Monthly Rent Report
Hollis Rent Report — May 2023
Asking rents in ZIP 11423, New York City, from 22 listings.
Median 1BR rent in Hollis was $1,899 in May 2023, up 5.6% (+$100) from April 2023 and up 15.1% year-over-year. The middle half of 1BR listings asked between $1,899 and $1,899. That puts Hollis $578 below the New York City citywide 1BR median of $2,477. The month's figures are based on 22 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,800 | $0 (0.0%) | — | $5,800 – $5,800 | 1 |
| Studio | $1,400 | −$4,400 (-75.9%) | — | $1,400 – $5,500 | 5 |
| 1BR | $1,899 | +$100 (+5.6%) | +$249 (+15.1%) | $1,899 – $1,899 | 1 |
| 1BR | $1,799 | $0 (0.0%) | +$149 (+9.0%) | $1,799 – $1,799 | 1 |
| 1BR | $1,799 | $0 (0.0%) | +$149 (+9.0%) | $1,799 – $1,799 | 1 |
| 3BR | $3,000 | −$200 (-6.3%) | +$800 (+36.4%) | $3,000 – $4,000 | 3 |
| 3BR | $2,900 | −$300 (-9.4%) | +$700 (+31.8%) | $2,850 – $2,950 | 2 |
| 3BR | $2,800 | −$400 (-12.5%) | +$600 (+27.3%) | $2,800 – $2,800 | 2 |
| 4BR | $3,500 | — | — | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | — | — | $3,500 – $3,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Hollis vs. New York City — May 2023
| Bedrooms | Hollis Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,800 | $2,450 | +$3,350 (+136.7%) |
| Studio | $1,400 | $2,450 | −$1,050 (-42.9%) |
| 1BR | $1,899 | $2,477 | −$578 (-23.3%) |
| 1BR | $1,799 | $2,477 | −$678 (-27.4%) |
| 1BR | $1,799 | $2,477 | −$678 (-27.4%) |
| 3BR | $3,000 | $3,225 | −$225 (-7.0%) |
| 3BR | $2,900 | $3,225 | −$325 (-10.1%) |
| 3BR | $2,800 | $3,225 | −$425 (-13.2%) |
| 4BR | $3,500 | $4,000 | −$500 (-12.5%) |
| 4BR | $3,500 | $4,000 | −$500 (-12.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.