Monthly Rent Report

Maspeth Rent Report — July 2016

Asking rents in ZIP 11378, New York City, from 120 listings.

Median 1BR rent in Maspeth was $1,525 in July 2016, up 8.9% (+$125) from June 2016 and up 1.7% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,638. That puts Maspeth $175 below the New York City citywide 1BR median of $1,700. The month's figures are based on 120 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2016Vs. July 2015P25–P75 RangeListings
Studio$1,100−$200 (-15.4%)−$1,900 (-63.3%)$1,075 – $1,1004
1BR$1,525+$125 (+8.9%)+$25 (+1.7%)$1,400 – $1,63830
2BR$1,950+$50 (+2.6%)+$55 (+2.9%)$1,800 – $2,15037
3BR$2,349+$49 (+2.1%)+$49 (+2.1%)$2,256 – $2,50040
4BR$2,800+$200 (+7.7%)—$2,800 – $2,8005

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

Maspeth vs. New York City — July 2016

BedroomsMaspeth MedianNYC Citywide MedianDifference
Studio$1,100$1,600−$500 (-31.3%)
1BR$1,525$1,700−$175 (-10.3%)
2BR$1,950$2,100−$150 (-7.1%)
3BR$2,349$2,500−$151 (-6.0%)
4BR$2,800$3,325−$525 (-15.8%)

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

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