Flushing is a neighborhood in the greatest city on earth, New York City. Officially, Flushing is part of the greater borough of Queens. Although just a neighborhood contained with in a borough, Flushing is still bigger than many cities in America, with an estimated 220,000 people calling it home. Flushing's history is Dutch, and it was originally a New Netherlands Colony. Eventually though, it was taken over by the British and incorporated into New York. Today, Flushing is home to a very large Chinese community, with one of the largest and most quickly expanding Chinatowns in North America. At the same time, there is also a very large Koreatown in the neighborhood as well.
October and November are the best times to try and find an apartment in Flushing. These months are best because they strike a balance. The summer time has more listings but is competitive, and the wintertime tends to not have enough availability. October and November provide a nice middle ground.
Flushing is a large enough neighborhood that prices can vary widely depending on which part of it you are shopping in. However, expecting to pay about $1500 for a 1 bedroom basic apartment is a good place to start.
Much of the wisdom that applies to the rest of New York City applies to Flushing as well. Foremost amongst the tips you might get is to not be afraid of using an agent. It's true, you might end up paying them some fees. But what they will save you in time, effort, and potential run-ins with unscrupulous landlords is usually well worth the hassle.
The people of Flushing have perfect access to the best public transportation system in the country. The New York City subway line has a dedicated Flushing line that runs from Times Square right to the Flushing-Main St. Station. Once you're on the subway, you easily access anywhere in the city.
Visiting the Flushing Chinatown will give you access to a lot of fun shopping and great dining options. One of the things to not miss in Flushing is Citi Field, where the New York Mets play, and is also home to a Mets museum. For music fans, a visit to the Louis Armstrong House Museum is highly recommended. And of course, if you run out of things to do right in Flushing, you're only a subway ride away from the entertainment options that await you in the rest of NYC.
If you're not sure how much an apartment will cost, the table below shows the average price by size.
Welcome to the December 2020 New York Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the December 2020 key findings and figures for the New York rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in New York and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of New York rent prices in the chart below.
New York rent prices decreased over the last month. From November to December, the city experienced a -1.11% decrease for the price of a one-bedroom apartment. The rent price for a New York one-bedroom apartments currently stands at $3,117.0.
When we take a look at the two-bedroom comparison from November to December, New York experienced a -1.01% decrease for the price of a two-bedroom apartment. The rent price for a New York two-bedroom apartments currently stands at $3,915.0.
Rent prices have decreased in New York over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the New York suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Jersey City, NJ, Bronxville, NY, East Orange, NJ, Yonkers, NY, Newark, NJ .
Rent decreased in Hoboken, NJ.
6 suburbs are currently priced lower than the city of New York.
Rent growth in New York over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, New York rent prices appear to be relatively affordable for local residents.
The price for a New York one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
You can view the full rundown of ABODO's December 2020 National Apartment Report and data set here.
For more information about New York and surrounding area rent prices, take a look at the complete data set below.
|1 BR December||1 BR M/M % Change||2 BR December||2 BR M/M % Change|
|New York, NY||$3,152.0||-0.88%||$3,955.0||-0.90%|
|Jersey City, NJ||$2,844.0||2.89%||$3,041.0||2.46%|
|East Orange, NJ||$1,393.0||9.34%||$1,625.0||4.30%|
Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.