Two current measures move at very different speeds in this ZIP. At the June 2026 Zillow endpoint, ZORI is $3,033 per month, after a 9.87% one-year same-month advance. Zillow ZORI is a typical observed asking-rent index blended across rental types, rather than a quote for a stated unit. In the direct Redfin ZIP for-sale/resale observation, median sold price is $1,284,710, 31.77% above its prior-year reading. Annualized ZORI divided by that median sold price produces a 2.83% cross-source screening ratio only; it does not represent property economics. The sale-price gain outpaced the asking-rent change, challenging any assumption that rental and resale measures advanced together.
The Redfin resale details describe only the direct rolling-three-month ZIP for-sale market, not rental transactions. It recorded 31 homes sold with a median 47 days on market. Inventory stood at 58 homes, 21.55% lower year over year, while months of supply measured 5.7. On pricing signals, the average sale-to-list ratio was 97.51%, 20.02% of sales went above list, and 3.29% went off market within two weeks. Those figures indicate the timing, supply, and list-price outcomes in the observed resale sample; they neither create rental comparables nor establish the condition, list price, or negotiation outcome of any particular home.
History supplies the stronger evidence on whether this rent direction is established rather than isolated. Zillow has 74 observations and 73 consecutive monthly changes, supplying 100% expected coverage through the stated endpoint. Beyond the one-year gain reported above, the exact same-month annualized gains were 5.75% across the three-year window and 7.95% across the five-year window. The latest direction therefore confirms the longer upward path and is accelerating relative to both windows. Annualized monthly-return variability of 3.07% gives more confidence in this current index snapshot than a sparse series would, yet does not make it applicable to every rental type. Separately, the maximum drawdown was 5.66%, showing prior peaks did not hold continuously. Transparent national discovery ranks were 67 for momentum, 1,739 for stability, and 327 for balance among history-eligible ZIPs, where a lower rank is better. These are backward-looking measurements, not forecasts or investment recommendations.
The five-digit label 11105 is both a Zillow ZIP market identifier and a Census ZCTA match. A ZCTA is a statistical area, not identical to a USPS delivery ZIP. In the ACS 2024 five-year survey of occupied renter homes, median gross rent is $2,245 and includes selected utilities. Current ZORI is 35.10% above that figure. ACS is a survey median for existing occupied renter homes, whereas ZORI is a current typical asking-rent index; differences in timing, population, utility treatment, and statistic mean the comparison cannot establish a current unit's quote.
Bedroom figures require an even sharper boundary. HUD FMR/SAFMR is an administrative bedroom-specific standard, not asking rent. Scaling ZIP ZORI with the supplied local HUD ladder creates modelled monthly ZIP estimates of $2,200 for a studio, $2,552 for one bedroom, $3,033 for two, $3,715 for three, and $4,281 for four. They are modelled estimates, never measured bedroom rents. The two-bedroom estimate is 15.94% above the $2,616 HUD standard, a standard-to-index comparison rather than evidence of an actual advertised two-bedroom rent.
The income screen turns the rent acceleration into a household-level tension without making an eligibility judgment. At 30%, applying the monthly ZORI index as an asking-rent screen requires $121,320 in annual income, versus ACS median household income of $102,012; the asking-rent-to-income arithmetic is 35.68%. This required-income screen is arithmetic, not advice or an applicant qualification rule. Within the ACS ZCTA, 12,076 renter-occupied homes and 4,986 renter households were burdened at or above that threshold, a 41.29% share; that survey burden cannot prove the circumstances of a particular household or unit. The ZCTA's 17,786 housing units include 2,649 single-family and 2,556 large-multifamily units; vacancy is 8.92% and the renter share is 74.54%. Aggregate vacancy cannot establish that a particular listing is available.
Broader geographic comparisons reinforce that these are context, not substitutes for ZIP evidence. Against the ZIP asking-rent index, the City of New York scope is $4,133, the Queens County scope is $3,256, and the New York-Newark-Jersey City, NY-NJ-PA metro scope is $3,573; each is a wider-geography asking-rent context. ZIP ZORI sits below all three, but those values do not convert the ACS household figures, HUD standards, or direct resale outcomes into local unit comparables. The cross-source tension remains: rent has accelerated on its own history while the for-sale price measure moved much faster.
Several limits keep the screen from becoming an address-level conclusion. Neither the blended Zillow index, the matched-ZCTA ACS survey, the HUD standard, nor the rolling resale observation identifies a specific apartment or home. Concrete checks are the address's relevant market assignment, bedroom configuration, current advertised price, concession and lease terms, treatment of utilities, availability date, and comparable current listings. For a contemplated sale-side comparison, verify property type, condition, sold-date relevance, list and contract terms, and whether the aggregate resale sample resembles the address. Does the specific listing's evidence support the screen without substituting area measures for unit facts?