Monthly Rent Report
Wakefield Rent Report — August 2024
Asking rents in ZIP 10466, New York City, from 24 listings.
Median 1BR rent in Wakefield was $1,000 in August 2024, down 31.0% (−$450) from July 2024 and down 24.5% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts Wakefield $1,390 below the New York City citywide 1BR median of $2,390. The month's figures are based on 24 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | +$1,050 (+72.4%) | +$900 (+56.3%) | $2,125 – $2,562 | 3 |
| 1BR | $1,000 | −$450 (-31.0%) | −$325 (-24.5%) | $1,000 – $1,000 | 1 |
| 2BR | $2,555 | +$755 (+41.9%) | −$545 (-17.6%) | $2,555 – $2,650 | 5 |
| 2BR | $2,555 | +$755 (+41.9%) | −$545 (-17.6%) | $2,555 – $2,555 | 1 |
| 3BR | $3,200 | −$264 (-7.6%) | +$116 (+3.8%) | $3,200 – $3,200 | 1 |
| 3BR | $3,606 | +$142 (+4.1%) | +$522 (+16.9%) | $3,606 – $3,606 | 1 |
| 4BR | $4,070 | $0 (0.0%) | +$570 (+16.3%) | $3,935 – $4,070 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Wakefield vs. New York City — August 2024
| Bedrooms | Wakefield Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $2,500 | $0 (0.0%) |
| 1BR | $1,000 | $2,390 | −$1,390 (-58.2%) |
| 2BR | $2,555 | $2,900 | −$345 (-11.9%) |
| 2BR | $2,555 | $2,900 | −$345 (-11.9%) |
| 3BR | $3,200 | $3,603 | −$403 (-11.2%) |
| 3BR | $3,606 | $3,603 | +$3 (+0.1%) |
| 4BR | $4,070 | $4,225 | −$155 (-3.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.