Monthly Rent Report

Little Neck Rent Report — April 2016

Asking rents in ZIP 11362, New York City, from 70 listings.

Median 1BR rent in Little Neck was $1,650 in April 2016, up 22.2% (+$300) from March 2016 and up 10.0% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,650. That puts Little Neck $25 below the New York City citywide 1BR median of $1,675. The month's figures are based on 70 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2016Vs. April 2015P25–P75 RangeListings
Studio$1,675$0 (0.0%)—$1,200 – $1,6758
1BR$1,650+$300 (+22.2%)+$150 (+10.0%)$1,250 – $1,6509
2BR$1,925−$275 (-12.5%)−$325 (-14.4%)$1,700 – $2,00020
3BR$2,400$0 (0.0%)$0 (0.0%)$2,175 – $2,50024
4BR$4,200—+$300 (+7.7%)$3,500 – $4,4009

Median, P25, and P75 are asking rents from listings posted in April 2016. Changes compare against the nearest prior month with data.

Little Neck vs. New York City — April 2016

BedroomsLittle Neck MedianNYC Citywide MedianDifference
Studio$1,675$1,600+$75 (+4.7%)
1BR$1,650$1,675−$25 (-1.5%)
2BR$1,925$2,100−$175 (-8.3%)
3BR$2,400$2,500−$100 (-4.0%)
4BR$4,200$3,299+$901 (+27.3%)

Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in April 2016.

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