Monthly Rent Report

Maspeth Rent Report — March 2016

Asking rents in ZIP 11378, New York City, from 348 listings.

Median 1BR rent in Maspeth was $1,500 in March 2016, up 3.4% (+$50) from February 2016 and unchanged year-over-year. The middle half of 1BR listings asked between $1,388 and $1,600. That puts Maspeth $150 below the New York City citywide 1BR median of $1,650. The month's figures are based on 348 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2016Vs. March 2015P25–P75 RangeListings
Studio$1,250−$175 (-12.3%)−$29 (-2.3%)$1,250 – $4,50025
1BR$1,500+$50 (+3.4%)$0 (0.0%)$1,388 – $1,60079
2BR$1,890+$40 (+2.2%)+$190 (+11.2%)$1,700 – $2,100115
3BR$2,300+$100 (+4.5%)+$300 (+15.0%)$2,200 – $2,500102
4BR$2,400−$100 (-4.0%)+$600 (+33.3%)$2,300 – $2,55015

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

Maspeth vs. New York City — March 2016

BedroomsMaspeth MedianNYC Citywide MedianDifference
Studio$1,250$1,569−$319 (-20.3%)
1BR$1,500$1,650−$150 (-9.1%)
2BR$1,890$2,025−$135 (-6.7%)
3BR$2,300$2,500−$200 (-8.0%)
4BR$2,400$3,200−$800 (-25.0%)

Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in March 2016.

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