Monthly Rent Report
Hollis Rent Report — March 2024
Asking rents in ZIP 11423, New York City, from 33 listings.
Median 1BR rent in Hollis was $2,200 in March 2024, up 12.8% (+$250) from February 2024 and up 15.9% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Hollis $299 below the New York City citywide 1BR median of $2,499. The month's figures are based on 33 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,100 | $0 (0.0%) | +$3,600 (+240.0%) | $2,200 – $8,000 | 4 |
| Studio | $5,100 | $0 (0.0%) | +$3,600 (+240.0%) | $2,200 – $8,000 | 4 |
| 1BR | $2,200 | +$250 (+12.8%) | +$301 (+15.9%) | $2,200 – $2,200 | 2 |
| 1BR | $2,200 | +$250 (+12.8%) | +$301 (+15.9%) | $2,200 – $2,200 | 1 |
| 2BR | $2,600 | $0 (0.0%) | — | $2,150 – $2,750 | 6 |
| 2BR | $2,600 | $0 (0.0%) | — | $2,300 – $2,800 | 3 |
| 3BR | $4,500 | −$388 (-7.9%) | +$1,800 (+66.7%) | $3,750 – $5,250 | 2 |
| 3BR | $3,000 | −$1,888 (-38.6%) | +$300 (+11.1%) | $2,800 – $4,500 | 3 |
| 4BR | $3,705 | −$2,294 (-38.2%) | — | $3,500 – $5,999 | 5 |
| 4BR | $3,705 | −$2,294 (-38.2%) | — | $3,603 – $4,852 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Hollis vs. New York City — March 2024
| Bedrooms | Hollis Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,100 | $2,450 | +$2,650 (+108.2%) |
| Studio | $5,100 | $2,450 | +$2,650 (+108.2%) |
| 1BR | $2,200 | $2,499 | −$299 (-12.0%) |
| 1BR | $2,200 | $2,499 | −$299 (-12.0%) |
| 2BR | $2,600 | $2,995 | −$394 (-13.2%) |
| 2BR | $2,600 | $2,995 | −$394 (-13.2%) |
| 3BR | $4,500 | $3,500 | +$1,000 (+28.6%) |
| 3BR | $3,000 | $3,500 | −$500 (-14.3%) |
| 4BR | $3,705 | $4,250 | −$544 (-12.8%) |
| 4BR | $3,705 | $4,250 | −$544 (-12.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.