ZIP 11229
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 11229 usually run 1.5% below trend in February and 1.8% above it in November, about $87 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 11229 is 1.7% below its high of $2,667 in May 2026, at $2,622 as of September 2026.
Rent in ZIP 11229 changed +7.1% 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 11229 rose 36.6% while median household income rose 9.2% ($64,631 to $70,603). Rent outpaced income.
Rent in ZIP 11229 is 57.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 9 of the last 12 months.
30% of the median household income ($70,603) is $1,765 a month. That is less than HUD's Fair Market Rent for a studio ($2,490).
24th cheapest of 145 ZIP codes in New York.
ZIP 07002, 10 miles away, rents for 11% less ($2,338/mo), about $3,400 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 11229. 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 11229 (New York, NY) is roughly split between renters and owners, has a large retiree population, 41.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 11229 in New York, NY has changed in 5 years
Rent in ZIP 11229 in New York, NY has increased 56.9% since 2021, going from about $1,671 per month to roughly $2,622 today. Household income in the area moved from $69,076 to $70,603 across the same window, up 2.2% versus 2021. Rent outpaced income growth by roughly 54.7 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 85,538 to 78,377 between 2021 and 2024, a 8.4% change. About 53.1% of households rent today, against 50.6% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 11229 in New York, NY look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 11229
Last updated: October 17, 2026
ZIP code 11229 covers New York, NY. The median rent here is $2,622/mo as of October 2026. A 1-bedroom rents for a median of $2,610/mo. A 2-bedroom rents for a median of $2,860/mo.
At 45% of local median household income ($70,603/yr), ZIP 11229 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.1% over the past year.
Frequently asked questions
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How does ZIP 11229 compare to other ZIPs in New York?
How does ZIP 11229 compare to the rest of New York?
At $2,622/mo, rent takes ~45% of ZIP 11229's median household income ($70,603/yr). The standard benchmark is 30%.
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