Jul. 26, 2023 By Julia Moro
Real estate platform Zumper released a report analyzing staggering rental prices that continue to break records, finding huge disparities between rents across 81 neighborhoods in the city.
Throughout the city, the median rent for a one-bedroom is $3,980– which is more than twice the national median. According to Zumper, the most expensive neighborhood is NoMad, where residents can expect to pay more than $6,000.
However, Zumper observed that neighborhoods farther from Manhattan were cheaper. One-bedroom apartments cost approximately $2,000 in neighborhoods like Flushing, Jamaica, Pelham Bay, Bay Ridge and Bensonhurst.
Though prices have risen dramatically, Zumper found that prices are slowing.
Zumper provided an extensive list of average rental prices for neighborhoods throughout the city. Here are the average rental prices for a one-bedroom in Q2 in Queens:
Ridgewood: $2,700
Astoria: $2,547
Forest Hills: $2,180
Jackson Heights: $2,173
Elmhurst: $2,160
Rego Park: $2,147
Far Rockaway: $2,073
Glendale: $2,073
Kew Gardens: $2,040
Bayside: $2,037
Woodside: $2,023
Corona: $2,003
Jamaica: $1,997
Auburndale: $1,985
Flushing: $1,930
Kew Gardens Hills: $1,923
Briarwood: $1,887
Maspeth: $1,837
Queens Village: $1,813
South Ozone Park: $1,750
To see the full report, visit zumper.com/blog/rental-price-data.