Monthly Rent Report
Soundview Rent Report — May 2023
Asking rents in ZIP 10472, New York City, from 84 listings.
Median 1BR rent in Soundview was $2,387 in May 2023, up 49.4% (+$790) from April 2023 and up 44.7% year-over-year. The middle half of 1BR listings asked between $2,387 and $2,387. That puts Soundview $90 below the New York City citywide 1BR median of $2,477. The month's figures are based on 84 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | −$100 (-6.7%) | −$1,250 (-47.2%) | $1,400 – $1,400 | 4 |
| Studio | $1,400 | −$100 (-6.7%) | −$1,250 (-47.2%) | $1,400 – $1,400 | 1 |
| 1BR | $2,387 | +$790 (+49.4%) | +$737 (+44.7%) | $2,387 – $2,387 | 1 |
| 1BR | $1,755 | +$157 (+9.8%) | +$105 (+6.3%) | $1,725 – $1,863 | 12 |
| 2BR | $2,500 | +$500 (+25.0%) | −$47 (-1.8%) | $2,199 – $2,625 | 16 |
| 2BR | $2,000 | $0 (0.0%) | −$547 (-21.5%) | $2,000 – $2,000 | 1 |
| 3BR | $3,084 | −$16 (-0.5%) | +$684 (+28.5%) | $2,999 – $3,100 | 5 |
| 3BR | $3,100 | $0 (0.0%) | +$700 (+29.2%) | $3,000 – $3,214 | 35 |
| 4BR | $3,446 | $0 (0.0%) | +$1,196 (+53.2%) | $3,446 – $3,447 | 4 |
| 4BR | $3,446 | $0 (0.0%) | +$1,196 (+53.2%) | $3,446 – $3,446 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Soundview vs. New York City — May 2023
| Bedrooms | Soundview Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $2,450 | −$1,050 (-42.9%) |
| Studio | $1,400 | $2,450 | −$1,050 (-42.9%) |
| 1BR | $2,387 | $2,477 | −$90 (-3.6%) |
| 1BR | $1,755 | $2,477 | −$723 (-29.2%) |
| 2BR | $2,500 | $2,800 | −$300 (-10.7%) |
| 2BR | $2,000 | $2,800 | −$800 (-28.6%) |
| 3BR | $3,084 | $3,225 | −$141 (-4.4%) |
| 3BR | $3,100 | $3,225 | −$125 (-3.9%) |
| 4BR | $3,446 | $4,000 | −$554 (-13.9%) |
| 4BR | $3,446 | $4,000 | −$554 (-13.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.