Monthly Rent Report

Hollis Rent Report — October 2016

Asking rents in ZIP 11423, New York City, from 28 listings.

Median 1BR rent in Hollis was $1,640 in October 2016, up 0.6% (+$11) from September 2016 and up 26.1% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,699. That puts Hollis $61 below the New York City citywide 1BR median of $1,700. The month's figures are based on 28 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2016Vs. October 2015P25–P75 RangeListings
Studio$1,275−$425 (-25.0%)−$25 (-1.9%)$1,256 – $1,3814
1BR$1,640+$11 (+0.6%)+$340 (+26.1%)$1,600 – $1,69912
2BR$1,700$0 (0.0%)−$278 (-14.1%)$1,650 – $1,9003
3BR$1,950−$1,275 (-39.5%)−$250 (-11.4%)$1,900 – $2,0005
4BR$4,000+$1,500 (+60.0%)+$1,750 (+77.8%)$3,625 – $4,0004

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

Hollis vs. New York City — October 2016

BedroomsHollis MedianNYC Citywide MedianDifference
Studio$1,275$1,613−$337 (-20.9%)
1BR$1,640$1,700−$60 (-3.6%)
2BR$1,700$2,128−$428 (-20.1%)
3BR$1,950$2,600−$650 (-25.0%)
4BR$4,000$3,323+$678 (+20.4%)

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

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