Monthly Rent Report
Rego Park Rent Report — July 2023
Asking rents in ZIP 11374, New York City, from 51 listings.
Median 1BR rent in Rego Park was $2,175 in July 2023, down 16.3% (−$425) from June 2023 and up 14.5% year-over-year. The middle half of 1BR listings asked between $2,113 and $2,425. That puts Rego Park $275 below the New York City citywide 1BR median of $2,450. The month's figures are based on 51 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | +$195 (+11.5%) | +$131 (+7.4%) | $1,895 – $1,895 | 2 |
| Studio | $2,530 | +$830 (+48.8%) | +$766 (+43.4%) | $2,365 – $2,695 | 2 |
| 1BR | $2,175 | −$425 (-16.3%) | +$275 (+14.5%) | $2,113 – $2,425 | 6 |
| 1BR | $2,200 | −$400 (-15.4%) | +$300 (+15.8%) | $2,200 – $2,200 | 1 |
| 1BR | $3,030 | +$430 (+16.5%) | +$1,130 (+59.5%) | $2,300 – $3,552 | 13 |
| 1BR | $2,350 | −$250 (-9.6%) | +$450 (+23.7%) | $2,350 – $2,350 | 1 |
| 2BR | $3,850 | +$1,225 (+46.7%) | +$850 (+28.3%) | $3,200 – $3,895 | 5 |
| 2BR | $3,200 | +$575 (+21.9%) | +$200 (+6.7%) | $3,000 – $4,038 | 11 |
| 3BR | $3,395 | −$605 (-15.1%) | −$55 (-1.6%) | $3,395 – $3,395 | 1 |
| 3BR | $3,000 | −$1,000 (-25.0%) | −$450 (-13.0%) | $2,850 – $3,400 | 7 |
| 4BR | $4,750 | −$50 (-1.0%) | +$750 (+18.8%) | $4,750 – $4,750 | 1 |
| 4BR | $4,750 | −$50 (-1.0%) | +$750 (+18.8%) | $4,750 – $4,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Rego Park vs. New York City — July 2023
| Bedrooms | Rego Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $2,498 | −$602 (-24.1%) |
| Studio | $2,530 | $2,498 | +$33 (+1.3%) |
| 1BR | $2,175 | $2,450 | −$275 (-11.2%) |
| 1BR | $2,200 | $2,450 | −$250 (-10.2%) |
| 1BR | $3,030 | $2,450 | +$580 (+23.7%) |
| 1BR | $2,350 | $2,450 | −$100 (-4.1%) |
| 2BR | $3,850 | $2,800 | +$1,050 (+37.5%) |
| 2BR | $3,200 | $2,800 | +$400 (+14.3%) |
| 3BR | $3,395 | $3,400 | −$5 (-0.1%) |
| 3BR | $3,000 | $3,400 | −$400 (-11.8%) |
| 4BR | $4,750 | $4,200 | +$550 (+13.1%) |
| 4BR | $4,750 | $4,200 | +$550 (+13.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.