Monthly Rent Report
Hollis Rent Report — May 2024
Asking rents in ZIP 11423, New York City, from 50 listings.
Median 1BR rent in Hollis was $2,200 in May 2024 and up 15.9% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Hollis $225 below the New York City citywide 1BR median of $2,425. The month's figures are based on 50 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,100 | $0 (0.0%) | −$700 (-12.1%) | $2,200 – $8,000 | 6 |
| Studio | $5,100 | $0 (0.0%) | −$700 (-12.1%) | $2,200 – $8,000 | 6 |
| 1BR | $2,200 | — | +$301 (+15.9%) | $2,200 – $2,200 | 1 |
| 1BR | $2,200 | — | +$301 (+15.9%) | $2,200 – $2,200 | 1 |
| 2BR | $2,750 | +$150 (+5.8%) | — | $2,725 – $2,775 | 2 |
| 2BR | $2,700 | +$100 (+3.8%) | — | $2,700 – $2,700 | 1 |
| 2BR | $2,800 | +$200 (+7.7%) | — | $2,800 – $2,800 | 1 |
| 3BR | $4,100 | +$1,000 (+32.3%) | +$1,300 (+46.4%) | $3,000 – $5,000 | 8 |
| 3BR | $5,000 | +$1,900 (+61.3%) | +$2,200 (+78.6%) | $5,000 – $5,000 | 1 |
| 3BR | $4,800 | +$1,700 (+54.8%) | +$2,000 (+71.4%) | $2,900 – $4,995 | 5 |
| 4BR | $4,750 | −$250 (-5.0%) | +$1,250 (+35.7%) | $4,125 – $5,374 | 2 |
| 4BR | $5,500 | +$500 (+10.0%) | +$2,000 (+57.1%) | $4,625 – $5,625 | 8 |
| 4BR | $5,500 | +$500 (+10.0%) | +$2,000 (+57.1%) | $5,125 – $5,500 | 6 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Hollis vs. New York City — May 2024
| Bedrooms | Hollis Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,100 | $2,350 | +$2,750 (+117.0%) |
| Studio | $5,100 | $2,350 | +$2,750 (+117.0%) |
| 1BR | $2,200 | $2,425 | −$225 (-9.3%) |
| 1BR | $2,200 | $2,425 | −$225 (-9.3%) |
| 2BR | $2,750 | $2,914 | −$163 (-5.6%) |
| 2BR | $2,700 | $2,914 | −$213 (-7.3%) |
| 2BR | $2,800 | $2,914 | −$113 (-3.9%) |
| 3BR | $4,100 | $3,600 | +$500 (+13.9%) |
| 3BR | $5,000 | $3,600 | +$1,400 (+38.9%) |
| 3BR | $4,800 | $3,600 | +$1,200 (+33.3%) |
| 4BR | $4,750 | $4,250 | +$500 (+11.8%) |
| 4BR | $5,500 | $4,250 | +$1,250 (+29.4%) |
| 4BR | $5,500 | $4,250 | +$1,250 (+29.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.