ZIP 11216
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 11216 usually run 2.2% below trend in January and 1.9% above it in August, about $147 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 11216 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 11216 changed +7.0% over the year to September 2026. Across the 251 New York ZIP codes Zillow tracks, the typical change was +5.6%.
From 2019 to 2024, rent in ZIP 11216 rose 30.9% while median household income rose 49.4% ($67,795 to $101,277). Income kept ahead of rent.
Rent in ZIP 11216 is 41.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($101,277) is $2,532 a month. That is less than HUD's Fair Market Rent for a studio ($3,190).
98th cheapest of 145 ZIP codes in New York.
ZIP 11213, 1 mile away, rents for 13% less ($3,110/mo), about $5,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 11216. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 11216 (New York, NY) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 56.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 11216 in New York, NY has changed in 5 years
The median rent in ZIP 11216 in New York, NY stood at $2,356 in 2021 and currently runs about $3,590, reflecting a 52.4% increase over the period. Median household income rose from $84,661 to $101,277 between 2021 and 2024, a 19.6% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.5% since 2021, moving from about 62,210 residents to roughly 60,685. Renters now make up 78.7% of households, compared with 75.6% five years ago. College-educated residents now make up 56.2% of adults here, versus 52.8% in 2021. Taken together, the five-year picture in ZIP 11216 in New York, NY reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Tips for renters in ZIP 11216
Last updated: October 17, 2026
ZIP code 11216 covers New York, NY. The median rent here is $3,590/mo as of October 2026. A 1-bedroom rents for a median of $3,350/mo. A 2-bedroom rents for a median of $3,670/mo.
At 43% of local median household income ($101,277/yr), ZIP 11216 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.
Frequently asked questions
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How does ZIP 11216 compare to the rest of New York?
At $3,590/mo, rent takes ~43% of ZIP 11216's median household income ($101,277/yr). The standard benchmark is 30%.
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