Monthly Rent Report
Rego Park Rent Report — August 2023
Asking rents in ZIP 11374, New York City, from 43 listings.
Median 1BR rent in Rego Park was $1,900 in August 2023, down 19.1% (−$450) from July 2023 and down 5.0% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts Rego Park $450 below the New York City citywide 1BR median of $2,350. The month's figures are based on 43 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | −$835 (-33.0%) | −$502 (-22.9%) | $1,695 – $1,695 | 2 |
| Studio | $1,890 | −$640 (-25.3%) | −$307 (-14.0%) | $1,825 – $2,353 | 11 |
| 1BR | $1,900 | −$450 (-19.1%) | −$100 (-5.0%) | $1,900 – $1,900 | 1 |
| 1BR | $2,250 | −$100 (-4.3%) | +$250 (+12.5%) | $2,125 – $2,523 | 3 |
| 1BR | $2,148 | −$202 (-8.6%) | +$148 (+7.4%) | $2,121 – $2,174 | 2 |
| 2BR | $4,148 | +$948 (+29.6%) | +$1,648 (+65.9%) | $3,471 – $4,824 | 2 |
| 2BR | $2,300 | −$900 (-28.1%) | −$200 (-8.0%) | $2,300 – $2,300 | 1 |
| 2BR | $3,000 | −$200 (-6.3%) | +$500 (+20.0%) | $2,969 – $3,000 | 4 |
| 3BR | $3,600 | +$205 (+6.0%) | +$205 (+6.0%) | $3,600 – $3,600 | 1 |
| 3BR | $3,598 | +$203 (+6.0%) | +$203 (+6.0%) | $3,174 – $3,800 | 10 |
| 3BR | $4,000 | +$605 (+17.8%) | +$605 (+17.8%) | $3,900 – $4,100 | 2 |
| 4BR | $3,900 | −$850 (-17.9%) | −$900 (-18.8%) | $3,900 – $3,900 | 3 |
| 4BR | $3,900 | −$850 (-17.9%) | −$900 (-18.8%) | $3,900 – $3,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Rego Park vs. New York City — August 2023
| Bedrooms | Rego Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $2,490 | −$795 (-31.9%) |
| Studio | $1,890 | $2,490 | −$600 (-24.1%) |
| 1BR | $1,900 | $2,350 | −$450 (-19.1%) |
| 1BR | $2,250 | $2,350 | −$100 (-4.3%) |
| 1BR | $2,148 | $2,350 | −$202 (-8.6%) |
| 2BR | $4,148 | $2,859 | +$1,289 (+45.1%) |
| 2BR | $2,300 | $2,859 | −$559 (-19.6%) |
| 2BR | $3,000 | $2,859 | +$141 (+4.9%) |
| 3BR | $3,600 | $3,413 | +$188 (+5.5%) |
| 3BR | $3,598 | $3,413 | +$185 (+5.4%) |
| 3BR | $4,000 | $3,413 | +$588 (+17.2%) |
| 4BR | $3,900 | $4,200 | −$300 (-7.1%) |
| 4BR | $3,900 | $4,200 | −$300 (-7.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.