Monthly Rent Report
Little Neck Rent Report — May 2016
Asking rents in ZIP 11362, New York City, from 84 listings.
Median 1BR rent in Little Neck was $1,650 in May 2016, flat versus April 2016 and up 17.9% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,650. That puts Little Neck $50 below the New York City citywide 1BR median of $1,700. The month's figures are based on 84 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2016 | Vs. May 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,575 | −$100 (-6.0%) | — | $1,481 – $1,600 | 4 |
| 1BR | $1,650 | $0 (0.0%) | +$250 (+17.9%) | $1,250 – $1,650 | 21 |
| 2BR | $2,100 | +$175 (+9.1%) | +$200 (+10.5%) | $1,900 – $2,250 | 17 |
| 3BR | $2,300 | −$100 (-4.2%) | −$100 (-4.2%) | $2,125 – $2,400 | 34 |
| 4BR | $4,200 | $0 (0.0%) | +$300 (+7.7%) | $3,875 – $4,275 | 8 |
Median, P25, and P75 are asking rents from listings posted in May 2016. Changes compare against the nearest prior month with data.
Little Neck vs. New York City — May 2016
| Bedrooms | Little Neck Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,575 | $1,550 | +$25 (+1.6%) |
| 1BR | $1,650 | $1,700 | −$49 (-2.9%) |
| 2BR | $2,100 | $2,100 | $0 (0.0%) |
| 3BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 4BR | $4,200 | $3,325 | +$875 (+26.3%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in May 2016.