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RE Intelligence

Rental numbers for Queens County, NY

The typical home here runs -$2,488 a month at 7.78% with 25% down. 0 of 37 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.9%.

Gross yield
5.3%
typical home, Zillow
Median ZIP yield
4.9%
37 ZIPs with full data
Cash flow
-$2,488/mo
at 7.78%, 25% down
Typical price
$745,000
Zillow ZHVI, Aug 2026
Typical rent
$3,278/mo
Zillow ZORI, Aug 2026

ZIP codes in Queens County

56 with published figures

11374New York$431,000$3,0568.5%4.8%-$609+3.4%
11415New York$381,000$2,5638.1%3.8%-$852+11.9%
11372New York$432,000$2,6707.4%4.2%-$831+1.6%
11375New York$522,000$3,1637.3%3.8%-$1,165+5.7%
11362New York$690,000$3,910*6.8%3.1%-$1,915n/a
11368New York$556,000$3,100*6.7%3.7%-$1,291n/a
11377New York$556,000$3,0686.6%3.5%-$1,355+2.5%
11373New York$517,000$2,8246.6%3.4%-$1,319+6.0%
11104New York$538,000$2,8526.4%3.4%-$1,395+2.7%
11367New York$504,000$2,6446.3%2.8%-$1,541n/a
11692New York$616,000$3,1596.2%3.4%-$1,561n/a
11691New York$676,000$3,4286.1%3.2%-$1,847n/a
11360New York$617,000$3,1226.1%2.9%-$1,853n/a
11004New York$611,000$3,060*6.0%2.8%-$1,878n/a
11414New York$629,000$3,090*5.9%2.8%-$1,924n/a
11102New York$724,000$3,4245.7%2.7%-$2,285+4.1%
11106New York$679,000$3,2135.7%2.8%-$2,051+2.2%
11422New York$738,000$3,460*5.6%2.7%-$2,292n/a
11436New York$691,000$3,200*5.5%2.8%-$2,098n/a
11355New York$603,000$2,7845.5%2.6%-$1,963+0.4%
11413New York$733,000$3,2335.3%2.5%-$2,411n/a
11364New York$626,000$2,7525.3%2.2%-$2,201+1.5%
11433New York$720,000$3,0155.0%2.3%-$2,479+11.0%
11420New York$758,000$3,150*5.0%2.3%-$2,656n/a
11435New York$588,000$2,4104.9%2.0%-$2,200+2.6%
11419New York$764,000$3,110*4.9%2.1%-$2,769n/a
11354New York$667,000$2,7034.9%1.8%-$2,591+2.4%
11426New York$793,000$3,2084.9%2.0%-$2,944n/a
11385New York$875,000$3,4534.7%2.1%-$3,171+5.9%
11421New York$740,000$2,8794.7%1.9%-$2,797n/a
11417New York$754,000$2,930*4.7%2.0%-$2,815n/a
11101New York$1,147,000$4,3944.6%2.5%-$3,830+3.3%
11416New York$762,000$2,9004.6%1.9%-$2,888n/a
11370New York$818,000$3,0894.5%1.8%-$3,166n/a
11418New York$759,000$2,8134.5%1.8%-$2,974+6.9%
11411New York$717,000$2,590*4.3%1.6%-$2,914n/a
11428New York$782,000$2,780*4.3%1.6%-$3,187n/a
11412New York$737,000$2,580*4.2%1.7%-$2,952n/a
11434New York$716,000$2,510*4.2%1.6%-$2,887n/a
11429New York$745,000$2,600*4.2%1.6%-$3,048n/a
11369New York$843,000$2,8334.0%1.5%-$3,482n/a
11427New York$788,000$2,650*4.0%1.3%-$3,370n/a
11356New York$827,000$2,6743.9%1.4%-$3,513+13.7%
11363New York$1,125,000$3,580*3.8%1.2%-$4,942n/a
11423New York$839,000$2,600*3.7%1.2%-$3,712n/a
11694New York$877,000$2,710*3.7%1.0%-$3,980n/a
11103New York$1,055,000$3,2303.7%1.1%-$4,696+5.9%
11378New York$872,000$2,6593.7%1.1%-$3,867+9.9%
11432New York$893,000$2,7153.6%1.1%-$4,017+8.1%
11357New York$998,000$3,0153.6%0.9%-$4,595+10.0%
11379New York$901,000$2,6973.6%1.1%-$4,031+10.9%
11361New York$996,000$2,8493.4%0.9%-$4,652+4.8%
11105New York$1,146,000$3,1253.3%0.9%-$5,341+6.1%
11366New York$1,147,000$3,120*3.3%0.7%-$5,482n/a
11365New York$1,022,000$2,6403.1%0.5%-$5,057-4.1%
11358New York$1,074,000$2,5622.9%0.4%-$5,434+5.9%

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+4.7%
Rent, 12 months
+3.4%
Rent minus price growth
-1.3 pts
Property tax
0.87%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$683,141$2,438
Aug 2022$718,067$2,749
Aug 2023$668,998$2,891
Aug 2024$682,208$3,026
Aug 2025$711,112$3,170
Aug 2026$744,565$3,278

HUD Fair Market Rent

FY2027, New York, NY HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$2,593$2,729$2,971$3,760$4,121

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
8.0
6,729 units, last 12 months
National percentile
64th
among US counties

Tools

Test a listing in Queens County against today's rate.

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Part of the New York, NY metro.

Questions

Is Queens County good for rental property?
The typical home here runs -$2,488 a month at 7.78% with 25% down. 0 of 37 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.9%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Queens County?
About 0.87% of value, from Census ACS median taxes paid over median home value. On a $745,000 home that is about $6,478 a year.
What is Fair Market Rent in Queens County?
HUD's FY2027 Fair Market Rent here is $2,729 for a 1-bedroom, $2,971 for a 2-bedroom and $3,760 for a 3-bedroom. Typical cash flow at today's rate is -$2,488 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.