Monthly Rent Report
Rego Park Rent Report — May 2024
Asking rents in ZIP 11374, New York City, from 150 listings.
Median 1BR rent in Rego Park was $3,325 in May 2024, up 14.7% (+$425) from April 2024 and up 52.9% year-over-year. The middle half of 1BR listings asked between $2,725 and $3,515. That puts Rego Park $900 above the New York City citywide 1BR median of $2,425. The month's figures are based on 150 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,050 | $0 (0.0%) | +$1,250 (+69.4%) | $3,010 – $3,064 | 11 |
| Studio | $1,800 | −$1,250 (-41.0%) | $0 (0.0%) | $1,707 – $1,900 | 13 |
| Studio | $2,111 | −$939 (-30.8%) | +$311 (+17.3%) | $1,788 – $3,050 | 24 |
| 1BR | $3,325 | +$425 (+14.7%) | +$1,150 (+52.9%) | $2,725 – $3,515 | 32 |
| 1BR | $3,065 | +$165 (+5.7%) | +$890 (+40.9%) | $3,065 – $3,065 | 1 |
| 1BR | $2,200 | −$700 (-24.1%) | +$25 (+1.1%) | $2,100 – $2,300 | 14 |
| 2BR | $2,800 | −$1,382 (-33.1%) | −$200 (-6.7%) | $2,650 – $3,038 | 15 |
| 2BR | $3,850 | −$332 (-7.9%) | +$850 (+28.3%) | $3,850 – $3,850 | 1 |
| 2BR | $2,823 | −$1,360 (-32.5%) | −$177 (-5.9%) | $2,400 – $3,549 | 16 |
| 2BR | $2,300 | −$1,882 (-45.0%) | −$700 (-23.3%) | $2,300 – $2,300 | 1 |
| 3BR | $3,400 | +$75 (+2.3%) | +$50 (+1.5%) | $3,275 – $3,750 | 4 |
| 3BR | $3,500 | +$175 (+5.3%) | +$150 (+4.5%) | $3,300 – $4,000 | 11 |
| 3BR | $3,500 | +$175 (+5.3%) | +$150 (+4.5%) | $3,350 – $4,000 | 7 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Rego Park vs. New York City — May 2024
| Bedrooms | Rego Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,050 | $2,350 | +$700 (+29.8%) |
| Studio | $1,800 | $2,350 | −$550 (-23.4%) |
| Studio | $2,111 | $2,350 | −$239 (-10.2%) |
| 1BR | $3,325 | $2,425 | +$900 (+37.1%) |
| 1BR | $3,065 | $2,425 | +$640 (+26.4%) |
| 1BR | $2,200 | $2,425 | −$225 (-9.3%) |
| 2BR | $2,800 | $2,914 | −$113 (-3.9%) |
| 2BR | $3,850 | $2,914 | +$937 (+32.1%) |
| 2BR | $2,823 | $2,914 | −$91 (-3.1%) |
| 2BR | $2,300 | $2,914 | −$613 (-21.1%) |
| 3BR | $3,400 | $3,600 | −$200 (-5.6%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.