Monthly Rent Report
Bay Ridge Rent Report — August 2021
Asking rents in ZIP 11209, New York City, from 188 listings.
Median 1BR rent in Bay Ridge was $1,650 in August 2021, up 1.5% (+$25) from July 2021 and down 8.1% year-over-year. The middle half of 1BR listings asked between $1,575 and $1,750. That puts Bay Ridge $210 below the New York City citywide 1BR median of $1,860. The month's figures are based on 188 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,498 | +$73 (+5.1%) | −$2 (-0.2%) | $1,469 – $1,524 | 8 |
| Studio | $1,500 | +$75 (+5.3%) | $0 (0.0%) | $1,425 – $1,500 | 19 |
| 1BR | $1,650 | +$25 (+1.5%) | −$145 (-8.1%) | $1,575 – $1,750 | 81 |
| 1BR | $1,950 | +$325 (+20.0%) | +$155 (+8.6%) | $1,950 – $2,199 | 9 |
| 2BR | $2,350 | +$500 (+27.0%) | +$150 (+6.8%) | $1,900 – $2,500 | 45 |
| 2BR | $2,500 | +$650 (+35.1%) | +$300 (+13.6%) | $2,500 – $2,500 | 2 |
| 3BR | $2,600 | −$395 (-13.2%) | −$200 (-7.1%) | $2,475 – $2,650 | 21 |
| 3BR | $2,200 | −$795 (-26.5%) | −$600 (-21.4%) | $2,200 – $2,200 | 1 |
| 4BR | $5,499 | +$2,799 (+103.7%) | +$1,549 (+39.2%) | $5,499 – $5,499 | 1 |
| 4BR | $5,499 | +$2,799 (+103.7%) | +$1,549 (+39.2%) | $5,499 – $5,499 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — August 2021
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,498 | $1,749 | −$251 (-14.4%) |
| Studio | $1,500 | $1,749 | −$249 (-14.2%) |
| 1BR | $1,650 | $1,860 | −$210 (-11.3%) |
| 1BR | $1,950 | $1,860 | +$90 (+4.8%) |
| 2BR | $2,350 | $2,275 | +$75 (+3.3%) |
| 2BR | $2,500 | $2,275 | +$225 (+9.9%) |
| 3BR | $2,600 | $2,648 | −$47 (-1.8%) |
| 3BR | $2,200 | $2,648 | −$447 (-16.9%) |
| 4BR | $5,499 | $3,350 | +$2,149 (+64.1%) |
| 4BR | $5,499 | $3,350 | +$2,149 (+64.1%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.