6919 De Costa Ave
6919 De Costa Ave,
Arverne, NY 11692
1 Bed | $1,750
Rental Market Trends in Far Rockaway, NY
What is the average rent in Far Rockaway, NY?
$1,827/month
Average Rent
624 Sq Ft
Average Apartment Size
+6.7%
Increase in the Last Year
As of December 2024, the average rent in Far Rockaway, NY is $1,827 per month. This is 17% higher than the national average rent price of $1,560/month, making Far Rockaway one of the most expensive cities in the US. When you rent an apartment in Far Rockaway, you can expect to pay about $1,504 per month for a studio, $1,827 for a one-bedroom apartment, and around $1,941 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,872 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Far Rockaway, NY?
In the past year, rent has increased by 6.7%, which averages out to $123 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Far Rockaway, NY
Last Updated December 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
10%
$700 - $1,000/month
35%
$1,001 - $1,500/month
40%
$1,501 - $2,000/month
15%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Far Rockaway?
Based on current rent prices, Downtown Far Rockaway and South Shore Queens" are the most affordable neighborhoods in Far Rockaway.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Far Rockaway?
Based on current rent prices, South Shore Queens and Downtown Far Rockaway" are the most expensive neighborhoods in Far Rockaway.
Neighborhood
Average Rent
Average Sq Ft
Which Far Rockaway neighborhoods have the most rentals available?
The neighborhoods in Far Rockaway with the most apartments available are Downtown Far Rockaway and South Shore Queens" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Far Rockaway, NY?
Because the average rent in Far Rockaway is $1,827, you’ll want to make about $6,090 per month or $73,080 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Far Rockaway, NY compare to other nearby cities and neighborhoods?
Use the tool below to compare Far Rockaway, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,522/month
One Bedroom
$966/month
$1,891/month
Two Bedroom
$1,075/month
$2,090/month
Three Bedroom
-
$1,874/month
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.