Monthly Rent Report
Little Neck Rent Report — February 2016
Asking rents in ZIP 11362, New York City, from 24 listings.
Median 1BR rent in Little Neck was $1,675 in February 2016, down 8.2% (−$150) from January 2016 and up 19.6% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,675. That puts Little Neck $25 above the New York City citywide 1BR median of $1,650. The month's figures are based on 24 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2016 | Vs. February 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | — | — | $1,675 – $1,675 | 5 |
| 1BR | $1,675 | −$150 (-8.2%) | +$275 (+19.6%) | $1,675 – $1,675 | 1 |
| 2BR | $1,750 | −$350 (-16.7%) | — | $1,750 – $2,700 | 5 |
| 3BR | $2,500 | +$150 (+6.4%) | +$400 (+19.0%) | $2,150 – $2,700 | 11 |
| 4BR | $3,500 | +$125 (+3.7%) | +$600 (+20.7%) | $3,500 – $3,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2016. Changes compare against the nearest prior month with data.
Little Neck vs. New York City — February 2016
| Bedrooms | Little Neck Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $1,575 | +$100 (+6.3%) |
| 1BR | $1,675 | $1,650 | +$25 (+1.5%) |
| 2BR | $1,750 | $2,000 | −$250 (-12.5%) |
| 3BR | $2,500 | $2,450 | +$50 (+2.0%) |
| 4BR | $3,500 | $3,175 | +$325 (+10.2%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in February 2016.