Monthly Rent Report

Wakefield Rent Report — February 2023

Asking rents in ZIP 10466, New York City, from 230 listings.

Median 1BR rent in Wakefield was $1,700 in February 2023, down 1.4% (−$25) from January 2023 and up 41.7% year-over-year. The middle half of 1BR listings asked between $1,699 and $1,850. That puts Wakefield $500 below the New York City citywide 1BR median of $2,200. The month's figures are based on 230 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2023Vs. February 2022P25–P75 RangeListings
Studio$1,497+$97 (+6.9%)+$177 (+13.4%)$1,424 – $2,0386
Studio$1,497+$97 (+6.9%)+$177 (+13.4%)$1,424 – $2,0386
1BR$1,700−$25 (-1.4%)+$500 (+41.7%)$1,699 – $1,85021
1BR$1,850+$125 (+7.2%)+$650 (+54.2%)$1,850 – $1,8753
2BR$2,448+$249 (+11.3%)+$450 (+22.5%)$2,193 – $2,50028
2BR$1,950−$249 (-11.3%)−$48 (-2.4%)$1,950 – $1,9501
3BR$3,200+$400 (+14.3%)+$673 (+26.6%)$3,019 – $3,45095
3BR$3,214+$414 (+14.8%)+$687 (+27.2%)$3,019 – $3,50029
4BR$3,000−$300 (-9.1%)$3,000 – $3,0006
4BR$3,000−$300 (-9.1%)$3,000 – $3,0006

Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.

Wakefield vs. New York CityFebruary 2023

BedroomsWakefield MedianNYC Citywide MedianDifference
Studio$1,497$2,260−$763 (-33.8%)
Studio$1,497$2,260−$763 (-33.8%)
1BR$1,700$2,200−$499 (-22.7%)
1BR$1,850$2,200−$349 (-15.9%)
2BR$2,448$2,695−$247 (-9.2%)
2BR$1,950$2,695−$745 (-27.6%)
3BR$3,200$3,200$0 (0.0%)
3BR$3,214$3,200+$14 (+0.4%)
4BR$3,000$3,800−$800 (-21.1%)
4BR$3,000$3,800−$800 (-21.1%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.

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