Monthly Rent Report

Hunts Point Rent Report — May 2016

Asking rents in ZIP 10474, New York City, from 50 listings.

Median 1BR rent in Hunts Point was $1,350 in May 2016, flat versus April 2016. The middle half of 1BR listings asked between $1,325 and $1,350. That puts Hunts Point $350 below the New York City citywide 1BR median of $1,700. The month's figures are based on 50 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2016Vs. Year AgoP25–P75 RangeListings
Studio$1,100$0 (0.0%)$1,100 – $1,1004
1BR$1,350$0 (0.0%)$1,325 – $1,35028
2BR$1,675+$175 (+11.7%)$1,600 – $1,6757
3BR$1,750−$100 (-5.4%)$1,750 – $1,7754
4BR$2,300$0 (0.0%)$2,300 – $3,4957

Median, P25, and P75 are asking rents from listings posted in May 2016. Changes compare against the nearest prior month with data.

Hunts Point vs. New York CityMay 2016

BedroomsHunts Point MedianNYC Citywide MedianDifference
Studio$1,100$1,550−$450 (-29.0%)
1BR$1,350$1,700−$349 (-20.6%)
2BR$1,675$2,100−$425 (-20.2%)
3BR$1,750$2,500−$750 (-30.0%)
4BR$2,300$3,325−$1,025 (-30.8%)

Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in May 2016.

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