Monthly Rent Report
Hunts Point Rent Report — May 2024
Asking rents in ZIP 10474, New York City, from 62 listings.
Median 1BR rent in Hunts Point was $2,696 in May 2024, up 53.3% (+$937) from April 2024 and up 54.1% year-over-year. The middle half of 1BR listings asked between $2,696 and $2,696. That puts Hunts Point $271 above the New York City citywide 1BR median of $2,425. The month's figures are based on 62 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,472 | — | — | $2,472 – $2,472 | 3 |
| Studio | $2,472 | — | — | $2,472 – $2,472 | 3 |
| 1BR | $2,696 | +$937 (+53.3%) | +$946 (+54.1%) | $2,696 – $2,696 | 1 |
| 1BR | $2,696 | +$937 (+53.3%) | +$946 (+54.1%) | $2,696 – $2,696 | 1 |
| 2BR | $2,880 | $0 (0.0%) | +$580 (+25.2%) | $2,525 – $2,880 | 9 |
| 2BR | $2,880 | $0 (0.0%) | +$580 (+25.2%) | $2,525 – $2,880 | 9 |
| 3BR | $3,500 | −$103 (-2.9%) | +$1,000 (+40.0%) | $3,500 – $3,500 | 1 |
| 3BR | $3,500 | −$103 (-2.9%) | +$1,000 (+40.0%) | $3,464 – $3,600 | 18 |
| 4BR | $3,910 | +$42 (+1.1%) | +$210 (+5.7%) | $3,739 – $4,070 | 4 |
| 4BR | $3,910 | +$42 (+1.1%) | +$210 (+5.7%) | $3,739 – $4,070 | 4 |
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 | $2,472 | $2,350 | +$122 (+5.2%) |
| Studio | $2,472 | $2,350 | +$122 (+5.2%) |
| 1BR | $2,696 | $2,425 | +$271 (+11.2%) |
| 1BR | $2,696 | $2,425 | +$271 (+11.2%) |
| 2BR | $2,880 | $2,914 | −$33 (-1.1%) |
| 2BR | $2,880 | $2,914 | −$33 (-1.1%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 4BR | $3,910 | $4,250 | −$340 (-8.0%) |
| 4BR | $3,910 | $4,250 | −$340 (-8.0%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.