Monthly Rent Report
Queens Village Rent Report — May 2016
Asking rents in ZIP 11429, New York City, from 16 listings.
Median 1BR rent in Queens Village was $1,500 in May 2016, down 7.7% (−$125) from April 2016 and up 66.7% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Queens Village $200 below the New York City citywide 1BR median of $1,700. The month's figures are based on 16 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2016 | Vs. May 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,500 | −$125 (-7.7%) | +$600 (+66.7%) | $1,500 – $1,500 | 1 |
| 2BR | $1,750 | +$150 (+9.4%) | +$250 (+16.7%) | $1,750 – $1,750 | 9 |
| 3BR | $1,900 | $0 (0.0%) | −$400 (-17.4%) | $1,900 – $1,900 | 1 |
| 4BR | $2,500 | −$1,000 (-28.6%) | — | $2,500 – $3,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in May 2016. Changes compare against the nearest prior month with data.
Queens Village vs. New York City — May 2016
| Bedrooms | Queens Village Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,500 | $1,700 | −$199 (-11.7%) |
| 2BR | $1,750 | $2,100 | −$350 (-16.7%) |
| 3BR | $1,900 | $2,500 | −$600 (-24.0%) |
| 4BR | $2,500 | $3,325 | −$825 (-24.8%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in May 2016.