Monthly Rent Report
Little Neck Rent Report — August 2016
Asking rents in ZIP 11362, New York City, from 67 listings.
Median 1BR rent in Little Neck was $1,650 in August 2016, up 17.9% (+$250) from July 2016 and up 10.0% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,650. That puts Little Neck $48 below the New York City citywide 1BR median of $1,698. The month's figures are based on 67 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2016 | Vs. August 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,650 | +$250 (+17.9%) | +$150 (+10.0%) | $1,600 – $1,650 | 9 |
| 2BR | $1,900 | −$100 (-5.0%) | −$200 (-9.5%) | $1,900 – $1,900 | 4 |
| 3BR | $2,500 | −$100 (-3.8%) | $0 (0.0%) | $2,350 – $2,750 | 43 |
| 4BR | $3,850 | $0 (0.0%) | +$350 (+10.0%) | $3,500 – $3,850 | 11 |
Median, P25, and P75 are asking rents from listings posted in August 2016. Changes compare against the nearest prior month with data.
Little Neck vs. New York City — August 2016
| Bedrooms | Little Neck Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,650 | $1,698 | −$47 (-2.8%) |
| 2BR | $1,900 | $2,100 | −$200 (-9.5%) |
| 3BR | $2,500 | $2,599 | −$99 (-3.8%) |
| 4BR | $3,850 | $3,200 | +$650 (+20.3%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in August 2016.