Monthly Rent Report
Hollis Rent Report — July 2024
Asking rents in ZIP 11423, New York City, from 33 listings.
Median 1BR rent in Hollis was $2,500 in July 2024, up 19.0% (+$400) from June 2024 and up 108.3% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,500. That puts Hollis in line with the New York City citywide 1BR median of $2,500. The month's figures are based on 33 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,100 | $0 (0.0%) | +$3,700 (+264.3%) | $3,650 – $6,550 | 2 |
| Studio | $5,100 | $0 (0.0%) | +$3,700 (+264.3%) | $2,200 – $8,000 | 4 |
| 1BR | $2,500 | +$400 (+19.0%) | +$1,300 (+108.3%) | $2,500 – $2,500 | 1 |
| 1BR | $2,500 | +$400 (+19.0%) | +$1,300 (+108.3%) | $2,500 – $2,500 | 2 |
| 2BR | $2,500 | −$150 (-5.7%) | — | $2,500 – $2,871 | 6 |
| 2BR | $2,500 | −$150 (-5.7%) | — | $2,500 – $2,500 | 1 |
| 3BR | $4,995 | $0 (0.0%) | +$195 (+4.1%) | $3,500 – $5,000 | 5 |
| 3BR | $4,500 | −$495 (-9.9%) | −$300 (-6.3%) | $3,750 – $5,250 | 2 |
| 3BR | $3,100 | −$1,895 (-37.9%) | −$1,700 (-35.4%) | $3,100 – $3,100 | 1 |
| 4BR | $5,300 | −$699 (-11.7%) | +$1,800 (+51.4%) | $5,000 – $5,600 | 4 |
| 4BR | $5,300 | −$699 (-11.7%) | +$1,800 (+51.4%) | $5,150 – $5,450 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Hollis vs. New York City — July 2024
| Bedrooms | Hollis Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,100 | $2,800 | +$2,300 (+82.1%) |
| Studio | $5,100 | $2,800 | +$2,300 (+82.1%) |
| 1BR | $2,500 | $2,500 | $0 (0.0%) |
| 1BR | $2,500 | $2,500 | $0 (0.0%) |
| 2BR | $2,500 | $3,000 | −$500 (-16.7%) |
| 2BR | $2,500 | $3,000 | −$500 (-16.7%) |
| 3BR | $4,995 | $3,606 | +$1,389 (+38.5%) |
| 3BR | $4,500 | $3,606 | +$894 (+24.8%) |
| 3BR | $3,100 | $3,606 | −$506 (-14.0%) |
| 4BR | $5,300 | $4,500 | +$800 (+17.8%) |
| 4BR | $5,300 | $4,500 | +$800 (+17.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.