ZIP 11231
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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
April. Asking rents in ZIP 11231 usually run 0.9% below trend in April and 1.1% above it in August, about $92 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 11231 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 11231 changed +20.5% 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 11231 rose 42.2% while median household income rose 40.4% ($99,643 to $139,930). Rent outpaced income.
Rent in ZIP 11231 is 85.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($139,930) is $3,498 a month. That is less than HUD's Fair Market Rent for a studio ($3,800).
115th cheapest of 145 ZIP codes in New York.
ZIP 11232, 1 mile away, rents for 31% less ($3,164/mo), about $16,900 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 11231. 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 11231 (New York, NY) is majority renter-occupied, has a median income above the national average, 67.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 11231 in New York, NY has changed in 5 years
Since 2021, the typical rent in ZIP 11231 in New York, NY has increased from $2,295 to $4,575, a 99.3% change over five years. Census figures show median household income at $139,930 today, compared with $121,638 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 5.0% since 2021, moving from about 40,311 residents to roughly 38,276. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Tips for renters in ZIP 11231
Last updated: October 17, 2026
ZIP code 11231 covers New York, NY. The median rent here is $4,575/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 39% of local median household income ($139,930/yr), ZIP 11231 ranks as moderate compared to the national benchmark of 30%. Rents have increased 20.5% over the past year.
Frequently asked questions
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How does ZIP 11231 compare to other ZIPs in New York?
How does ZIP 11231 compare to the rest of New York?
At $4,575/mo, rent takes ~39% of ZIP 11231's median household income ($139,930/yr). The standard benchmark is 30%.
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