Monthly Rent Report
Hunts Point Rent Report — August 2024
Asking rents in ZIP 10474, New York City, from 23 listings.
Median 1BR rent in Hunts Point was $1,616 in August 2024 and down 7.4% year-over-year. The middle half of 1BR listings asked between $1,568 and $1,688. That puts Hunts Point $774 below the New York City citywide 1BR median of $2,390. The month's figures are based on 23 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,696 | +$224 (+9.1%) | — | $2,696 – $2,696 | 1 |
| 1BR | $1,616 | — | −$129 (-7.4%) | $1,568 – $1,688 | 3 |
| 2BR | $2,880 | +$355 (+14.1%) | +$325 (+12.7%) | $2,880 – $2,880 | 2 |
| 2BR | $2,880 | +$355 (+14.1%) | +$325 (+12.7%) | $2,880 – $2,880 | 6 |
| 3BR | $3,464 | $0 (0.0%) | +$250 (+7.8%) | $3,464 – $3,464 | 2 |
| 4BR | $3,868 | −$167 (-4.1%) | +$573 (+17.4%) | $3,705 – $3,969 | 7 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Hunts Point vs. New York City — August 2024
| Bedrooms | Hunts Point Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,696 | $2,500 | +$196 (+7.8%) |
| 1BR | $1,616 | $2,390 | −$774 (-32.4%) |
| 2BR | $2,880 | $2,900 | −$20 (-0.7%) |
| 2BR | $2,880 | $2,900 | −$20 (-0.7%) |
| 3BR | $3,464 | $3,603 | −$139 (-3.9%) |
| 4BR | $3,868 | $4,225 | −$357 (-8.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.