Monthly Rent Report

Springfield Gardens Rent Report — March 2016

Asking rents in ZIP 11413, New York City, from 88 listings.

Median 1BR rent in Springfield Gardens was $1,250 in March 2016, up 4.2% (+$50) from February 2016 and up 13.6% year-over-year. The middle half of 1BR listings asked between $713 and $1,400. That puts Springfield Gardens $400 below the New York City citywide 1BR median of $1,650. The month's figures are based on 88 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2016Vs. March 2015P25–P75 RangeListings
Studio$2,650−$275 (-9.4%)−$200 (-7.0%)$1,125 – $2,6507
1BR$1,250+$50 (+4.2%)+$150 (+13.6%)$713 – $1,40018
2BR$1,550−$150 (-8.8%)+$50 (+3.3%)$1,550 – $1,70017
3BR$2,075+$75 (+3.8%)+$275 (+15.3%)$1,800 – $2,21336
4BR$2,350+$50 (+2.2%)+$150 (+6.8%)$2,300 – $2,40010

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

Springfield Gardens vs. New York CityMarch 2016

BedroomsSpringfield Gardens MedianNYC Citywide MedianDifference
Studio$2,650$1,569+$1,081 (+68.9%)
1BR$1,250$1,650−$400 (-24.2%)
2BR$1,550$2,025−$475 (-23.5%)
3BR$2,075$2,500−$425 (-17.0%)
4BR$2,350$3,200−$850 (-26.6%)

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

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