Monthly Rent Report
Midwood Rent Report — July 2023
Asking rents in ZIP 11230, New York City, from 40 listings.
Median 1BR rent in Midwood was $1,700 in July 2023, up 9.7% (+$150) from June 2023 and down 6.8% year-over-year. The middle half of 1BR listings asked between $1,625 and $1,775. That puts Midwood $750 below the New York City citywide 1BR median of $2,450. The month's figures are based on 40 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,259 | +$660 (+41.2%) | +$709 (+45.7%) | $2,001 – $2,399 | 4 |
| Studio | $1,750 | +$151 (+9.4%) | +$200 (+12.9%) | $1,750 – $1,750 | 1 |
| 1BR | $1,700 | +$150 (+9.7%) | −$125 (-6.8%) | $1,625 – $1,775 | 2 |
| 1BR | $2,475 | +$925 (+59.7%) | +$650 (+35.6%) | $2,399 – $2,765 | 14 |
| 2BR | $3,748 | +$998 (+36.3%) | +$658 (+21.3%) | $3,374 – $4,121 | 2 |
| 2BR | $3,163 | +$413 (+15.0%) | +$73 (+2.3%) | $2,675 – $3,725 | 6 |
| 3BR | $3,900 | +$700 (+21.9%) | −$254 (-6.1%) | $3,725 – $4,000 | 5 |
| 3BR | $3,325 | +$125 (+3.9%) | −$829 (-20.0%) | $3,262 – $3,387 | 2 |
| 4BR | $3,690 | +$348 (+10.4%) | +$790 (+27.2%) | $3,690 – $3,690 | 1 |
| 4BR | $3,690 | +$348 (+10.4%) | +$790 (+27.2%) | $3,690 – $3,690 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Midwood vs. New York City — July 2023
| Bedrooms | Midwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,259 | $2,498 | −$239 (-9.6%) |
| Studio | $1,750 | $2,498 | −$747 (-29.9%) |
| 1BR | $1,700 | $2,450 | −$750 (-30.6%) |
| 1BR | $2,475 | $2,450 | +$25 (+1.0%) |
| 2BR | $3,748 | $2,800 | +$948 (+33.8%) |
| 2BR | $3,163 | $2,800 | +$363 (+12.9%) |
| 3BR | $3,900 | $3,400 | +$500 (+14.7%) |
| 3BR | $3,325 | $3,400 | −$75 (-2.2%) |
| 4BR | $3,690 | $4,200 | −$510 (-12.1%) |
| 4BR | $3,690 | $4,200 | −$510 (-12.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.