Monthly Rent Report
Wakefield Rent Report — December 2023
Asking rents in ZIP 10466, New York City, from 58 listings.
Median 1BR rent in Wakefield was $1,950 in December 2023, up 8.3% (+$150) from November 2023 and up 18.2% year-over-year. The middle half of 1BR listings asked between $1,950 and $1,950. That puts Wakefield $450 below the New York City citywide 1BR median of $2,400. The month's figures are based on 58 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$700 (-31.8%) | +$300 (+25.0%) | $1,400 – $1,537 | 5 |
| Studio | $1,500 | −$700 (-31.8%) | +$300 (+25.0%) | $1,400 – $1,537 | 9 |
| 1BR | $1,950 | +$150 (+8.3%) | +$300 (+18.2%) | $1,950 – $1,950 | 1 |
| 1BR | $1,950 | +$150 (+8.3%) | +$300 (+18.2%) | $1,950 – $1,950 | 1 |
| 2BR | $3,100 | −$285 (-8.4%) | +$850 (+37.8%) | $2,450 – $3,100 | 3 |
| 2BR | $3,100 | −$285 (-8.4%) | +$850 (+37.8%) | $2,450 – $3,100 | 3 |
| 3BR | $3,200 | +$200 (+6.7%) | +$91 (+2.9%) | $3,000 – $3,200 | 11 |
| 3BR | $3,200 | +$200 (+6.7%) | +$91 (+2.9%) | $3,200 – $3,200 | 2 |
| 4BR | $3,500 | +$200 (+6.1%) | +$503 (+16.8%) | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | +$200 (+6.1%) | +$503 (+16.8%) | $3,500 – $3,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Wakefield vs. New York City — December 2023
| Bedrooms | Wakefield Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $2,362 | −$862 (-36.5%) |
| Studio | $1,500 | $2,362 | −$862 (-36.5%) |
| 1BR | $1,950 | $2,400 | −$450 (-18.8%) |
| 1BR | $1,950 | $2,400 | −$450 (-18.8%) |
| 2BR | $3,100 | $2,900 | +$200 (+6.9%) |
| 2BR | $3,100 | $2,900 | +$200 (+6.9%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 4BR | $3,500 | $4,070 | −$570 (-14.0%) |
| 4BR | $3,500 | $4,070 | −$570 (-14.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.