Monthly Rent Report
Far Rockaway Rent Report — March 2024
Asking rents in ZIP 11693, New York City, from 57 listings.
Median 1BR rent in Far Rockaway was $1,900 in March 2024, up 8.6% (+$150) from February 2024 and down 29.6% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts Far Rockaway $599 below the New York City citywide 1BR median of $2,499. The month's figures are based on 57 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,250 | $0 (0.0%) | +$700 (+45.2%) | $2,250 – $2,250 | 1 |
| Studio | $2,375 | +$125 (+5.6%) | +$825 (+53.2%) | $2,313 – $2,438 | 2 |
| 1BR | $1,900 | +$150 (+8.6%) | −$800 (-29.6%) | $1,900 – $1,900 | 1 |
| 1BR | $1,900 | +$150 (+8.6%) | −$800 (-29.6%) | $1,800 – $2,600 | 9 |
| 1BR | $1,850 | +$100 (+5.7%) | −$850 (-31.5%) | $1,800 – $2,075 | 8 |
| 2BR | $2,500 | −$13,500 (-84.4%) | +$75 (+3.1%) | $2,500 – $2,575 | 10 |
| 2BR | $3,000 | −$13,000 (-81.3%) | +$575 (+23.7%) | $2,700 – $3,000 | 6 |
| 3BR | $3,500 | +$100 (+2.9%) | +$600 (+20.7%) | $3,000 – $3,750 | 7 |
| 3BR | $3,777 | +$377 (+11.1%) | +$877 (+30.2%) | $3,500 – $4,000 | 5 |
| 3BR | $2,900 | −$500 (-14.7%) | $0 (0.0%) | $2,900 – $2,900 | 1 |
| 4BR | $4,000 | — | — | $3,925 – $4,500 | 3 |
| 4BR | $3,850 | — | — | $3,850 – $3,888 | 4 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — March 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,250 | $2,450 | −$200 (-8.2%) |
| Studio | $2,375 | $2,450 | −$75 (-3.1%) |
| 1BR | $1,900 | $2,499 | −$599 (-24.0%) |
| 1BR | $1,900 | $2,499 | −$599 (-24.0%) |
| 1BR | $1,850 | $2,499 | −$649 (-26.0%) |
| 2BR | $2,500 | $2,995 | −$494 (-16.5%) |
| 2BR | $3,000 | $2,995 | +$6 (+0.2%) |
| 3BR | $3,500 | $3,500 | $0 (0.0%) |
| 3BR | $3,777 | $3,500 | +$277 (+7.9%) |
| 3BR | $2,900 | $3,500 | −$600 (-17.1%) |
| 4BR | $4,000 | $4,250 | −$249 (-5.9%) |
| 4BR | $3,850 | $4,250 | −$399 (-9.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.