Monthly Rent Report
South Ozone Park Rent Report — May 2023
Asking rents in ZIP 11420, New York City, from 44 listings.
Median 1BR rent in South Ozone Park was $2,200 in May 2023, up 17.3% (+$325) from April 2023 and up 17.4% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts South Ozone Park $277 below the New York City citywide 1BR median of $2,477. The month's figures are based on 44 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,400 | +$100 (+4.3%) | +$1,050 (+77.8%) | $2,300 – $3,200 | 3 |
| Studio | $2,200 | −$100 (-4.3%) | +$850 (+63.0%) | $2,150 – $3,200 | 11 |
| 1BR | $2,200 | +$325 (+17.3%) | +$326 (+17.4%) | $2,200 – $2,200 | 1 |
| 1BR | $1,400 | −$475 (-25.3%) | −$474 (-25.3%) | $1,400 – $1,400 | 1 |
| 2BR | $2,300 | $0 (0.0%) | +$100 (+4.5%) | $2,250 – $2,300 | 3 |
| 2BR | $2,100 | −$200 (-8.7%) | −$100 (-4.5%) | $2,100 – $2,100 | 1 |
| 2BR | $2,300 | $0 (0.0%) | +$100 (+4.5%) | $2,100 – $2,300 | 9 |
| 2BR | $2,300 | $0 (0.0%) | +$100 (+4.5%) | $2,225 – $2,325 | 4 |
| 3BR | $3,200 | $0 (0.0%) | +$600 (+23.1%) | $3,200 – $3,200 | 1 |
| 3BR | $3,000 | −$200 (-6.3%) | +$400 (+15.4%) | $2,825 – $3,193 | 3 |
| 3BR | $3,500 | +$300 (+9.4%) | +$900 (+34.6%) | $3,500 – $3,500 | 1 |
| 3BR | $2,600 | −$600 (-18.8%) | $0 (0.0%) | $2,600 – $2,600 | 1 |
| 4BR | $4,000 | +$500 (+14.3%) | — | $4,000 – $4,000 | 3 |
| 4BR | $4,000 | +$500 (+14.3%) | — | $4,000 – $4,000 | 1 |
| 4BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
South Ozone Park vs. New York City — May 2023
| Bedrooms | South Ozone Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,400 | $2,450 | −$50 (-2.0%) |
| Studio | $2,200 | $2,450 | −$250 (-10.2%) |
| 1BR | $2,200 | $2,477 | −$277 (-11.2%) |
| 1BR | $1,400 | $2,477 | −$1,077 (-43.5%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 2BR | $2,100 | $2,800 | −$700 (-25.0%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 3BR | $3,200 | $3,225 | −$25 (-0.8%) |
| 3BR | $3,000 | $3,225 | −$225 (-7.0%) |
| 3BR | $3,500 | $3,225 | +$275 (+8.5%) |
| 3BR | $2,600 | $3,225 | −$625 (-19.4%) |
| 4BR | $4,000 | $4,000 | $0 (0.0%) |
| 4BR | $4,000 | $4,000 | $0 (0.0%) |
| 4BR | $3,500 | $4,000 | −$500 (-12.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.