Monthly Rent Report

Maspeth Rent Report — August 2016

Asking rents in ZIP 11378, New York City, from 267 listings.

Median 1BR rent in Maspeth was $1,400 in August 2016, down 8.2% (−$125) from July 2016 and down 8.2% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,600. That puts Maspeth $298 below the New York City citywide 1BR median of $1,698. The month's figures are based on 267 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2016Vs. August 2015P25–P75 RangeListings
Studio$1,340+$240 (+21.8%)−$1,660 (-55.3%)$1,340 – $1,3404
1BR$1,400−$125 (-8.2%)−$125 (-8.2%)$1,400 – $1,60058
2BR$1,900−$50 (-2.6%)+$5 (+0.3%)$1,800 – $2,000105
3BR$2,300−$49 (-2.1%)$0 (0.0%)$2,150 – $2,50082
4BR$2,600−$200 (-7.1%)—$2,250 – $2,65011

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

Maspeth vs. New York City — August 2016

BedroomsMaspeth MedianNYC Citywide MedianDifference
Studio$1,340$1,638−$297 (-18.2%)
1BR$1,400$1,698−$297 (-17.5%)
2BR$1,900$2,100−$200 (-9.5%)
3BR$2,300$2,599−$299 (-11.5%)
4BR$2,600$3,200−$600 (-18.8%)

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

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