Monthly Rent Report
Far Rockaway Rent Report — November 2024
Asking rents in ZIP 11693, New York City, from 18 listings.
Median 1BR rent in Far Rockaway was $2,550 in November 2024, up 21.4% (+$450) from October 2024 and up 30.8% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,588. That puts Far Rockaway $100 above the New York City citywide 1BR median of $2,450. The month's figures are based on 18 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | −$450 (-22.0%) | — | $1,600 – $1,600 | 1 |
| 1BR | $2,550 | +$450 (+21.4%) | +$600 (+30.8%) | $2,500 – $2,588 | 8 |
| 2BR | $2,650 | −$900 (-25.4%) | +$150 (+6.0%) | $2,625 – $2,700 | 3 |
| 3BR | $3,000 | −$375 (-11.1%) | −$200 (-6.3%) | $3,000 – $3,250 | 5 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Far Rockaway vs. New York City — November 2024
| Bedrooms | Far Rockaway Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $2,383 | −$783 (-32.9%) |
| 1BR | $2,550 | $2,450 | +$100 (+4.1%) |
| 2BR | $2,650 | $2,950 | −$300 (-10.2%) |
| 3BR | $3,000 | $3,600 | −$600 (-16.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.