Monthly Rent Report
Far Rockaway Rent Report — May 2024
Asking rents in ZIP 11693, New York City, from 62 listings.
Median 1BR rent in Far Rockaway was $2,100 in May 2024, down 19.2% (−$500) from April 2024 and down 27.6% year-over-year. The middle half of 1BR listings asked between $1,913 and $2,413. That puts Far Rockaway $325 below the New York City citywide 1BR median of $2,425. The month's figures are based on 62 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,100 | −$500 (-19.2%) | −$800 (-27.6%) | $1,913 – $2,413 | 14 |
| 1BR | $2,475 | −$125 (-4.8%) | −$425 (-14.7%) | $2,213 – $2,738 | 2 |
| 1BR | $2,100 | −$500 (-19.2%) | −$800 (-27.6%) | $1,875 – $2,338 | 12 |
| 2BR | $2,885 | +$235 (+8.9%) | — | $2,851 – $3,114 | 4 |
| 2BR | $2,885 | +$235 (+8.9%) | — | $2,885 – $2,885 | 1 |
| 2BR | $2,600 | −$50 (-1.9%) | — | $2,500 – $2,813 | 6 |
| 3BR | $3,400 | +$400 (+13.3%) | +$1,000 (+41.7%) | $3,100 – $3,432 | 3 |
| 3BR | $3,250 | +$250 (+8.3%) | +$850 (+35.4%) | $3,200 – $3,375 | 10 |
| 3BR | $2,850 | −$150 (-5.0%) | +$450 (+18.8%) | $2,850 – $2,850 | 1 |
| 4BR | $3,500 | −$1,000 (-22.2%) | — | $3,500 – $3,500 | 5 |
| 4BR | $3,500 | −$1,000 (-22.2%) | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — May 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,100 | $2,425 | −$325 (-13.4%) |
| 1BR | $2,475 | $2,425 | +$50 (+2.1%) |
| 1BR | $2,100 | $2,425 | −$325 (-13.4%) |
| 2BR | $2,885 | $2,914 | −$28 (-1.0%) |
| 2BR | $2,885 | $2,914 | −$28 (-1.0%) |
| 2BR | $2,600 | $2,914 | −$313 (-10.8%) |
| 3BR | $3,400 | $3,600 | −$200 (-5.6%) |
| 3BR | $3,250 | $3,600 | −$350 (-9.7%) |
| 3BR | $2,850 | $3,600 | −$750 (-20.8%) |
| 4BR | $3,500 | $4,250 | −$750 (-17.6%) |
| 4BR | $3,500 | $4,250 | −$750 (-17.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.