Monthly Rent Report
Wakefield Rent Report — August 2023
Asking rents in ZIP 10466, New York City, from 52 listings.
Median 1BR rent in Wakefield was $1,325 in August 2023, down 41.1% (−$925) from July 2023 and down 22.1% year-over-year. The middle half of 1BR listings asked between $1,313 and $1,338. That puts Wakefield $1,025 below the New York City citywide 1BR median of $2,350. The month's figures are based on 52 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | −$634 (-28.4%) | — | $1,200 – $2,000 | 6 |
| Studio | $1,200 | −$1,034 (-46.3%) | — | $1,200 – $2,000 | 7 |
| 1BR | $1,325 | −$925 (-41.1%) | −$375 (-22.1%) | $1,313 – $1,338 | 2 |
| 1BR | $1,650 | −$600 (-26.7%) | −$50 (-2.9%) | $1,600 – $1,776 | 13 |
| 2BR | $2,415 | +$165 (+7.3%) | +$615 (+34.2%) | $2,415 – $2,415 | 1 |
| 2BR | $3,100 | +$850 (+37.8%) | +$1,300 (+72.2%) | $3,100 – $3,100 | 1 |
| 3BR | $3,084 | +$33 (+1.1%) | +$584 (+23.4%) | $3,084 – $3,084 | 1 |
| 3BR | $3,207 | +$156 (+5.1%) | +$707 (+28.3%) | $3,025 – $3,223 | 4 |
| 4BR | $3,500 | +$900 (+34.6%) | +$600 (+20.7%) | $3,500 – $4,400 | 5 |
| 4BR | $3,950 | +$1,350 (+51.9%) | +$1,050 (+36.2%) | $3,500 – $4,400 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Wakefield vs. New York City — August 2023
| Bedrooms | Wakefield Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $2,490 | −$890 (-35.7%) |
| Studio | $1,200 | $2,490 | −$1,290 (-51.8%) |
| 1BR | $1,325 | $2,350 | −$1,025 (-43.6%) |
| 1BR | $1,650 | $2,350 | −$700 (-29.8%) |
| 2BR | $2,415 | $2,859 | −$444 (-15.5%) |
| 2BR | $3,100 | $2,859 | +$241 (+8.4%) |
| 3BR | $3,084 | $3,413 | −$328 (-9.6%) |
| 3BR | $3,207 | $3,413 | −$205 (-6.0%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
| 4BR | $3,950 | $4,200 | −$250 (-6.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.