Monthly Rent Report
Parkchester Rent Report — May 2023
Asking rents in ZIP 10462, New York City, from 162 listings.
Median 1BR rent in Parkchester was $1,700 in May 2023, down 2.9% (−$50) from April 2023 and down 15.0% year-over-year. The middle half of 1BR listings asked between $1,665 and $1,925. That puts Parkchester $777 below the New York City citywide 1BR median of $2,477. The month's figures are based on 162 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,513 | +$165 (+12.2%) | +$63 (+4.3%) | $1,450 – $1,525 | 4 |
| Studio | $1,500 | +$153 (+11.3%) | +$50 (+3.4%) | $1,400 – $1,525 | 17 |
| 1BR | $1,700 | −$50 (-2.9%) | −$300 (-15.0%) | $1,665 – $1,925 | 55 |
| 1BR | $1,875 | +$125 (+7.1%) | −$125 (-6.3%) | $1,700 – $2,101 | 10 |
| 2BR | $2,500 | +$100 (+4.2%) | +$100 (+4.2%) | $2,250 – $2,550 | 41 |
| 2BR | $1,000 | −$1,400 (-58.3%) | −$1,400 (-58.3%) | $1,000 – $1,000 | 3 |
| 3BR | $3,000 | −$84 (-2.7%) | +$275 (+10.1%) | $2,800 – $3,100 | 29 |
| 3BR | $2,500 | −$584 (-18.9%) | −$225 (-8.3%) | $2,500 – $2,500 | 1 |
| 4BR | $3,200 | −$246 (-7.1%) | — | $3,200 – $3,200 | 1 |
| 4BR | $3,200 | −$246 (-7.1%) | — | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Parkchester vs. New York City — May 2023
| Bedrooms | Parkchester Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,513 | $2,450 | −$937 (-38.3%) |
| Studio | $1,500 | $2,450 | −$950 (-38.8%) |
| 1BR | $1,700 | $2,477 | −$777 (-31.4%) |
| 1BR | $1,875 | $2,477 | −$602 (-24.3%) |
| 2BR | $2,500 | $2,800 | −$300 (-10.7%) |
| 2BR | $1,000 | $2,800 | −$1,800 (-64.3%) |
| 3BR | $3,000 | $3,225 | −$225 (-7.0%) |
| 3BR | $2,500 | $3,225 | −$725 (-22.5%) |
| 4BR | $3,200 | $4,000 | −$800 (-20.0%) |
| 4BR | $3,200 | $4,000 | −$800 (-20.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.