Monthly Rent Report
Springfield Gardens Rent Report — April 2016
Asking rents in ZIP 11413, New York City, from 61 listings.
Median 1BR rent in Springfield Gardens was $750 in April 2016, down 40.0% (−$500) from March 2016 and down 16.7% year-over-year. The middle half of 1BR listings asked between $750 and $750. That puts Springfield Gardens $925 below the New York City citywide 1BR median of $1,675. The month's figures are based on 61 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2016 | Vs. April 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | −$1,550 (-58.5%) | −$1,750 (-61.4%) | $1,100 – $1,488 | 8 |
| 1BR | $750 | −$500 (-40.0%) | −$150 (-16.7%) | $750 – $750 | 5 |
| 2BR | $1,700 | +$150 (+9.7%) | −$175 (-9.3%) | $1,581 – $1,800 | 12 |
| 3BR | $2,100 | +$25 (+1.2%) | +$300 (+16.7%) | $1,900 – $2,400 | 35 |
| 4BR | $2,900 | +$550 (+23.4%) | +$700 (+31.8%) | $2,900 – $2,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2016. Changes compare against the nearest prior month with data.
Springfield Gardens vs. New York City — April 2016
| Bedrooms | Springfield Gardens Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,600 | −$500 (-31.3%) |
| 1BR | $750 | $1,675 | −$925 (-55.2%) |
| 2BR | $1,700 | $2,100 | −$400 (-19.0%) |
| 3BR | $2,100 | $2,500 | −$400 (-16.0%) |
| 4BR | $2,900 | $3,299 | −$399 (-12.1%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in April 2016.