Monthly Rent Report
Wakefield Rent Report — May 2025
Asking rents in ZIP 10466, New York City, from 16 listings.
Median 1BR rent in Wakefield was $2,217 in May 2025, up 26.4% (+$463) from April 2025 and up 38.6% year-over-year. The middle half of 1BR listings asked between $1,838 and $2,509. That puts Wakefield $624 below the New York City citywide 1BR median of $2,841. The month's figures are based on 16 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | −$685 (-32.9%) | −$450 (-24.3%) | $1,400 – $1,400 | 1 |
| 1BR | $2,217 | +$463 (+26.4%) | +$617 (+38.6%) | $1,838 – $2,509 | 4 |
| 2BR | $3,145 | +$1,145 (+57.3%) | +$545 (+21.0%) | $3,145 – $3,145 | 3 |
| 2BR | $2,885 | +$885 (+44.3%) | +$285 (+11.0%) | $2,885 – $2,885 | 1 |
| 3BR | $3,464 | −$313 (-8.3%) | −$139 (-3.9%) | $3,464 – $3,464 | 1 |
| 4BR | $3,200 | −$700 (-17.9%) | +$295 (+10.2%) | $3,200 – $3,200 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Wakefield vs. New York City — May 2025
| Bedrooms | Wakefield Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $2,799 | −$1,399 (-50.0%) |
| 1BR | $2,217 | $2,841 | −$624 (-22.0%) |
| 2BR | $3,145 | $3,263 | −$117 (-3.6%) |
| 2BR | $2,885 | $3,263 | −$377 (-11.6%) |
| 3BR | $3,464 | $3,777 | −$313 (-8.3%) |
| 4BR | $3,200 | $4,345 | −$1,145 (-26.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.