ZIP Code · NY

ZIP 11435

Part of New York, NY

Pop. 56,826·Queens County·206th most expensive ZIP in New York

Median rent (all units)

$2,422/mo

Year-over-Year

+4.9%

Month-over-Month

+1.4%

vs US Median

+$490

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 11435 · $2,422

More expensive than 78% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,967

1 BR

$2,067

2 BR

$2,268

3 BR

$2,839

4 BR+

$3,085

Research median

$2,268/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

February. Asking rents in ZIP 11435 usually run 1% below trend in February and 1% above it in September, about $48 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 11435 is at its highest level since Zillow's records here began in May 2015.

Past year vs. the rest of New York

Rent in ZIP 11435 changed +4.9% 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 11435 rose 26.9% while median household income rose 20.5% ($66,137 to $79,710). Rent outpaced income.

Since before the pandemic

Rent in ZIP 11435 is 40.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($79,710) is $1,993 a month. That is less than HUD's Fair Market Rent for a studio ($2,550).

Rank in New York

8th cheapest of 145 ZIP codes in New York.

From Zillow's monthly rent index (ZORI) for ZIP 11435. 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

$29,064/yr

At $2,422/mo median

Location

CityNew York

StateNY

CountyQueens County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.9% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.9% YoY, +1.4% MoM), not inventory.

Demographics

Who lives here

ZIP 11435 (New York, NY) is majority renter-occupied, 33.5% of residents hold a bachelor's degree or higher.

Population

56,826

Median income

$79,710

Median age

38.6

Renters

64%

Age distribution

21.5%

23.3%

26.2%

13.5%

15.5%

Under 1821.5%

18–3423.3%

35–5426.2%

55–6413.5%

65+15.5%

Gender

50%

Male50%

Female50%

Race & ethnicity

12%

23.6%

30.1%

24.1%

White12%

Black23.6%

Hispanic30.1%

Asian24.1%

Other10.1%

Education (25+)

21.2%

22.3%

23%

33.5%

No HS diploma21.2%

HS diploma22.3%

Some college23%

Bachelor's+33.5%

Housing tenure

36%

64%

Owner36%

Renter64%

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

2021 vs 2026

How ZIP 11435 in New York, NY has changed in 5 years

Rent

$1,764 → $2,422

up 37.3%

Income

$71,346 → $79,710

up 11.7%

Population

60,842 → 56,826

down 6.6%

Renter share

63.5% → 64%

+0.5 pts

Bachelor's+

32.3% → 33.5%

+1.2 pts

Median age

36.2 → 38.6

+2.4 yrs

Compared with 2021, rent in ZIP 11435 in New York, NY has increased by $658 per month, settling near $2,422 after starting the period at $1,764. Census figures show median household income at $79,710 today, compared with $71,346 five years earlier. Rent outpaced income growth by roughly 25.6 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 60,842 to 56,826 between 2021 and 2024, a 6.6% change. 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 11435

Last updated: October 17, 2026

ZIP code 11435 covers New York, NY. The median rent here is $2,422/mo as of October 2026. A 1-bedroom rents for a median of $2,067/mo. A 2-bedroom rents for a median of $2,268/mo.

At 36% of local median household income ($79,710/yr), ZIP 11435 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 11435?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (about $47/hour full-time) to afford the median rent of $2,422/mo in ZIP 11435. The local median household income is $79,710/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 11435?

Rent in ZIP 11435 has risen 4.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2015.

When is the cheapest time to rent in ZIP 11435?

Asking rents in ZIP 11435 are usually lowest in February, about 1% below their yearly trend, and highest in September, about 1% above it. At today's median that is a gap of roughly $48 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 11435?

Yes. From 2019 to 2024, rent in ZIP 11435 rose 26.9% while median household income rose 20.5%, from $66,137 to $79,710. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 11435 compare to other ZIPs in New York?

ZIP 11435 is in the middle among New York ZIP codes for rent, ranking #206 of 334 at $2,422/mo. Over the year to September 2026, rent in ZIP 11435 changed +4.9%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.