Monthly Rent Report
South Ozone Park Rent Report — August 2023
Asking rents in ZIP 11420, New York City, from 71 listings.
Median 1BR rent in South Ozone Park was $1,525 in August 2023, down 19.7% (−$375) from July 2023 and down 10.3% year-over-year. The middle half of 1BR listings asked between $1,375 and $1,800. That puts South Ozone Park $825 below the New York City citywide 1BR median of $2,350. The month's figures are based on 71 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,150 | — | — | $1,925 – $2,200 | 8 |
| Studio | $2,200 | — | — | $2,200 – $2,200 | 1 |
| 1BR | $1,525 | −$375 (-19.7%) | −$175 (-10.3%) | $1,375 – $1,800 | 8 |
| 1BR | $1,650 | −$250 (-13.2%) | −$50 (-2.9%) | $1,650 – $1,650 | 1 |
| 1BR | $1,400 | −$500 (-26.3%) | −$300 (-17.6%) | $1,400 – $2,075 | 6 |
| 2BR | $2,200 | −$500 (-18.5%) | +$100 (+4.8%) | $2,200 – $2,425 | 6 |
| 2BR | $2,500 | −$200 (-7.4%) | +$400 (+19.0%) | $2,350 – $2,600 | 3 |
| 2BR | $2,125 | −$575 (-21.3%) | +$25 (+1.2%) | $2,113 – $2,138 | 2 |
| 3BR | $2,850 | −$150 (-5.0%) | +$400 (+16.3%) | $2,500 – $3,000 | 15 |
| 3BR | $3,200 | +$200 (+6.7%) | +$750 (+30.6%) | $3,200 – $3,225 | 3 |
| 3BR | $2,850 | −$150 (-5.0%) | +$400 (+16.3%) | $2,500 – $3,000 | 11 |
| 3BR | $2,400 | −$600 (-20.0%) | −$50 (-2.0%) | $2,400 – $2,400 | 1 |
| 4BR | $3,000 | −$1,000 (-25.0%) | — | $3,000 – $3,000 | 2 |
| 4BR | $4,000 | $0 (0.0%) | — | $3,500 – $4,000 | 3 |
| 4BR | $4,000 | $0 (0.0%) | — | $4,000 – $4,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
South Ozone Park vs. New York City — August 2023
| Bedrooms | South Ozone Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,150 | $2,490 | −$340 (-13.7%) |
| Studio | $2,200 | $2,490 | −$290 (-11.6%) |
| 1BR | $1,525 | $2,350 | −$825 (-35.1%) |
| 1BR | $1,650 | $2,350 | −$700 (-29.8%) |
| 1BR | $1,400 | $2,350 | −$950 (-40.4%) |
| 2BR | $2,200 | $2,859 | −$659 (-23.1%) |
| 2BR | $2,500 | $2,859 | −$359 (-12.6%) |
| 2BR | $2,125 | $2,859 | −$734 (-25.7%) |
| 3BR | $2,850 | $3,413 | −$562 (-16.5%) |
| 3BR | $3,200 | $3,413 | −$212 (-6.2%) |
| 3BR | $2,850 | $3,413 | −$562 (-16.5%) |
| 3BR | $2,400 | $3,413 | −$1,012 (-29.7%) |
| 4BR | $3,000 | $4,200 | −$1,200 (-28.6%) |
| 4BR | $4,000 | $4,200 | −$200 (-4.8%) |
| 4BR | $4,000 | $4,200 | −$200 (-4.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.