Monthly Rent Report
Pelham Bay Rent Report — May 2023
Asking rents in ZIP 10461, New York City, from 233 listings.
Median 1BR rent in Pelham Bay was $1,784 in May 2023, down 15.0% (−$316) from April 2023 and up 4.9% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,950. That puts Pelham Bay $693 below the New York City citywide 1BR median of $2,477. The month's figures are based on 233 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | −$200 (-12.5%) | −$100 (-6.7%) | $1,350 – $1,500 | 14 |
| Studio | $1,500 | −$100 (-6.3%) | $0 (0.0%) | $1,450 – $1,829 | 3 |
| 1BR | $1,784 | −$316 (-15.0%) | +$84 (+4.9%) | $1,650 – $1,950 | 67 |
| 1BR | $1,600 | −$500 (-23.8%) | −$100 (-5.9%) | $1,600 – $1,600 | 1 |
| 2BR | $2,700 | +$500 (+22.7%) | +$700 (+35.0%) | $2,700 – $2,700 | 1 |
| 2BR | $2,300 | +$100 (+4.5%) | +$300 (+15.0%) | $2,049 – $2,400 | 61 |
| 3BR | $2,900 | +$200 (+7.4%) | +$600 (+26.1%) | $2,600 – $3,100 | 70 |
| 3BR | $3,000 | +$300 (+11.1%) | +$700 (+30.4%) | $3,000 – $3,000 | 1 |
| 4BR | $3,000 | +$605 (+25.3%) | +$450 (+17.6%) | $2,750 – $3,624 | 10 |
| 4BR | $3,498 | +$1,103 (+46.0%) | +$948 (+37.2%) | $2,946 – $4,049 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Pelham Bay vs. New York City — May 2023
| Bedrooms | Pelham Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $2,450 | −$1,050 (-42.9%) |
| Studio | $1,500 | $2,450 | −$950 (-38.8%) |
| 1BR | $1,784 | $2,477 | −$693 (-28.0%) |
| 1BR | $1,600 | $2,477 | −$877 (-35.4%) |
| 2BR | $2,700 | $2,800 | −$100 (-3.6%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 3BR | $2,900 | $3,225 | −$325 (-10.1%) |
| 3BR | $3,000 | $3,225 | −$225 (-7.0%) |
| 4BR | $3,000 | $4,000 | −$1,000 (-25.0%) |
| 4BR | $3,498 | $4,000 | −$502 (-12.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.