At June 2026, Zillow’s ZIP-level ZORI puts typical observed asking rent in 10314 at $2,972 per month, up 5.2% from the same month a year earlier. ZORI is a typical observed asking-rent index blended across rental types, rather than a quote for a specific available home. Annualizing that index produces a 30% required-income screen of $118,880, while the reported current asking-rent-to-income relationship is 34.1%. That screen is arithmetic only: it is not affordability advice, an applicant qualification standard, or evidence that any household can or cannot lease a particular unit.
The backward-looking ZORI record remains positive but has decelerated from its longer path. Exact same-month annualized change was 5.2% over 1 year, compared with 6.9% over 3 years and 7.6% over 5 years. Thus, the recent direction confirms continued rent growth but breaks from the prior pace by slowing. The history has full reported coverage across 64 monthly observations. Monthly ZORI returns imply 5.2% annualized variability, so a single current rent snapshot warrants less confidence than a smooth trend line would suggest. Its maximum drawdown was 3.2%, showing that declines occurred despite the overall rise. Transparent national discovery ranks among history-eligible ZIPs were 209 for momentum, 2,843 for stability, and 1,201 for the balanced measure; these are backward-looking discovery tools, not forecasts, quality ratings, or investment recommendations.
Rent sources answer materially different questions here. The 10314 label is both Zillow’s ZIP market identifier and the matched Census ZCTA; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. In the ACS 2024 five-year survey, median gross rent was $1,802, making current ZORI 64.9% higher. ACS median gross rent reflects occupied renter homes and includes selected utilities, whereas ZORI tracks typical observed asking rent. HUD’s FY2026 Fair Market Rent or Small Area Fair Market Rent ladder is instead an administrative bedroom-specific standard, not asking rent. Scaling ZIP ZORI through that local HUD ladder produces modelled monthly estimates of $2,156 for a studio, $2,501 for one bedroom, $2,972 for two bedrooms, $3,640 for three bedrooms, and $4,195 for four bedrooms. These are modelled estimates, never measured bedroom rents.
The ACS housing profile provides an important counterweight to the asking-rent index. The matched ZCTA contains 33,738 housing units, including 20,719 single-family units and 2,230 units in large multifamily structures. Its overall vacancy rate is 7.0%, a measure of vacant housing units rather than proof that a particular rental is available or competitively priced. There were 8,490 renter-occupied homes in the survey, and 3,837 renter households, or 45.2%, reported spending at least 30% of income on gross rent. That burden result describes surveyed occupied renter households, not a prospective tenant’s budget and not the expense position of a specific unit.
Wider geographies put the ZIP’s asking-rent level in perspective without replacing ZIP evidence: the City of New York context rent was $4,133, the Richmond County context rent was $2,702, and the New York-Newark-Jersey City, NY-NJ-PA metro context rent was $3,573. ZIP ZORI therefore sits below the named city and metro context measures but above the county context measure. Those comparisons are context only because each geography aggregates a different rental universe, housing mix, and population. They should not be treated as ZIP-level rental comps or as an explanation for the local rent trend.
The direct rolling-three-month Redfin observation belongs entirely to the ZIP’s for-sale market, not rental transactions. Median sold price was $718,838, down 1.8% year over year, while 169 homes sold and the median marketing time was 39 days. Inventory stood at 196 homes, 18.8% below a year earlier, alongside 3.5 months of supply. Sale-to-list signals were restrained rather than uniformly aggressive: the average sale-to-list relationship was 98.2%, and 28.1% of sales closed above list. These are resale liquidity and pricing observations for the ZIP; they do not establish rental demand, tenant behavior, property operating costs, or the economics of an individual home.
Dividing annualized ZIP ZORI by the ZIP median sold price yields a 5.0% cross-source screening ratio. It is only a screening ratio, not a cap rate, net return, expected return, or property yield. The key tension is that asking-rent history is still rising, even as the direct resale median eased year over year and sale-to-list results remained below list on average. That tension challenges any attempt to treat either rent momentum or resale pricing as a complete market signal. It also leaves the affordability screen unresolved: a rising asking-rent index and the ACS burden measure can coexist with a softer resale price reading because the sources cover different transactions, homes, and households.
Several limits remain decisive. ZORI does not identify the rent, condition, lease terms, concessions, or utility treatment of a specific listing; ACS is a five-year survey rather than a current availability count; HUD standards are administrative benchmarks; and Redfin resale figures are not rental comps. A property-level review should verify the unit’s bedroom count, current asking amount, included utilities, lease duration, concessions, availability date, and comparable listings. For a sale candidate, confirm the actual list history, condition, closing status, and whether the relevant home resembles the rental type represented by ZORI. The unresolved question is whether those unit-specific facts align with, or materially depart from, this ZIP-level evidence.