Monthly Rent Report
Wakefield Rent Report — March 2023
Asking rents in ZIP 10466, New York City, from 226 listings.
Median 1BR rent in Wakefield was $1,700 in March 2023, flat versus February 2023 and down 8.1% year-over-year. The middle half of 1BR listings asked between $1,600 and $2,000. That puts Wakefield $599 below the New York City citywide 1BR median of $2,299. The month's figures are based on 226 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,859 | +$363 (+24.2%) | +$11 (+0.6%) | $1,500 – $2,226 | 16 |
| Studio | $1,859 | +$363 (+24.2%) | +$11 (+0.6%) | $1,500 – $2,226 | 12 |
| 1BR | $1,700 | $0 (0.0%) | −$150 (-8.1%) | $1,600 – $2,000 | 41 |
| 1BR | $1,736 | +$36 (+2.1%) | −$114 (-6.2%) | $1,736 – $1,736 | 1 |
| 2BR | $2,388 | +$438 (+22.5%) | +$363 (+17.9%) | $2,138 – $2,500 | 35 |
| 2BR | $2,200 | +$250 (+12.8%) | +$175 (+8.6%) | $2,100 – $2,500 | 17 |
| 3BR | $3,000 | −$214 (-6.7%) | +$195 (+6.9%) | $2,800 – $3,100 | 78 |
| 3BR | $2,900 | −$314 (-9.8%) | +$95 (+3.4%) | $2,900 – $2,900 | 1 |
| 4BR | $4,600 | +$1,600 (+53.3%) | — | $3,735 – $4,600 | 3 |
| 4BR | $2,870 | −$130 (-4.3%) | — | $2,870 – $4,600 | 5 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Wakefield vs. New York City — March 2023
| Bedrooms | Wakefield Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,859 | $2,200 | −$341 (-15.5%) |
| Studio | $1,859 | $2,200 | −$341 (-15.5%) |
| 1BR | $1,700 | $2,299 | −$599 (-26.1%) |
| 1BR | $1,736 | $2,299 | −$563 (-24.5%) |
| 2BR | $2,388 | $2,650 | −$262 (-9.9%) |
| 2BR | $2,200 | $2,650 | −$450 (-17.0%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 3BR | $2,900 | $3,200 | −$300 (-9.4%) |
| 4BR | $4,600 | $3,995 | +$605 (+15.1%) |
| 4BR | $2,870 | $3,995 | −$1,125 (-28.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.