Monthly Rent Report
Bay Ridge Rent Report — May 2021
Asking rents in ZIP 11209, New York City, from 208 listings.
Median 1BR rent in Bay Ridge was $1,600 in May 2021, down 5.9% (−$100) from April 2021 and down 8.6% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Bay Ridge $220 below the New York City citywide 1BR median of $1,820. The month's figures are based on 208 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | +$100 (+6.9%) | +$26 (+1.7%) | $1,450 – $1,550 | 13 |
| Studio | $1,150 | −$300 (-20.7%) | −$374 (-24.6%) | $975 – $1,325 | 2 |
| 1BR | $1,600 | −$100 (-5.9%) | −$150 (-8.6%) | $1,600 – $1,600 | 2 |
| 1BR | $1,600 | −$100 (-5.9%) | −$150 (-8.6%) | $1,550 – $1,700 | 61 |
| 2BR | $1,925 | −$37 (-1.9%) | −$422 (-18.0%) | $1,888 – $1,963 | 2 |
| 2BR | $1,963 | $0 (0.0%) | −$385 (-16.4%) | $1,831 – $2,238 | 70 |
| 3BR | $3,927 | +$1,327 (+51.0%) | +$465 (+13.4%) | $3,682 – $4,148 | 6 |
| 3BR | $2,850 | +$250 (+9.6%) | −$612 (-17.7%) | $2,438 – $3,927 | 44 |
| 4BR | $4,069 | $0 (0.0%) | +$119 (+3.0%) | $4,069 – $4,069 | 7 |
| 4BR | $2,900 | −$1,169 (-28.7%) | −$1,050 (-26.6%) | $2,900 – $2,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — May 2021
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,661 | −$111 (-6.7%) |
| Studio | $1,150 | $1,661 | −$511 (-30.8%) |
| 1BR | $1,600 | $1,820 | −$220 (-12.1%) |
| 1BR | $1,600 | $1,820 | −$220 (-12.1%) |
| 2BR | $1,925 | $2,200 | −$275 (-12.5%) |
| 2BR | $1,963 | $2,200 | −$237 (-10.8%) |
| 3BR | $3,927 | $2,550 | +$1,377 (+54.0%) |
| 3BR | $2,850 | $2,550 | +$300 (+11.8%) |
| 4BR | $4,069 | $3,400 | +$669 (+19.7%) |
| 4BR | $2,900 | $3,400 | −$500 (-14.7%) |
Citywide figure is the median of zip-level medians across 162 New York City zip codes with listings in May 2021.