Monthly Rent Report

Maspeth Rent Report — May 2016

Asking rents in ZIP 11378, New York City, from 344 listings.

Median 1BR rent in Maspeth was $1,400 in May 2016, down 6.7% (−$100) from April 2016 and up 3.7% year-over-year. The middle half of 1BR listings asked between $1,393 and $1,500. That puts Maspeth $300 below the New York City citywide 1BR median of $1,700. The month's figures are based on 344 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2016Vs. May 2015P25–P75 RangeListings
Studio$800−$400 (-33.3%)—$763 – $8006
1BR$1,400−$100 (-6.7%)+$50 (+3.7%)$1,393 – $1,50051
2BR$2,000$0 (0.0%)+$250 (+14.3%)$1,800 – $2,350123
3BR$2,375+$25 (+1.1%)+$75 (+3.3%)$2,200 – $2,750120
4BR$2,600+$50 (+2.0%)−$100 (-3.7%)$2,400 – $2,70036

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

Maspeth vs. New York City — May 2016

BedroomsMaspeth MedianNYC Citywide MedianDifference
Studio$800$1,550−$750 (-48.4%)
1BR$1,400$1,700−$299 (-17.6%)
2BR$2,000$2,100−$100 (-4.8%)
3BR$2,375$2,500−$125 (-5.0%)
4BR$2,600$3,325−$725 (-21.8%)

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

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