in Far Rockaway was $1,750 in February 2024, down 35.2% (−$950) from January 2024 and down 23.1% year-over-year. The middle half of 1BR listings asked between $1,725 and $1,775. That puts Far Rockaway $700 below the New York City citywide 1BR median of $2,450. The month's figures are based on 45 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,250 | — | — | $2,250 – $2,250 | 1 |
| Studio | $2,250 | — | — | $2,250 – $2,250 | 1 |
| 1BR | $1,750 | −$950 (-35.2%) | −$525 (-23.1%) | $1,725 – $1,775 | 2 |
| 1BR | $1,750 | −$950 (-35.2%) | −$525 (-23.1%) | $1,725 – $1,775 | 2 |
| 2BR | $3,300 | +$550 (+20.0%) | +$1,050 (+46.7%) | $2,700 – $16,000 | 12 |
| 2BR | $2,700 | −$50 (-1.8%) | +$450 (+20.0%) | $2,700 – $2,700 | 2 |
| 2BR | $16,000 | +$13,250 (+481.8%) | +$13,750 (+611.1%) | $16,000 – $16,000 | 3 |
| 3BR | $3,200 | +$100 (+3.2%) | −$800 (-20.0%) | $2,800 – $3,600 | 4 |
| 3BR | $3,400 | +$300 (+9.7%) | −$600 (-15.0%) | $2,800 – $3,600 | 18 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — February 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,250 | $2,359 | −$109 (-4.6%) |
| Studio | $2,250 | $2,359 | −$109 (-4.6%) |
| 1BR | $1,750 | $2,450 | −$700 (-28.6%) |
| 1BR | $1,750 | $2,450 | −$700 (-28.6%) |
| 2BR | $3,300 | $2,979 | +$321 (+10.8%) |
| 2BR | $2,700 | $2,979 | −$279 (-9.4%) |
| 2BR | $16,000 | $2,979 | +$13,021 (+437.1%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 3BR | $3,400 | $3,500 | −$100 (-2.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.