Monthly Rent Report
Bay Ridge Rent Report — August 2022
Asking rents in ZIP 11209, New York City, from 138 listings.
Median 1BR rent in Bay Ridge was $2,300 in August 2022, up 21.1% (+$400) from July 2022 and up 17.9% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,300. That puts Bay Ridge $50 below the New York City citywide 1BR median of $2,350. The month's figures are based on 138 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$25 (-1.4%) | +$253 (+16.9%) | $1,750 – $1,750 | 1 |
| 1BR | $2,300 | +$400 (+21.1%) | +$350 (+17.9%) | $2,300 – $2,300 | 1 |
| 1BR | $2,000 | +$100 (+5.3%) | +$50 (+2.6%) | $1,763 – $2,225 | 23 |
| 2BR | $3,000 | +$713 (+31.1%) | +$500 (+20.0%) | $3,000 – $3,000 | 1 |
| 2BR | $2,575 | +$288 (+12.6%) | +$75 (+3.0%) | $2,500 – $2,700 | 53 |
| 3BR | $6,000 | +$2,900 (+93.5%) | +$3,800 (+172.7%) | $6,000 – $6,000 | 1 |
| 3BR | $3,000 | −$100 (-3.2%) | +$800 (+36.4%) | $2,800 – $3,900 | 47 |
| 4BR | $4,069 | $0 (0.0%) | −$1,430 (-26.0%) | $3,867 – $4,069 | 6 |
| 4BR | $3,935 | −$134 (-3.3%) | −$1,564 (-28.5%) | $3,867 – $4,002 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — August 2022
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $2,300 | −$550 (-23.9%) |
| 1BR | $2,300 | $2,350 | −$50 (-2.1%) |
| 1BR | $2,000 | $2,350 | −$350 (-14.9%) |
| 2BR | $3,000 | $2,800 | +$200 (+7.1%) |
| 2BR | $2,575 | $2,800 | −$225 (-8.0%) |
| 3BR | $6,000 | $3,350 | +$2,650 (+79.1%) |
| 3BR | $3,000 | $3,350 | −$350 (-10.4%) |
| 4BR | $4,069 | $4,224 | −$155 (-3.7%) |
| 4BR | $3,935 | $4,224 | −$289 (-6.8%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.