Monthly Rent Report
Hunts Point Rent Report — May 2024
Asking rents in ZIP 10455, New York City, from 103 listings.
Median 1BR rent in Hunts Point was $2,113 in May 2024, up 11.5% (+$218) from April 2024 and up 22.5% year-over-year. The middle half of 1BR listings asked between $1,863 and $2,238. That puts Hunts Point $313 below the New York City citywide 1BR median of $2,425. The month's figures are based on 103 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,808 | +$53 (+3.0%) | −$112 (-5.8%) | $1,808 – $2,085 | 9 |
| Studio | $1,808 | +$53 (+3.0%) | −$112 (-5.8%) | $1,808 – $1,808 | 1 |
| 1BR | $2,113 | +$218 (+11.5%) | +$388 (+22.5%) | $1,863 – $2,238 | 28 |
| 1BR | $1,864 | −$31 (-1.6%) | +$139 (+8.1%) | $1,859 – $1,869 | 4 |
| 2BR | $2,399 | −$176 (-6.8%) | +$99 (+4.3%) | $2,399 – $2,399 | 1 |
| 2BR | $2,397 | −$178 (-6.9%) | +$97 (+4.2%) | $2,395 – $2,475 | 18 |
| 3BR | $3,214 | −$143 (-4.3%) | +$439 (+15.8%) | $3,188 – $3,643 | 21 |
| 3BR | $3,214 | −$143 (-4.3%) | +$439 (+15.8%) | $3,188 – $3,643 | 21 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Hunts Point vs. New York City — May 2024
| Bedrooms | Hunts Point Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,808 | $2,350 | −$542 (-23.1%) |
| Studio | $1,808 | $2,350 | −$542 (-23.1%) |
| 1BR | $2,113 | $2,425 | −$312 (-12.9%) |
| 1BR | $1,864 | $2,425 | −$561 (-23.1%) |
| 2BR | $2,399 | $2,914 | −$514 (-17.7%) |
| 2BR | $2,397 | $2,914 | −$516 (-17.7%) |
| 3BR | $3,214 | $3,600 | −$386 (-10.7%) |
| 3BR | $3,214 | $3,600 | −$386 (-10.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.