ZIP Code · NY

ZIP 11432

Part of New York, NY
Pop. 62,892·Queens County·154th most expensive ZIP in New York
Median rent (all units)
$2,834/mo
Year-over-Year
+8.3%
Month-over-Month
+0.3%
vs US Median
+$902
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 11432 · $2,834
More expensive than 88% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,750
1 BR
$2,890
2 BR
$3,170
3 BR
$3,970
4 BR+
$4,310
Research median
$3,170/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

November. Asking rents in ZIP 11432 usually run 0.9% below trend in November and 1% above it in June, about $54 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 11432 is at its highest level since Zillow's records here began in December 2016.

Past year vs. the rest of New York

Rent in ZIP 11432 changed +8.3% 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 11432 rose 23.9% while median household income rose 19.2% ($62,148 to $74,096). Rent outpaced income.

Since before the pandemic

Rent in ZIP 11432 is 36.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 7 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($74,096) is $1,852 a month. That is less than HUD's Fair Market Rent for a studio ($2,750).

Rank in New York

44th cheapest of 145 ZIP codes in New York.

Cheaper nearby

ZIP 11366, 1 mile away, rents for 14% less ($2,425/mo), about $4,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 11432. 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
$34,008/yr
At $2,834/mo median
Location
StateNY
CountyQueens County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.3% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 11432 (New York, NY) is majority renter-occupied, 36.2% of residents hold a bachelor's degree or higher.

Population
62,892
Median income
$74,096
Median age
39.6
Renters
64.2%
Age distribution
21.2%
23.5%
24.2%
13.5%
17.7%
Under 1821.2%
18–3423.5%
35–5424.2%
55–6413.5%
65+17.7%
Gender
50.9%
49.1%
Male50.9%
Female49.1%
Race & ethnicity
12.9%
17.8%
21.9%
40.6%
White12.9%
Black17.8%
Hispanic21.9%
Asian40.6%
Other6.8%
Education (25+)
20.8%
21.3%
21.6%
36.2%
No HS diploma20.8%
HS diploma21.3%
Some college21.6%
Bachelor's+36.2%
Housing tenure
35.8%
64.2%
Owner35.8%
Renter64.2%

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

2021 vs 2026

How ZIP 11432 in New York, NY has changed in 5 years

Rent
$2,145 → $2,834
up 32.1%
Income
$66,246 → $74,096
up 11.8%
Population
64,858 → 62,892
down 3.0%
Renter share
61.5% → 64.2%
+2.7 pts
Bachelor's+
36.3% → 36.2%
-0.1 pts
Median age
38.4 → 39.6
+1.2 yrs

The median rent in ZIP 11432 in New York, NY stood at $2,145 in 2021 and currently runs about $2,834, reflecting a 32.1% increase over the period. Census figures show median household income at $74,096 today, compared with $66,246 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 3.0% since 2021, moving from about 64,858 residents to roughly 62,892. Renters now make up 64.2% of households, compared with 61.5% five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 11432

Last updated: October 17, 2026

ZIP code 11432 covers New York, NY. The median rent here is $2,834/mo as of October 2026. A 1-bedroom rents for a median of $2,890/mo. A 2-bedroom rents for a median of $3,170/mo.

At 46% of local median household income ($74,096/yr), ZIP 11432 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 11432?

To keep rent at or below 30% of gross income, you would need to earn at least $113,000/year (about $54/hour full-time) to afford the median rent of $2,834/mo in ZIP 11432. The local median household income is $74,096/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 11432?

Rent in ZIP 11432 has risen 8.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2016.

When is the cheapest time to rent in ZIP 11432?

Asking rents in ZIP 11432 are usually lowest in November, about 0.9% below their yearly trend, and highest in June, about 1% above it. At today's median that is a gap of roughly $54 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 11432?

Yes. From 2019 to 2024, rent in ZIP 11432 rose 23.9% while median household income rose 19.2%, from $62,148 to $74,096. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 11432 compare to other ZIPs in New York?

ZIP 11432 is in the middle among New York ZIP codes for rent, ranking #154 of 334 at $2,834/mo. Over the year to September 2026, rent in ZIP 11432 changed +8.3%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.

How does ZIP 11432 compare to the rest of New York?

At $2,834/mo, ZIP 11432 is $1,255 below the New York citywide median of $4,089/mo. It is the 44th cheapest of 145 ZIP codes in New York.
Income Affordability
46%
STRETCHED

At $2,834/mo, rent takes ~46% of ZIP 11432's median household income ($74,096/yr). The standard benchmark is 30%.

ZIP 11432 46%Benchmark 30%
State income tax4–10.9%
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Public schools near ZIP 11432 (New York, NY)

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