Monthly Rent Report
Howard Beach Rent Report — May 2024
Asking rents in ZIP 11414, New York City, from 73 listings.
Median 1BR rent in Howard Beach was $2,300 in May 2024, up 15.0% (+$300) from April 2024 and up 43.8% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,300. That puts Howard Beach $125 below the New York City citywide 1BR median of $2,425. The month's figures are based on 73 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | — | +$200 (+11.8%) | $1,900 – $1,900 | 2 |
| Studio | $1,900 | — | +$200 (+11.8%) | $1,900 – $1,900 | 2 |
| 1BR | $2,300 | +$300 (+15.0%) | +$700 (+43.8%) | $2,300 – $2,300 | 1 |
| 1BR | $2,425 | +$425 (+21.3%) | +$825 (+51.6%) | $2,238 – $2,613 | 4 |
| 1BR | $1,900 | −$100 (-5.0%) | +$300 (+18.8%) | $1,850 – $1,900 | 3 |
| 1BR | $1,800 | −$200 (-10.0%) | +$200 (+12.5%) | $1,775 – $1,900 | 15 |
| 2BR | $2,600 | −$200 (-7.1%) | −$400 (-13.3%) | $2,300 – $3,500 | 9 |
| 2BR | $3,500 | +$700 (+25.0%) | +$500 (+16.7%) | $3,500 – $3,500 | 1 |
| 2BR | $2,450 | −$350 (-12.5%) | −$550 (-18.3%) | $2,275 – $3,121 | 8 |
| 3BR | $3,200 | +$200 (+6.7%) | +$450 (+16.4%) | $3,150 – $3,600 | 3 |
| 3BR | $3,300 | +$300 (+10.0%) | +$550 (+20.0%) | $3,100 – $3,500 | 14 |
| 3BR | $3,400 | +$400 (+13.3%) | +$650 (+23.6%) | $3,050 – $3,500 | 11 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Howard Beach vs. New York City — May 2024
| Bedrooms | Howard Beach Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $2,350 | −$450 (-19.1%) |
| Studio | $1,900 | $2,350 | −$450 (-19.1%) |
| 1BR | $2,300 | $2,425 | −$125 (-5.2%) |
| 1BR | $2,425 | $2,425 | $0 (0.0%) |
| 1BR | $1,900 | $2,425 | −$525 (-21.6%) |
| 1BR | $1,800 | $2,425 | −$625 (-25.8%) |
| 2BR | $2,600 | $2,914 | −$313 (-10.8%) |
| 2BR | $3,500 | $2,914 | +$587 (+20.1%) |
| 2BR | $2,450 | $2,914 | −$463 (-15.9%) |
| 3BR | $3,200 | $3,600 | −$400 (-11.1%) |
| 3BR | $3,300 | $3,600 | −$300 (-8.3%) |
| 3BR | $3,400 | $3,600 | −$200 (-5.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.