ZIP Code · NY

ZIP 11416

Part of New York, NY
Pop. 25,919·Queens County·148th most expensive ZIP in New York
Median rent (all units)
$2,900/mo
Year-over-Year
Stable
Month-over-Month
+0.9%
vs US Median
+$968
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 11416 · $2,900
More expensive than 89% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,550
1 BR
$2,670
2 BR
$2,930
3 BR
$3,670
4 BR+
$3,990
Research median
$2,930/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($81,188) is $2,030 a month. That is less than HUD's Fair Market Rent for a studio ($2,550).

Cheaper nearby

ZIP 11418, 1 mile away, rents for 11% less ($2,594/mo), about $3,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 11416. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$34,800/yr
At $2,900/mo median
Location
StateNY
CountyQueens County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 11416 (New York, NY) is roughly split between renters and owners, 24% of residents hold a bachelor's degree or higher.

Population
25,919
Median income
$81,188
Median age
38.2
Renters
51.3%
Age distribution
21.9%
24%
25%
15%
14.1%
Under 1821.9%
18–3424%
35–5425%
55–6415%
65+14.1%
Gender
52%
48%
Male52%
Female48%
Race & ethnicity
13.7%
44.4%
32.7%
White13.7%
Black5.6%
Hispanic44.4%
Asian32.7%
Other3.5%
Education (25+)
23.5%
27.6%
24.9%
24%
No HS diploma23.5%
HS diploma27.6%
Some college24.9%
Bachelor's+24%
Housing tenure
48.7%
51.3%
Owner48.7%
Renter51.3%

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

2021 vs 2026

How ZIP 11416 in New York, NY has changed in 5 years

Income
$76,477 → $81,188
up 6.2%
Population
27,098 → 25,919
down 4.4%
Renter share
52.6% → 51.3%
-1.3 pts
Bachelor's+
23.2% → 24%
+0.8 pts
Median age
36.2 → 38.2
+2.0 yrs

On the earnings side, the typical household in ZIP 11416 in New York, NY now reports about $81,188, up from $76,477 in 2021. The population has contracted by 4.4% since 2021, moving from about 27,098 residents to roughly 25,919.

Community

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Local insights

Tips for renters in ZIP 11416

About renting in ZIP 11416

Last updated: September 25, 2026

ZIP code 11416 covers New York, NY. The median rent here is $2,900/mo as of September 2026. A 1-bedroom rents for a median of $2,670/mo. A 2-bedroom rents for a median of $2,930/mo.

At 43% of local median household income ($81,188/yr), ZIP 11416 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 11416?

To keep rent at or below 30% of gross income, you would need to earn at least $116,000/year (about $56/hour full-time) to afford the median rent of $2,900/mo in ZIP 11416. The local median household income is $81,188/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 11416?

Rent in ZIP 11416 has been roughly flat over the past year, a 0.0% change.

How does ZIP 11416 compare to other ZIPs in New York?

ZIP 11416 is in the middle among New York ZIP codes for rent, ranking #148 of 341 at $2,900/mo.

How does ZIP 11416 compare to the rest of New York?

At $2,900/mo, ZIP 11416 is $1,189 below the New York citywide median of $4,089/mo.
Income Affordability
43%
STRETCHED

At $2,900/mo, rent takes ~43% of ZIP 11416's median household income ($81,188/yr). The standard benchmark is 30%.

ZIP 11416 43%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 11416 (New York, NY)

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