Monthly Rent Report
Far Rockaway Rent Report — August 2024
Asking rents in ZIP 11693, New York City, from 17 listings.
Median 1BR rent in Far Rockaway was $1,750 in August 2024, down 2.8% (−$50) from July 2024 and down 5.4% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,872. That puts Far Rockaway $640 below the New York City citywide 1BR median of $2,390. The month's figures are based on 17 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | — | +$100 (+5.9%) | $1,800 – $1,800 | 2 |
| 1BR | $1,750 | −$50 (-2.8%) | −$100 (-5.4%) | $1,750 – $1,872 | 4 |
| 2BR | $2,350 | −$450 (-16.1%) | −$350 (-13.0%) | $2,350 – $2,350 | 1 |
| 2BR | $2,425 | −$375 (-13.4%) | −$275 (-10.2%) | $2,413 – $2,438 | 2 |
| 3BR | $2,800 | −$664 (-19.2%) | −$1,200 (-30.0%) | $2,800 – $3,325 | 6 |
| 4BR | $3,500 | $0 (0.0%) | −$400 (-10.3%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — August 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $2,500 | −$700 (-28.0%) |
| 1BR | $1,750 | $2,390 | −$640 (-26.8%) |
| 2BR | $2,350 | $2,900 | −$550 (-19.0%) |
| 2BR | $2,425 | $2,900 | −$475 (-16.4%) |
| 3BR | $2,800 | $3,603 | −$803 (-22.3%) |
| 4BR | $3,500 | $4,225 | −$725 (-17.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.