Monthly Rent Report

Springfield Gardens Rent Report — February 2016

Asking rents in ZIP 11413, New York City, from 45 listings.

Median 1BR rent in Springfield Gardens was $1,200 in February 2016, flat versus January 2016 and up 9.1% year-over-year. The middle half of 1BR listings asked between $700 and $1,275. That puts Springfield Gardens $450 below the New York City citywide 1BR median of $1,650. The month's figures are based on 45 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2016Vs. February 2015P25–P75 RangeListings
Studio$2,925−$275 (-8.6%)$2,788 – $3,0632
1BR$1,200$0 (0.0%)+$100 (+9.1%)$700 – $1,27510
2BR$1,700$0 (0.0%)+$300 (+21.4%)$1,663 – $1,7508
3BR$2,000−$200 (-9.1%)+$250 (+14.3%)$1,800 – $2,12519
4BR$2,300$0 (0.0%)+$350 (+17.9%)$1,550 – $2,3005

Median, P25, and P75 are asking rents from listings posted in February 2016. Changes compare against the nearest prior month with data.

Springfield Gardens vs. New York CityFebruary 2016

BedroomsSpringfield Gardens MedianNYC Citywide MedianDifference
Studio$2,925$1,575+$1,350 (+85.7%)
1BR$1,200$1,650−$450 (-27.3%)
2BR$1,700$2,000−$300 (-15.0%)
3BR$2,000$2,450−$450 (-18.4%)
4BR$2,300$3,175−$875 (-27.6%)

Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in February 2016.

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