Monthly Rent Report
Flushing Rent Report — May 2023
Asking rents in ZIP 11354, New York City, from 135 listings.
Median 1BR rent in Flushing was $3,250 in May 2023, up 62.5% (+$1,250) from April 2023 and up 59.5% year-over-year. The middle half of 1BR listings asked between $3,250 and $3,250. That puts Flushing $773 above the New York City citywide 1BR median of $2,477. The month's figures are based on 135 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,175 | +$375 (+20.8%) | +$585 (+36.8%) | $1,713 – $2,638 | 2 |
| Studio | $1,900 | +$100 (+5.6%) | +$310 (+19.5%) | $1,800 – $1,950 | 5 |
| 1BR | $3,250 | +$1,250 (+62.5%) | +$1,213 (+59.5%) | $3,250 – $3,250 | 1 |
| 1BR | $2,200 | +$200 (+10.0%) | +$163 (+8.0%) | $2,000 – $2,350 | 5 |
| 1BR | $2,025 | +$25 (+1.3%) | −$12 (-0.6%) | $1,950 – $2,350 | 30 |
| 2BR | $2,250 | $0 (0.0%) | −$1,150 (-33.8%) | $2,250 – $2,300 | 5 |
| 2BR | $2,600 | +$350 (+15.6%) | −$800 (-23.5%) | $2,400 – $2,800 | 39 |
| 2BR | $2,500 | +$250 (+11.1%) | −$900 (-26.5%) | $2,400 – $2,950 | 13 |
| 3BR | $2,700 | −$280 (-9.4%) | +$200 (+8.0%) | $2,525 – $2,931 | 6 |
| 3BR | $2,750 | −$230 (-7.7%) | +$250 (+10.0%) | $2,600 – $2,913 | 27 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Flushing vs. New York City — May 2023
| Bedrooms | Flushing Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,175 | $2,450 | −$275 (-11.2%) |
| Studio | $1,900 | $2,450 | −$550 (-22.4%) |
| 1BR | $3,250 | $2,477 | +$773 (+31.2%) |
| 1BR | $2,200 | $2,477 | −$277 (-11.2%) |
| 1BR | $2,025 | $2,477 | −$452 (-18.3%) |
| 2BR | $2,250 | $2,800 | −$550 (-19.6%) |
| 2BR | $2,600 | $2,800 | −$200 (-7.1%) |
| 2BR | $2,500 | $2,800 | −$300 (-10.7%) |
| 3BR | $2,700 | $3,225 | −$525 (-16.3%) |
| 3BR | $2,750 | $3,225 | −$475 (-14.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.