Monthly Rent Report
Little Neck Rent Report — March 2016
Asking rents in ZIP 11362, New York City, from 53 listings.
Median 1BR rent in Little Neck was $1,350 in March 2016, down 19.4% (−$325) from February 2016 and down 15.6% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Little Neck $300 below the New York City citywide 1BR median of $1,650. The month's figures are based on 53 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2016 | Vs. March 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | $0 (0.0%) | — | $1,675 – $1,675 | 10 |
| 1BR | $1,350 | −$325 (-19.4%) | −$250 (-15.6%) | $1,350 – $1,350 | 1 |
| 2BR | $2,200 | +$450 (+25.7%) | +$400 (+22.2%) | $2,000 – $2,700 | 12 |
| 3BR | $2,400 | −$100 (-4.0%) | +$200 (+9.1%) | $2,200 – $2,500 | 30 |
Median, P25, and P75 are asking rents from listings posted in March 2016. Changes compare against the nearest prior month with data.
Little Neck vs. New York City — March 2016
| Bedrooms | Little Neck Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $1,569 | +$106 (+6.8%) |
| 1BR | $1,350 | $1,650 | −$300 (-18.2%) |
| 2BR | $2,200 | $2,025 | +$175 (+8.6%) |
| 3BR | $2,400 | $2,500 | −$100 (-4.0%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in March 2016.