Monthly Rent Report
Hunts Point Rent Report — May 2023
Asking rents in ZIP 10474, New York City, from 26 listings.
Median 1BR rent in Hunts Point was $1,750 in May 2023, down 17.0% (−$358) from April 2023 and down 5.4% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts Hunts Point $727 below the New York City citywide 1BR median of $2,477. The month's figures are based on 26 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,750 | −$358 (-17.0%) | −$100 (-5.4%) | $1,750 – $1,750 | 1 |
| 1BR | $1,750 | −$358 (-17.0%) | −$100 (-5.4%) | $1,750 – $1,750 | 1 |
| 2BR | $2,300 | +$425 (+22.7%) | +$200 (+9.5%) | $2,300 – $2,300 | 1 |
| 2BR | $2,300 | +$425 (+22.7%) | +$200 (+9.5%) | $2,300 – $2,300 | 1 |
| 3BR | $3,148 | +$48 (+1.5%) | +$348 (+12.4%) | $2,925 – $3,429 | 14 |
| 3BR | $2,500 | −$600 (-19.4%) | −$300 (-10.7%) | $2,500 – $2,500 | 1 |
| 4BR | $3,700 | $0 (0.0%) | +$700 (+23.3%) | $3,700 – $3,700 | 2 |
| 4BR | $3,700 | $0 (0.0%) | +$700 (+23.3%) | $3,700 – $3,700 | 2 |
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 |
|---|---|---|---|
| 1BR | $1,750 | $2,477 | −$727 (-29.4%) |
| 1BR | $1,750 | $2,477 | −$727 (-29.4%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 3BR | $3,148 | $3,225 | −$77 (-2.4%) |
| 3BR | $2,500 | $3,225 | −$725 (-22.5%) |
| 4BR | $3,700 | $4,000 | −$300 (-7.5%) |
| 4BR | $3,700 | $4,000 | −$300 (-7.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.