Monthly Rent Report
Rego Park Rent Report — May 2023
Asking rents in ZIP 11374, New York City, from 108 listings.
Median 1BR rent in Rego Park was $2,225 in May 2023, down 15.3% (−$403) from April 2023 and up 11.3% year-over-year. The middle half of 1BR listings asked between $2,113 and $2,800. That puts Rego Park $252 below the New York City citywide 1BR median of $2,477. The month's figures are based on 108 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$520 (-22.9%) | +$50 (+2.9%) | $1,650 – $2,127 | 7 |
| Studio | $1,800 | −$470 (-20.7%) | +$100 (+5.9%) | $1,800 – $1,800 | 1 |
| 1BR | $2,225 | −$403 (-15.3%) | +$225 (+11.3%) | $2,113 – $2,800 | 46 |
| 1BR | $2,175 | −$453 (-17.2%) | +$175 (+8.8%) | $2,100 – $2,386 | 4 |
| 2BR | $3,000 | +$205 (+7.3%) | +$400 (+15.4%) | $2,500 – $3,388 | 30 |
| 2BR | $2,795 | $0 (0.0%) | +$195 (+7.5%) | $2,795 – $2,795 | 1 |
| 2BR | $3,150 | +$355 (+12.7%) | +$550 (+21.2%) | $2,796 – $3,515 | 6 |
| 3BR | $3,400 | −$800 (-19.0%) | −$200 (-5.6%) | $3,325 – $3,674 | 6 |
| 3BR | $3,350 | −$850 (-20.2%) | −$250 (-6.9%) | $3,288 – $3,491 | 4 |
| 4BR | $4,306 | $0 (0.0%) | +$306 (+7.6%) | $4,306 – $4,306 | 2 |
| 4BR | $4,306 | $0 (0.0%) | +$306 (+7.6%) | $4,306 – $4,306 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Rego Park vs. New York City — May 2023
| Bedrooms | Rego Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $2,450 | −$700 (-28.6%) |
| Studio | $1,800 | $2,450 | −$650 (-26.5%) |
| 1BR | $2,225 | $2,477 | −$252 (-10.2%) |
| 1BR | $2,175 | $2,477 | −$302 (-12.2%) |
| 2BR | $3,000 | $2,800 | +$200 (+7.1%) |
| 2BR | $2,795 | $2,800 | −$5 (-0.2%) |
| 2BR | $3,150 | $2,800 | +$350 (+12.5%) |
| 3BR | $3,400 | $3,225 | +$175 (+5.4%) |
| 3BR | $3,350 | $3,225 | +$125 (+3.9%) |
| 4BR | $4,306 | $4,000 | +$306 (+7.6%) |
| 4BR | $4,306 | $4,000 | +$306 (+7.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.