Monthly Rent Report
Springfield Gardens Rent Report — August 2016
Asking rents in ZIP 11413, New York City, from 51 listings.
Median 1BR rent in Springfield Gardens was $1,250 in August 2016, down 3.8% (−$50) from July 2016 and up 4.2% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,300. That puts Springfield Gardens $448 below the New York City citywide 1BR median of $1,698. The month's figures are based on 51 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2016 | Vs. August 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | +$300 (+37.5%) | — | $1,100 – $1,100 | 5 |
| 1BR | $1,250 | −$50 (-3.8%) | +$50 (+4.2%) | $1,200 – $1,300 | 12 |
| 2BR | $1,700 | +$150 (+9.7%) | +$100 (+6.3%) | $1,400 – $1,800 | 11 |
| 3BR | $2,500 | +$600 (+31.6%) | +$500 (+25.0%) | $2,500 – $3,000 | 21 |
| 4BR | $2,600 | −$400 (-13.3%) | +$350 (+15.6%) | $2,600 – $2,600 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2016. Changes compare against the nearest prior month with data.
Springfield Gardens vs. New York City — August 2016
| Bedrooms | Springfield Gardens Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,638 | −$537 (-32.8%) |
| 1BR | $1,250 | $1,698 | −$447 (-26.4%) |
| 2BR | $1,700 | $2,100 | −$400 (-19.0%) |
| 3BR | $2,500 | $2,599 | −$99 (-3.8%) |
| 4BR | $2,600 | $3,200 | −$600 (-18.8%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in August 2016.