Monthly Rent Report
South Ozone Park Rent Report — March 2024
Asking rents in ZIP 11420, New York City, from 60 listings.
Median 1BR rent in South Ozone Park was $1,550 in March 2024, up 14.8% (+$200) from February 2024 and down 20.5% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,800. That puts South Ozone Park $949 below the New York City citywide 1BR median of $2,499. The month's figures are based on 60 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | — | — | $1,400 – $1,400 | 2 |
| Studio | $1,400 | — | — | $1,400 – $1,400 | 1 |
| 1BR | $1,550 | +$200 (+14.8%) | −$400 (-20.5%) | $1,300 – $1,800 | 4 |
| 1BR | $1,800 | +$450 (+33.3%) | −$150 (-7.7%) | $1,800 – $1,800 | 5 |
| 1BR | $2,200 | +$850 (+63.0%) | +$250 (+12.8%) | $2,000 – $2,200 | 3 |
| 2BR | $2,400 | −$100 (-4.0%) | +$500 (+26.3%) | $2,350 – $2,450 | 2 |
| 2BR | $2,500 | $0 (0.0%) | +$600 (+31.6%) | $2,300 – $2,750 | 14 |
| 2BR | $2,850 | +$350 (+14.0%) | +$950 (+50.0%) | $2,850 – $2,850 | 1 |
| 3BR | $3,100 | $0 (0.0%) | +$600 (+24.0%) | $2,900 – $3,700 | 11 |
| 3BR | $3,400 | +$300 (+9.7%) | +$900 (+36.0%) | $3,400 – $3,400 | 1 |
| 3BR | $3,000 | −$100 (-3.2%) | +$500 (+20.0%) | $3,000 – $3,250 | 16 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
South Ozone Park vs. New York City — March 2024
| Bedrooms | South Ozone Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $2,450 | −$1,050 (-42.9%) |
| Studio | $1,400 | $2,450 | −$1,050 (-42.9%) |
| 1BR | $1,550 | $2,499 | −$949 (-38.0%) |
| 1BR | $1,800 | $2,499 | −$699 (-28.0%) |
| 1BR | $2,200 | $2,499 | −$299 (-12.0%) |
| 2BR | $2,400 | $2,995 | −$594 (-19.9%) |
| 2BR | $2,500 | $2,995 | −$494 (-16.5%) |
| 2BR | $2,850 | $2,995 | −$144 (-4.8%) |
| 3BR | $3,100 | $3,500 | −$400 (-11.4%) |
| 3BR | $3,400 | $3,500 | −$100 (-2.9%) |
| 3BR | $3,000 | $3,500 | −$500 (-14.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.