Monthly Rent Report
Wakefield Rent Report — May 2024
Asking rents in ZIP 10466, New York City, from 203 listings.
Median 1BR rent in Wakefield was $2,125 in May 2024, down 15.0% (−$375) from April 2024 and up 32.8% year-over-year. The middle half of 1BR listings asked between $1,700 and $2,250. That puts Wakefield $300 below the New York City citywide 1BR median of $2,425. The month's figures are based on 203 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | −$27 (-1.5%) | +$400 (+27.6%) | $1,537 – $2,226 | 16 |
| Studio | $1,361 | −$516 (-27.5%) | −$89 (-6.1%) | $1,361 – $1,606 | 3 |
| 1BR | $2,125 | −$375 (-15.0%) | +$525 (+32.8%) | $1,700 – $2,250 | 29 |
| 1BR | $1,600 | −$900 (-36.0%) | $0 (0.0%) | $1,600 – $1,600 | 1 |
| 2BR | $2,600 | $0 (0.0%) | +$750 (+40.5%) | $2,474 – $2,845 | 44 |
| 2BR | $2,900 | +$300 (+11.5%) | +$1,050 (+56.8%) | $2,900 – $2,900 | 3 |
| 3BR | $3,603 | +$389 (+12.1%) | +$591 (+19.6%) | $3,602 – $3,605 | 2 |
| 3BR | $3,464 | +$250 (+7.8%) | +$452 (+15.0%) | $3,000 – $3,606 | 91 |
| 4BR | $2,905 | −$395 (-12.0%) | +$205 (+7.6%) | $2,905 – $3,453 | 3 |
| 4BR | $2,905 | −$395 (-12.0%) | +$205 (+7.6%) | $2,905 – $3,453 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Wakefield vs. New York City — May 2024
| Bedrooms | Wakefield Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $2,350 | −$500 (-21.3%) |
| Studio | $1,361 | $2,350 | −$989 (-42.1%) |
| 1BR | $2,125 | $2,425 | −$300 (-12.4%) |
| 1BR | $1,600 | $2,425 | −$825 (-34.0%) |
| 2BR | $2,600 | $2,914 | −$313 (-10.8%) |
| 2BR | $2,900 | $2,914 | −$13 (-0.5%) |
| 3BR | $3,603 | $3,600 | +$3 (+0.1%) |
| 3BR | $3,464 | $3,600 | −$136 (-3.8%) |
| 4BR | $2,905 | $4,250 | −$1,345 (-31.6%) |
| 4BR | $2,905 | $4,250 | −$1,345 (-31.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.