Monthly Rent Report
Hunts Point Rent Report — May 2023
Asking rents in ZIP 10455, New York City, from 79 listings.
Median 1BR rent in Hunts Point was $2,250 in May 2023, up 25.0% (+$450) from April 2023 and up 28.9% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,250. That puts Hunts Point $227 below the New York City citywide 1BR median of $2,477. The month's figures are based on 79 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,920 | +$420 (+28.0%) | +$623 (+48.0%) | $1,568 – $2,400 | 4 |
| Studio | $2,850 | +$1,350 (+90.0%) | +$1,553 (+119.7%) | $2,850 – $2,850 | 1 |
| 1BR | $2,250 | +$450 (+25.0%) | +$504 (+28.9%) | $2,250 – $2,250 | 1 |
| 1BR | $1,725 | −$75 (-4.2%) | −$21 (-1.2%) | $1,650 – $2,188 | 18 |
| 2BR | $2,300 | −$100 (-4.2%) | +$300 (+15.0%) | $2,050 – $2,588 | 4 |
| 2BR | $2,300 | −$100 (-4.2%) | +$300 (+15.0%) | $2,200 – $2,624 | 20 |
| 3BR | $2,645 | −$355 (-11.8%) | −$543 (-17.0%) | $2,500 – $3,100 | 18 |
| 3BR | $2,775 | −$225 (-7.5%) | −$413 (-13.0%) | $2,775 – $2,775 | 1 |
| 4BR | $3,446 | $0 (0.0%) | +$446 (+14.9%) | $3,446 – $3,446 | 1 |
| 4BR | $3,000 | −$446 (-12.9%) | $0 (0.0%) | $3,000 – $3,000 | 5 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Hunts Point vs. New York City — May 2023
| Bedrooms | Hunts Point Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,920 | $2,450 | −$530 (-21.6%) |
| Studio | $2,850 | $2,450 | +$400 (+16.3%) |
| 1BR | $2,250 | $2,477 | −$227 (-9.2%) |
| 1BR | $1,725 | $2,477 | −$752 (-30.4%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 3BR | $2,645 | $3,225 | −$580 (-18.0%) |
| 3BR | $2,775 | $3,225 | −$450 (-14.0%) |
| 4BR | $3,446 | $4,000 | −$554 (-13.9%) |
| 4BR | $3,000 | $4,000 | −$1,000 (-25.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.