Monthly Rent Report
Wakefield Rent Report — July 2023
Asking rents in ZIP 10466, New York City, from 41 listings.
Median 1BR rent in Wakefield was $2,250 in July 2023, up 25.0% (+$450) from June 2023 and up 38.5% year-over-year. The middle half of 1BR listings asked between $1,875 and $2,250. That puts Wakefield $200 below the New York City citywide 1BR median of $2,450. The month's figures are based on 41 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,234 | +$904 (+68.0%) | +$984 (+78.7%) | $2,226 – $2,242 | 2 |
| Studio | $2,234 | +$904 (+68.0%) | +$984 (+78.7%) | $2,218 – $2,250 | 4 |
| 1BR | $2,250 | +$450 (+25.0%) | +$625 (+38.5%) | $1,875 – $2,250 | 3 |
| 1BR | $1,925 | +$125 (+6.9%) | +$300 (+18.5%) | $1,763 – $2,088 | 2 |
| 2BR | $2,250 | −$138 (-5.8%) | −$250 (-10.0%) | $2,150 – $2,375 | 4 |
| 2BR | $2,000 | −$388 (-16.2%) | −$500 (-20.0%) | $2,000 – $2,000 | 1 |
| 3BR | $2,900 | −$200 (-6.5%) | +$900 (+45.0%) | $2,900 – $2,900 | 1 |
| 3BR | $3,052 | −$48 (-1.6%) | +$1,052 (+52.6%) | $2,863 – $3,279 | 10 |
| 4BR | $2,600 | −$100 (-3.7%) | −$200 (-7.1%) | $2,600 – $3,125 | 6 |
| 4BR | $2,600 | −$100 (-3.7%) | −$200 (-7.1%) | $2,600 – $2,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Wakefield vs. New York City — July 2023
| Bedrooms | Wakefield Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,234 | $2,498 | −$263 (-10.6%) |
| Studio | $2,234 | $2,498 | −$263 (-10.6%) |
| 1BR | $2,250 | $2,450 | −$200 (-8.2%) |
| 1BR | $1,925 | $2,450 | −$525 (-21.4%) |
| 2BR | $2,250 | $2,800 | −$550 (-19.6%) |
| 2BR | $2,000 | $2,800 | −$800 (-28.6%) |
| 3BR | $2,900 | $3,400 | −$500 (-14.7%) |
| 3BR | $3,052 | $3,400 | −$348 (-10.2%) |
| 4BR | $2,600 | $4,200 | −$1,600 (-38.1%) |
| 4BR | $2,600 | $4,200 | −$1,600 (-38.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.