Monthly Rent Report
Wakefield Rent Report — May 2023
Asking rents in ZIP 10466, New York City, from 141 listings.
Median 1BR rent in Wakefield was $1,750 in May 2023, up 6.1% (+$100) from April 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $1,600 and $1,850. That puts Wakefield $727 below the New York City citywide 1BR median of $2,477. The month's figures are based on 141 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | +$250 (+20.8%) | −$100 (-6.5%) | $1,325 – $1,475 | 3 |
| Studio | $1,450 | +$250 (+20.8%) | −$100 (-6.5%) | $1,325 – $1,475 | 3 |
| 1BR | $1,750 | +$100 (+6.1%) | $0 (0.0%) | $1,600 – $1,850 | 30 |
| 1BR | $1,600 | −$50 (-3.0%) | −$150 (-8.6%) | $1,548 – $1,688 | 7 |
| 2BR | $2,294 | −$6 (-0.3%) | −$106 (-4.4%) | $2,100 – $2,500 | 28 |
| 2BR | $1,850 | −$450 (-19.6%) | −$550 (-22.9%) | $1,850 – $1,850 | 1 |
| 3BR | $2,900 | −$153 (-5.0%) | −$100 (-3.3%) | $2,900 – $2,900 | 1 |
| 3BR | $3,013 | −$41 (-1.3%) | +$13 (+0.4%) | $2,839 – $3,200 | 48 |
| 4BR | $2,700 | −$225 (-7.7%) | −$800 (-22.9%) | $2,650 – $2,850 | 3 |
| 4BR | $2,800 | −$125 (-4.3%) | −$700 (-20.0%) | $2,700 – $2,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Wakefield vs. New York City — May 2023
| Bedrooms | Wakefield Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $2,450 | −$1,000 (-40.8%) |
| Studio | $1,450 | $2,450 | −$1,000 (-40.8%) |
| 1BR | $1,750 | $2,477 | −$727 (-29.4%) |
| 1BR | $1,600 | $2,477 | −$877 (-35.4%) |
| 2BR | $2,294 | $2,800 | −$506 (-18.1%) |
| 2BR | $1,850 | $2,800 | −$950 (-33.9%) |
| 3BR | $2,900 | $3,225 | −$325 (-10.1%) |
| 3BR | $3,013 | $3,225 | −$212 (-6.6%) |
| 4BR | $2,700 | $4,000 | −$1,300 (-32.5%) |
| 4BR | $2,800 | $4,000 | −$1,200 (-30.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.