Monthly Rent Report
Hollis Rent Report — August 2023
Asking rents in ZIP 11423, New York City, from 23 listings.
Median 1BR rent in Hollis was $1,700 in August 2023, up 41.7% (+$500) from July 2023. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Hollis $650 below the New York City citywide 1BR median of $2,350. The month's figures are based on 23 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | $0 (0.0%) | — | $1,400 – $1,400 | 1 |
| Studio | $1,400 | $0 (0.0%) | — | $1,400 – $1,400 | 1 |
| 1BR | $1,700 | +$500 (+41.7%) | — | $1,700 – $1,700 | 1 |
| 1BR | $1,200 | $0 (0.0%) | — | $1,200 – $1,200 | 1 |
| 3BR | $2,800 | −$2,000 (-41.7%) | — | $2,800 – $2,800 | 1 |
| 3BR | $3,900 | −$900 (-18.8%) | — | $3,000 – $4,975 | 4 |
| 4BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,800 | 5 |
| 4BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Hollis vs. New York City — August 2023
| Bedrooms | Hollis Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $2,490 | −$1,090 (-43.8%) |
| Studio | $1,400 | $2,490 | −$1,090 (-43.8%) |
| 1BR | $1,700 | $2,350 | −$650 (-27.7%) |
| 1BR | $1,200 | $2,350 | −$1,150 (-48.9%) |
| 3BR | $2,800 | $3,413 | −$612 (-17.9%) |
| 3BR | $3,900 | $3,413 | +$488 (+14.3%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.