Monthly Rent Report
South Ozone Park Rent Report — May 2024
Asking rents in ZIP 11420, New York City, from 82 listings.
Median 1BR rent in South Ozone Park was $1,200 in May 2024, down 40.0% (−$800) from April 2024 and down 45.5% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts South Ozone Park $1,225 below the New York City citywide 1BR median of $2,425. The month's figures are based on 82 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,700 | — | +$300 (+12.5%) | $2,700 – $2,700 | 1 |
| Studio | $2,200 | — | −$200 (-8.3%) | $2,200 – $2,700 | 14 |
| 1BR | $1,200 | −$800 (-40.0%) | −$1,000 (-45.5%) | $1,200 – $1,200 | 1 |
| 1BR | $1,450 | −$550 (-27.5%) | −$750 (-34.1%) | $1,450 – $1,450 | 2 |
| 1BR | $1,925 | −$75 (-3.8%) | −$275 (-12.5%) | $1,740 – $2,163 | 8 |
| 1BR | $1,750 | −$250 (-12.5%) | −$450 (-20.5%) | $1,750 – $1,750 | 1 |
| 2BR | $2,500 | +$50 (+2.0%) | +$200 (+8.7%) | $2,500 – $2,500 | 9 |
| 2BR | $2,500 | +$50 (+2.0%) | +$200 (+8.7%) | $2,350 – $2,500 | 3 |
| 2BR | $2,250 | −$200 (-8.2%) | −$50 (-2.2%) | $2,125 – $2,375 | 2 |
| 2BR | $2,000 | −$450 (-18.4%) | −$300 (-13.0%) | $2,000 – $2,000 | 2 |
| 3BR | $3,000 | $0 (0.0%) | +$400 (+15.4%) | $3,000 – $3,371 | 6 |
| 3BR | $3,495 | +$495 (+16.5%) | +$895 (+34.4%) | $3,050 – $3,600 | 23 |
| 3BR | $3,100 | +$100 (+3.3%) | +$500 (+19.2%) | $3,100 – $3,100 | 1 |
| 3BR | $3,777 | +$777 (+25.9%) | +$1,177 (+45.3%) | $3,439 – $4,289 | 3 |
| 4BR | $3,400 | −$350 (-9.3%) | −$600 (-15.0%) | $3,400 – $3,575 | 3 |
| 4BR | $3,750 | $0 (0.0%) | −$250 (-6.3%) | $3,750 – $3,750 | 1 |
| 4BR | $3,400 | −$350 (-9.3%) | −$600 (-15.0%) | $3,400 – $3,400 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
South Ozone Park vs. New York City — May 2024
| Bedrooms | South Ozone Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,700 | $2,350 | +$350 (+14.9%) |
| Studio | $2,200 | $2,350 | −$150 (-6.4%) |
| 1BR | $1,200 | $2,425 | −$1,225 (-50.5%) |
| 1BR | $1,450 | $2,425 | −$975 (-40.2%) |
| 1BR | $1,925 | $2,425 | −$500 (-20.6%) |
| 1BR | $1,750 | $2,425 | −$675 (-27.8%) |
| 2BR | $2,500 | $2,914 | −$413 (-14.2%) |
| 2BR | $2,500 | $2,914 | −$413 (-14.2%) |
| 2BR | $2,250 | $2,914 | −$663 (-22.8%) |
| 2BR | $2,000 | $2,914 | −$913 (-31.4%) |
| 3BR | $3,000 | $3,600 | −$600 (-16.7%) |
| 3BR | $3,495 | $3,600 | −$105 (-2.9%) |
| 3BR | $3,100 | $3,600 | −$500 (-13.9%) |
| 3BR | $3,777 | $3,600 | +$177 (+4.9%) |
| 4BR | $3,400 | $4,250 | −$850 (-20.0%) |
| 4BR | $3,750 | $4,250 | −$500 (-11.8%) |
| 4BR | $3,400 | $4,250 | −$850 (-20.0%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.