Monthly Rent Report
Springfield Gardens Rent Report — May 2016
Asking rents in ZIP 11413, New York City, from 103 listings.
Median 1BR rent in Springfield Gardens was $750 in May 2016, flat versus April 2016 and down 16.7% year-over-year. The middle half of 1BR listings asked between $700 and $775. That puts Springfield Gardens $950 below the New York City citywide 1BR median of $1,700. The month's figures are based on 103 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2016 | Vs. May 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,875 | +$775 (+70.5%) | — | $1,088 – $2,650 | 8 |
| 1BR | $750 | $0 (0.0%) | −$150 (-16.7%) | $700 – $775 | 7 |
| 2BR | $1,700 | $0 (0.0%) | +$200 (+13.3%) | $1,525 – $1,750 | 25 |
| 3BR | $2,000 | −$100 (-4.8%) | $0 (0.0%) | $1,900 – $2,250 | 58 |
| 4BR | $2,900 | $0 (0.0%) | +$700 (+31.8%) | $2,500 – $2,900 | 5 |
Median, P25, and P75 are asking rents from listings posted in May 2016. Changes compare against the nearest prior month with data.
Springfield Gardens vs. New York City — May 2016
| Bedrooms | Springfield Gardens Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,875 | $1,550 | +$325 (+21.0%) |
| 1BR | $750 | $1,700 | −$949 (-55.9%) |
| 2BR | $1,700 | $2,100 | −$400 (-19.0%) |
| 3BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 4BR | $2,900 | $3,325 | −$425 (-12.8%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in May 2016.