Monthly Rent Report
Wakefield Rent Report — July 2024
Asking rents in ZIP 10466, New York City, from 50 listings.
Median 1BR rent in Wakefield was $1,450 in July 2024, up 20.8% (+$250) from June 2024 and down 24.7% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,450. That puts Wakefield $1,050 below the New York City citywide 1BR median of $2,500. The month's figures are based on 50 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$784 (-35.1%) | −$784 (-35.1%) | $1,450 – $1,450 | 1 |
| Studio | $2,218 | −$16 (-0.7%) | −$16 (-0.7%) | $2,085 – $2,250 | 5 |
| 1BR | $1,450 | +$250 (+20.8%) | −$475 (-24.7%) | $1,450 – $1,450 | 1 |
| 1BR | $1,450 | +$250 (+20.8%) | −$475 (-24.7%) | $1,450 – $1,450 | 1 |
| 2BR | $1,800 | −$800 (-30.8%) | −$200 (-10.0%) | $1,800 – $1,800 | 1 |
| 2BR | $1,800 | −$800 (-30.8%) | −$200 (-10.0%) | $1,800 – $1,800 | 1 |
| 3BR | $3,464 | −$236 (-6.4%) | +$413 (+13.5%) | $3,042 – $3,603 | 27 |
| 3BR | $2,700 | −$1,000 (-27.0%) | −$351 (-11.5%) | $2,700 – $2,700 | 1 |
| 4BR | $4,070 | −$130 (-3.1%) | +$1,470 (+56.5%) | $3,488 – $4,135 | 3 |
| 4BR | $4,070 | −$130 (-3.1%) | +$1,470 (+56.5%) | $4,070 – $4,070 | 5 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Wakefield vs. New York City — July 2024
| Bedrooms | Wakefield Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $2,800 | −$1,350 (-48.2%) |
| Studio | $2,218 | $2,800 | −$582 (-20.8%) |
| 1BR | $1,450 | $2,500 | −$1,050 (-42.0%) |
| 1BR | $1,450 | $2,500 | −$1,050 (-42.0%) |
| 2BR | $1,800 | $3,000 | −$1,200 (-40.0%) |
| 2BR | $1,800 | $3,000 | −$1,200 (-40.0%) |
| 3BR | $3,464 | $3,606 | −$142 (-3.9%) |
| 3BR | $2,700 | $3,606 | −$906 (-25.1%) |
| 4BR | $4,070 | $4,500 | −$430 (-9.6%) |
| 4BR | $4,070 | $4,500 | −$430 (-9.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.