Monthly Rent Report

Flushing Rent Report — May 2024

Asking rents in ZIP 11354, New York City, from 195 listings.

Median 1BR rent in Flushing was $2,400 in May 2024, flat versus April 2024 and up 9.1% year-over-year. The middle half of 1BR listings asked between $2,129 and $3,000. That puts Flushing $25 below the New York City citywide 1BR median of $2,425. The month's figures are based on 195 listings across 16 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2024Vs. May 2023P25–P75 RangeListings
Studio$2,000$0 (0.0%)−$175 (-8.0%)$1,950 – $2,10016
Studio$1,700−$300 (-15.0%)−$475 (-21.8%)$1,700 – $1,7001
Studio$2,000$0 (0.0%)−$175 (-8.0%)$1,887 – $2,0634
1BR$2,400$0 (0.0%)+$200 (+9.1%)$2,129 – $3,00052
1BR$2,200−$200 (-8.3%)$0 (0.0%)$1,850 – $2,36314
1BR$2,188−$212 (-8.9%)−$12 (-0.6%)$2,100 – $2,3064
2BR$3,000+$200 (+7.1%)+$400 (+15.4%)$2,725 – $4,20050
2BR$4,200+$1,400 (+50.0%)+$1,600 (+61.5%)$4,200 – $4,2001
2BR$2,250−$550 (-19.6%)−$350 (-13.5%)$2,113 – $3,12514
3BR$2,750−$350 (-11.3%)$0 (0.0%)$2,599 – $2,7755
3BR$2,800−$300 (-9.7%)+$50 (+1.8%)$2,699 – $3,00021
3BR$3,850+$750 (+24.2%)+$1,100 (+40.0%)$3,425 – $4,1753
4BR$4,500——$4,500 – $4,5001
4BR$4,000——$4,000 – $4,5007

Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.

Flushing vs. New York City — May 2024

BedroomsFlushing MedianNYC Citywide MedianDifference
Studio$2,000$2,350−$350 (-14.9%)
Studio$1,700$2,350−$650 (-27.7%)
Studio$2,000$2,350−$350 (-14.9%)
1BR$2,400$2,425−$25 (-1.0%)
1BR$2,200$2,425−$225 (-9.3%)
1BR$2,188$2,425−$237 (-9.8%)
2BR$3,000$2,914+$87 (+3.0%)
2BR$4,200$2,914+$1,287 (+44.2%)
2BR$2,250$2,914−$663 (-22.8%)
3BR$2,750$3,600−$850 (-23.6%)
3BR$2,800$3,600−$800 (-22.2%)
3BR$3,850$3,600+$250 (+6.9%)
4BR$4,500$4,250+$250 (+5.9%)
4BR$4,000$4,250−$250 (-5.9%)

Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.

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