Monthly Rent Report
Queens Village Rent Report — May 2015
Asking rents in ZIP 11429, New York City, from 56 listings.
Median 1BR rent in Queens Village was $1,050 in May 2015, down 4.5% (−$50) from April 2015 and down 12.5% year-over-year. The middle half of 1BR listings asked between $900 and $1,350. That puts Queens Village $648 below the New York City citywide 1BR median of $1,698. The month's figures are based on 56 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2015 | Vs. May 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,125 | −$875 (-43.8%) | — | $1,125 – $1,125 | 5 |
| Studio | $1,125 | −$875 (-43.8%) | — | $1,103 – $1,125 | 6 |
| 1BR | $1,050 | −$50 (-4.5%) | −$150 (-12.5%) | $900 – $1,350 | 7 |
| 1BR | $1,400 | +$300 (+27.3%) | +$200 (+16.7%) | $1,400 – $1,400 | 2 |
| 1BR | $900 | −$200 (-18.2%) | −$300 (-25.0%) | $900 – $1,050 | 5 |
| 2BR | $1,500 | −$100 (-6.3%) | −$100 (-6.3%) | $1,388 – $1,500 | 6 |
| 2BR | $1,500 | −$100 (-6.3%) | −$100 (-6.3%) | $1,350 – $1,500 | 5 |
| 3BR | $2,300 | +$550 (+31.4%) | — | $2,056 – $2,450 | 10 |
| 3BR | $2,300 | +$550 (+31.4%) | — | $2,056 – $2,450 | 10 |
Median, P25, and P75 are asking rents from listings posted in May 2015. Changes compare against the nearest prior month with data.
Queens Village vs. New York City — May 2015
| Bedrooms | Queens Village Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,125 | $1,500 | −$375 (-25.0%) |
| Studio | $1,125 | $1,500 | −$375 (-25.0%) |
| 1BR | $1,050 | $1,698 | −$647 (-38.1%) |
| 1BR | $1,400 | $1,698 | −$297 (-17.5%) |
| 1BR | $900 | $1,698 | −$797 (-47.0%) |
| 2BR | $1,500 | $2,100 | −$600 (-28.6%) |
| 2BR | $1,500 | $2,100 | −$600 (-28.6%) |
| 3BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 3BR | $2,300 | $2,500 | −$200 (-8.0%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in May 2015.