Monthly Rent Report
Wakefield Rent Report — October 2023
Asking rents in ZIP 10466, New York City, from 175 listings.
Median 1BR rent in Wakefield was $1,750 in October 2023, down 20.5% (−$450) from September 2023 and down 2.8% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,800. That puts Wakefield $700 below the New York City citywide 1BR median of $2,450. The month's figures are based on 175 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | −$1,914 (-59.6%) | — | $1,300 – $1,300 | 1 |
| Studio | $2,234 | −$980 (-30.5%) | — | $2,218 – $2,250 | 10 |
| 1BR | $1,750 | −$450 (-20.5%) | −$50 (-2.8%) | $1,700 – $1,800 | 5 |
| 1BR | $2,900 | +$700 (+31.8%) | +$1,100 (+61.1%) | $2,900 – $2,900 | 1 |
| 2BR | $2,450 | +$200 (+8.9%) | +$100 (+4.3%) | $2,450 – $2,450 | 1 |
| 2BR | $2,600 | +$350 (+15.6%) | +$250 (+10.6%) | $2,600 – $2,600 | 7 |
| 3BR | $3,150 | −$50 (-1.6%) | +$250 (+8.6%) | $2,900 – $3,223 | 128 |
| 3BR | $3,200 | $0 (0.0%) | +$300 (+10.3%) | $3,200 – $3,200 | 1 |
| 4BR | $850 | +$50 (+6.3%) | −$2,050 (-70.7%) | $850 – $850 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Wakefield vs. New York City — October 2023
| Bedrooms | Wakefield Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $2,411 | −$1,110 (-46.1%) |
| Studio | $2,234 | $2,411 | −$176 (-7.3%) |
| 1BR | $1,750 | $2,450 | −$700 (-28.6%) |
| 1BR | $2,900 | $2,450 | +$450 (+18.4%) |
| 2BR | $2,450 | $2,900 | −$450 (-15.5%) |
| 2BR | $2,600 | $2,900 | −$300 (-10.3%) |
| 3BR | $3,150 | $3,349 | −$199 (-5.9%) |
| 3BR | $3,200 | $3,349 | −$149 (-4.4%) |
| 4BR | $850 | $4,200 | −$3,350 (-79.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.