Monthly Rent Report
Midwood Rent Report — May 2024
Asking rents in ZIP 11230, New York City, from 162 listings.
Median 1BR rent in Midwood was $2,250 in May 2024, down 9.8% (−$245) from April 2024 and down 11.0% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,448. That puts Midwood $175 below the New York City citywide 1BR median of $2,425. The month's figures are based on 162 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | +$337 (+15.6%) | +$286 (+12.9%) | $2,500 – $2,500 | 2 |
| Studio | $2,030 | −$133 (-6.1%) | −$184 (-8.3%) | $1,800 – $2,500 | 13 |
| 1BR | $2,250 | −$245 (-9.8%) | −$279 (-11.0%) | $2,250 – $2,448 | 3 |
| 1BR | $2,600 | +$105 (+4.2%) | +$71 (+2.8%) | $2,237 – $3,050 | 60 |
| 2BR | $2,399 | −$300 (-11.1%) | −$828 (-25.7%) | $2,399 – $2,399 | 1 |
| 2BR | $3,500 | +$801 (+29.7%) | +$273 (+8.5%) | $2,909 – $3,820 | 59 |
| 3BR | $3,495 | −$285 (-7.5%) | −$5 (-0.1%) | $3,075 – $3,873 | 20 |
| 3BR | $3,373 | −$407 (-10.8%) | −$127 (-3.6%) | $3,309 – $3,436 | 2 |
| 4BR | $6,250 | +$350 (+5.9%) | +$3,755 (+150.5%) | $6,250 – $6,250 | 1 |
| 4BR | $6,250 | +$350 (+5.9%) | +$3,755 (+150.5%) | $6,250 – $6,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Midwood vs. New York City — May 2024
| Bedrooms | Midwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $2,350 | +$150 (+6.4%) |
| Studio | $2,030 | $2,350 | −$320 (-13.6%) |
| 1BR | $2,250 | $2,425 | −$175 (-7.2%) |
| 1BR | $2,600 | $2,425 | +$175 (+7.2%) |
| 2BR | $2,399 | $2,914 | −$514 (-17.7%) |
| 2BR | $3,500 | $2,914 | +$587 (+20.1%) |
| 3BR | $3,495 | $3,600 | −$105 (-2.9%) |
| 3BR | $3,373 | $3,600 | −$227 (-6.3%) |
| 4BR | $6,250 | $4,250 | +$2,000 (+47.1%) |
| 4BR | $6,250 | $4,250 | +$2,000 (+47.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.