Monthly Rent Report
Far Rockaway Rent Report — July 2024
Asking rents in ZIP 11693, New York City, from 19 listings.
Median 1BR rent in Far Rockaway was $2,700 in July 2024, up 17.4% (+$400) from June 2024 and up 3.8% year-over-year. The middle half of 1BR listings asked between $2,700 and $2,700. That puts Far Rockaway $200 above the New York City citywide 1BR median of $2,500. The month's figures are based on 19 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,700 | +$400 (+17.4%) | +$100 (+3.8%) | $2,700 – $2,700 | 1 |
| 1BR | $1,800 | −$500 (-21.7%) | −$800 (-30.8%) | $1,800 – $1,800 | 1 |
| 1BR | $2,300 | $0 (0.0%) | −$300 (-11.5%) | $2,300 – $2,300 | 2 |
| 2BR | $2,800 | +$300 (+12.0%) | −$25 (-0.9%) | $2,800 – $2,800 | 1 |
| 2BR | $2,600 | +$100 (+4.0%) | −$225 (-8.0%) | $2,500 – $2,888 | 6 |
| 3BR | $3,660 | +$160 (+4.6%) | +$160 (+4.6%) | $3,603 – $3,718 | 2 |
| 3BR | $3,250 | −$250 (-7.1%) | −$250 (-7.1%) | $3,250 – $3,250 | 2 |
| 3BR | $3,464 | −$36 (-1.0%) | −$36 (-1.0%) | $3,157 – $3,532 | 3 |
| 4BR | $3,500 | −$1,000 (-22.2%) | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — July 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,700 | $2,500 | +$200 (+8.0%) |
| 1BR | $1,800 | $2,500 | −$700 (-28.0%) |
| 1BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 2BR | $2,800 | $3,000 | −$200 (-6.7%) |
| 2BR | $2,600 | $3,000 | −$400 (-13.3%) |
| 3BR | $3,660 | $3,606 | +$54 (+1.5%) |
| 3BR | $3,250 | $3,606 | −$356 (-9.9%) |
| 3BR | $3,464 | $3,606 | −$142 (-3.9%) |
| 4BR | $3,500 | $4,500 | −$1,000 (-22.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.