Monthly Rent Report
Rockaway Park Rent Report — May 2016
Asking rents in ZIP 11694, New York City, from 87 listings.
Median 1BR rent in Rockaway Park was $1,475 in May 2016, down 1.7% (−$25) from April 2016 and up 5.4% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,513. That puts Rockaway Park $225 below the New York City citywide 1BR median of $1,700. The month's figures are based on 87 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2016 | Vs. May 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,125 | +$25 (+2.3%) | +$25 (+2.3%) | $1,100 – $1,200 | 14 |
| 1BR | $1,475 | −$25 (-1.7%) | +$75 (+5.4%) | $1,400 – $1,513 | 32 |
| 2BR | $1,995 | +$245 (+14.0%) | +$170 (+9.3%) | $1,700 – $2,400 | 13 |
| 3BR | $2,150 | −$175 (-7.5%) | +$353 (+19.6%) | $2,025 – $2,500 | 27 |
Median, P25, and P75 are asking rents from listings posted in May 2016. Changes compare against the nearest prior month with data.
Rockaway Park vs. New York City — May 2016
| Bedrooms | Rockaway Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,125 | $1,550 | −$425 (-27.4%) |
| 1BR | $1,475 | $1,700 | −$224 (-13.2%) |
| 2BR | $1,995 | $2,100 | −$105 (-5.0%) |
| 3BR | $2,150 | $2,500 | −$350 (-14.0%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in May 2016.