Monthly Rent Report
Pelham Bay Rent Report — August 2023
Asking rents in ZIP 10461, New York City, from 27 listings.
Median 1BR rent in Pelham Bay was $1,975 in August 2023, up 14.5% (+$250) from July 2023 and up 6.8% year-over-year. The middle half of 1BR listings asked between $1,788 and $2,125. That puts Pelham Bay $375 below the New York City citywide 1BR median of $2,350. The month's figures are based on 27 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | +$225 (+16.1%) | −$75 (-4.4%) | $1,400 – $2,124 | 8 |
| Studio | $1,723 | +$323 (+23.0%) | +$23 (+1.3%) | $1,500 – $2,124 | 8 |
| 1BR | $1,975 | +$250 (+14.5%) | +$125 (+6.8%) | $1,788 – $2,125 | 3 |
| 1BR | $3,000 | +$1,275 (+73.9%) | +$1,150 (+62.2%) | $3,000 – $3,000 | 1 |
| 2BR | $2,700 | +$400 (+17.4%) | +$900 (+50.0%) | $2,700 – $2,700 | 1 |
| 2BR | $2,350 | +$50 (+2.2%) | +$550 (+30.6%) | $2,225 – $2,375 | 3 |
| 3BR | $2,900 | −$200 (-6.5%) | +$200 (+7.4%) | $2,900 – $2,900 | 1 |
| 3BR | $2,900 | −$200 (-6.5%) | +$200 (+7.4%) | $2,900 – $2,900 | 1 |
| 4BR | $2,395 | −$1,051 (-30.5%) | −$405 (-14.5%) | $2,395 – $2,395 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Pelham Bay vs. New York City — August 2023
| Bedrooms | Pelham Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $2,490 | −$865 (-34.7%) |
| Studio | $1,723 | $2,490 | −$767 (-30.8%) |
| 1BR | $1,975 | $2,350 | −$375 (-16.0%) |
| 1BR | $3,000 | $2,350 | +$650 (+27.7%) |
| 2BR | $2,700 | $2,859 | −$159 (-5.6%) |
| 2BR | $2,350 | $2,859 | −$509 (-17.8%) |
| 3BR | $2,900 | $3,413 | −$512 (-15.0%) |
| 3BR | $2,900 | $3,413 | −$512 (-15.0%) |
| 4BR | $2,395 | $4,200 | −$1,805 (-43.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.