Monthly Rent Report
Midwood Rent Report — March 2024
Asking rents in ZIP 11230, New York City, from 228 listings.
Median 1BR rent in Midwood was $2,400 in March 2024, down 5.3% (−$135) from February 2024 and down 9.3% year-over-year. The middle half of 1BR listings asked between $2,199 and $2,896. That puts Midwood $99 below the New York City citywide 1BR median of $2,499. The month's figures are based on 228 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,835 | +$335 (+22.3%) | −$274 (-13.0%) | $1,673 – $2,295 | 11 |
| Studio | $1,835 | +$335 (+22.3%) | −$274 (-13.0%) | $1,588 – $2,207 | 15 |
| 1BR | $2,400 | −$135 (-5.3%) | −$246 (-9.3%) | $2,199 – $2,896 | 56 |
| 1BR | $2,499 | −$36 (-1.4%) | −$147 (-5.6%) | $2,250 – $2,900 | 61 |
| 2BR | $3,200 | +$500 (+18.5%) | +$1,100 (+52.4%) | $2,963 – $3,600 | 31 |
| 2BR | $3,236 | +$536 (+19.9%) | +$1,136 (+54.1%) | $2,975 – $3,850 | 23 |
| 3BR | $3,750 | +$400 (+11.9%) | +$500 (+15.4%) | $3,200 – $4,395 | 13 |
| 3BR | $3,690 | +$340 (+10.1%) | +$440 (+13.5%) | $3,150 – $4,250 | 10 |
| 4BR | $3,800 | −$2,200 (-36.7%) | +$800 (+26.7%) | $2,900 – $3,900 | 5 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Midwood vs. New York City — March 2024
| Bedrooms | Midwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,835 | $2,450 | −$615 (-25.1%) |
| Studio | $1,835 | $2,450 | −$615 (-25.1%) |
| 1BR | $2,400 | $2,499 | −$99 (-4.0%) |
| 1BR | $2,499 | $2,499 | $0 (0.0%) |
| 2BR | $3,200 | $2,995 | +$206 (+6.9%) |
| 2BR | $3,236 | $2,995 | +$242 (+8.1%) |
| 3BR | $3,750 | $3,500 | +$250 (+7.1%) |
| 3BR | $3,690 | $3,500 | +$190 (+5.4%) |
| 4BR | $3,800 | $4,250 | −$449 (-10.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.