Monthly Rent Report
Hunts Point Rent Report — January 2024
Asking rents in ZIP 10474, New York City, from 33 listings.
Median 1BR rent in Hunts Point was $1,350 in January 2024, down 23.3% (−$409) from December 2023 and down 43.4% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Hunts Point $1,000 below the New York City citywide 1BR median of $2,350. The month's figures are based on 33 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,350 | −$409 (-23.3%) | −$1,037 (-43.4%) | $1,350 – $1,350 | 1 |
| 1BR | $2,696 | +$937 (+53.3%) | +$309 (+12.9%) | $2,023 – $2,696 | 3 |
| 2BR | $2,880 | +$180 (+6.7%) | +$230 (+8.7%) | $2,838 – $2,880 | 11 |
| 2BR | $2,880 | +$180 (+6.7%) | +$230 (+8.7%) | $2,880 – $2,880 | 2 |
| 3BR | $3,600 | −$150 (-4.0%) | — | $3,600 – $3,600 | 10 |
| 3BR | $3,600 | −$150 (-4.0%) | — | $3,600 – $3,600 | 2 |
| 4BR | $3,800 | $0 (0.0%) | — | $3,800 – $3,800 | 2 |
| 4BR | $3,800 | $0 (0.0%) | — | $3,800 – $3,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Hunts Point vs. New York City — January 2024
| Bedrooms | Hunts Point Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,350 | $2,350 | −$1,000 (-42.6%) |
| 1BR | $2,696 | $2,350 | +$346 (+14.7%) |
| 2BR | $2,880 | $2,885 | −$5 (-0.2%) |
| 2BR | $2,880 | $2,885 | −$5 (-0.2%) |
| 3BR | $3,600 | $3,443 | +$157 (+4.6%) |
| 3BR | $3,600 | $3,443 | +$157 (+4.6%) |
| 4BR | $3,800 | $4,000 | −$200 (-5.0%) |
| 4BR | $3,800 | $4,000 | −$200 (-5.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.