Monthly Rent Report
Bay Ridge Rent Report — June 2022
Asking rents in ZIP 11209, New York City, from 40 listings.
Median 1BR rent in Bay Ridge was $1,675 in June 2022, up 11.7% (+$175) from May 2022 and down 14.1% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,675. That puts Bay Ridge $565 below the New York City citywide 1BR median of $2,240. The month's figures are based on 40 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$125 (-7.0%) | +$250 (+17.9%) | $1,650 – $1,650 | 1 |
| 1BR | $1,675 | +$175 (+11.7%) | −$275 (-14.1%) | $1,675 – $1,675 | 1 |
| 1BR | $2,600 | +$1,100 (+73.3%) | +$650 (+33.3%) | $2,600 – $2,600 | 3 |
| 2BR | $2,800 | +$205 (+7.9%) | +$800 (+40.0%) | $2,800 – $2,800 | 1 |
| 2BR | $2,475 | −$120 (-4.6%) | +$475 (+23.8%) | $2,438 – $2,713 | 3 |
| 3BR | $3,000 | +$300 (+11.1%) | +$503 (+20.1%) | $2,600 – $3,213 | 20 |
| 3BR | $3,100 | +$400 (+14.8%) | +$603 (+24.1%) | $3,100 – $3,100 | 2 |
| 4BR | $5,285 | +$1,216 (+29.9%) | +$1,985 (+60.1%) | $3,225 – $6,500 | 8 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — June 2022
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $2,078 | −$428 (-20.6%) |
| 1BR | $1,675 | $2,240 | −$565 (-25.2%) |
| 1BR | $2,600 | $2,240 | +$360 (+16.1%) |
| 2BR | $2,800 | $2,600 | +$200 (+7.7%) |
| 2BR | $2,475 | $2,600 | −$125 (-4.8%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 3BR | $3,100 | $3,200 | −$100 (-3.1%) |
| 4BR | $5,285 | $4,400 | +$885 (+20.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2022.