ZIP Code · NY

ZIP 11217

Part of New York, NY
Pop. 43,490·Kings County·41st most expensive ZIP in New York
Median rent (all units)
$4,332/mo
Year-over-Year
+4.3%
Month-over-Month
-0.5%
vs US Median
+$2,400
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 11217 · $4,332
More expensive than 98% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$3,800
1 BR
$3,990
2 BR
$4,370
3 BR
$5,470
4 BR+
$5,950
Research median
$4,370/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 11217 usually run 1.7% below trend in December and 1.5% above it in August, about $139 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 11217 is 1% below its high of $4,377 in May 2026, at $4,332 as of September 2026.

Past year vs. the rest of New York

Rent in ZIP 11217 changed +4.3% over the year to September 2026. Across the 251 New York ZIP codes Zillow tracks, the typical change was +5.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 11217 rose 35.7% while median household income rose 36.4% ($119,375 to $162,863). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 11217 is 46.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($162,863) is $4,072 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($3,990); a 2-bedroom is $4,370.

Rank in New York

111th cheapest of 145 ZIP codes in New York.

Cheaper nearby

ZIP 11216, 2 miles away, rents for 17% less ($3,590/mo), about $8,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 11217. 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.

Annual cost
$51,984/yr
At $4,332/mo median
Location
StateNY
CountyKings County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.3% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 11217 (New York, NY) is majority renter-occupied, has a median income above the national average, 72% of residents hold a bachelor's degree or higher.

Population
43,490
Median income
$162,863
Median age
36.3
Renters
72.2%
Age distribution
18.2%
27.9%
33.5%
12.2%
Under 1818.2%
18–3427.9%
35–5433.5%
55–648.2%
65+12.2%
Gender
45.5%
54.5%
Male45.5%
Female54.5%
Race & ethnicity
50.4%
17%
16%
White50.4%
Black17%
Hispanic16%
Asian9.6%
Other7%
Education (25+)
12.8%
72%
No HS diploma5.9%
HS diploma9.3%
Some college12.8%
Bachelor's+72%
Housing tenure
27.8%
72.2%
Owner27.8%
Renter72.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 11217 in New York, NY has changed in 5 years

Rent
$2,787 → $4,332
up 55.4%
Income
$133,269 → $162,863
up 22.2%
Population
42,107 → 43,490
up 3.3%
Renter share
71.5% → 72.2%
+0.7 pts
Bachelor's+
71.3% → 72%
+0.7 pts
Median age
35.5 → 36.3
+0.8 yrs

Compared with 2021, rent in ZIP 11217 in New York, NY has climbed by $1,545 per month, settling near $4,332 after starting the period at $2,787. Median household income grew from $133,269 to $162,863 between 2021 and 2024, a 22.2% shift. Rent outpaced income growth by roughly 33.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 42,107 to 43,490 between 2021 and 2024, a 3.3% change. Taken together, the five-year picture in ZIP 11217 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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About renting in ZIP 11217

Last updated: October 17, 2026

ZIP code 11217 covers New York, NY. The median rent here is $4,332/mo as of October 2026. A 1-bedroom rents for a median of $3,990/mo. A 2-bedroom rents for a median of $4,370/mo.

At 32% of local median household income ($162,863/yr), ZIP 11217 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 11217?

To keep rent at or below 30% of gross income, you would need to earn at least $173,000/year (about $83/hour full-time) to afford the median rent of $4,332/mo in ZIP 11217. The local median household income is $162,863/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 11217?

Rent in ZIP 11217 has risen 4.3% over the past year as of September 2026. It sits 1% below its high of $4,377 in May 2026.

When is the cheapest time to rent in ZIP 11217?

Asking rents in ZIP 11217 are usually lowest in December, about 1.7% below their yearly trend, and highest in August, about 1.5% above it. At today's median that is a gap of roughly $139 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 11217?

No. From 2019 to 2024, rent in ZIP 11217 rose 35.7% while median household income rose 36.4%, from $119,375 to $162,863. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 11217 compare to other ZIPs in New York?

ZIP 11217 is one of the pricier among New York ZIP codes for rent, ranking #41 of 334 at $4,332/mo. Over the year to September 2026, rent in ZIP 11217 changed +4.3%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.

How does ZIP 11217 compare to the rest of New York?

At $4,332/mo, ZIP 11217 is $243 above the New York citywide median of $4,089/mo. It is the 111th cheapest of 145 ZIP codes in New York.
Income Affordability
32%
MODERATE

At $4,332/mo, rent takes ~32% of ZIP 11217's median household income ($162,863/yr). The standard benchmark is 30%.

ZIP 11217 32%Benchmark 30%
State income tax4–10.9%
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Public schools near ZIP 11217 (New York, NY)

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