Monthly Rent Report

Hollis Rent Report — May 2016

Asking rents in ZIP 11423, New York City, from 103 listings.

Median 1BR rent in Hollis was $1,562 in May 2016, flat versus April 2016. The middle half of 1BR listings asked between $1,521 and $1,609. That puts Hollis $138 below the New York City citywide 1BR median of $1,700. The month's figures are based on 103 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2016Vs. Year AgoP25–P75 RangeListings
Studio$1,200−$100 (-7.7%)—$1,200 – $1,30021
1BR$1,562$0 (0.0%)—$1,521 – $1,60930
2BR$1,725−$50 (-2.8%)—$1,538 – $2,00011
3BR$2,995+$1,020 (+51.6%)—$2,300 – $3,50017
4BR$2,900−$400 (-12.1%)—$2,113 – $3,3008

Median, P25, and P75 are asking rents from listings posted in May 2016. Changes compare against the nearest prior month with data.

Hollis vs. New York City — May 2016

BedroomsHollis MedianNYC Citywide MedianDifference
Studio$1,200$1,550−$350 (-22.6%)
1BR$1,562$1,700−$137 (-8.1%)
2BR$1,725$2,100−$375 (-17.9%)
3BR$2,995$2,500+$495 (+19.8%)
4BR$2,900$3,325−$425 (-12.8%)

Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in May 2016.

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