Monthly Rent Report
Hunts Point Rent Report — August 2023
Asking rents in ZIP 10474, New York City, from 41 listings.
Median 1BR rent in Hunts Point was $1,745 in August 2023, up 5.8% (+$95) from July 2023 and up 9.1% year-over-year. The middle half of 1BR listings asked between $1,723 and $1,748. That puts Hunts Point $605 below the New York City citywide 1BR median of $2,350. The month's figures are based on 41 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,745 | +$95 (+5.8%) | +$145 (+9.1%) | $1,723 – $1,748 | 3 |
| 1BR | $1,748 | +$98 (+5.9%) | +$148 (+9.2%) | $1,745 – $1,750 | 6 |
| 2BR | $2,555 | −$145 (-5.4%) | — | $2,555 – $2,555 | 2 |
| 2BR | $2,550 | −$150 (-5.6%) | — | $2,550 – $2,553 | 3 |
| 3BR | $3,214 | +$130 (+4.2%) | +$14 (+0.4%) | $3,207 – $3,214 | 15 |
| 3BR | $3,214 | +$130 (+4.2%) | +$14 (+0.4%) | $3,214 – $3,214 | 3 |
| 4BR | $3,295 | −$55 (-1.6%) | — | $3,295 – $3,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Hunts Point vs. New York City — August 2023
| Bedrooms | Hunts Point Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,745 | $2,350 | −$605 (-25.7%) |
| 1BR | $1,748 | $2,350 | −$602 (-25.6%) |
| 2BR | $2,555 | $2,859 | −$304 (-10.6%) |
| 2BR | $2,550 | $2,859 | −$309 (-10.8%) |
| 3BR | $3,214 | $3,413 | −$198 (-5.8%) |
| 3BR | $3,214 | $3,413 | −$198 (-5.8%) |
| 4BR | $3,295 | $4,200 | −$905 (-21.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.