Monthly Rent Report
Bay Ridge Rent Report — October 2022
Asking rents in ZIP 11209, New York City, from 85 listings.
Median 1BR rent in Bay Ridge was $1,650 in October 2022, down 8.3% (−$150) from September 2022 and down 5.7% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Bay Ridge $605 below the New York City citywide 1BR median of $2,255. The month's figures are based on 85 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$99 (-6.0%) | +$100 (+6.9%) | $1,425 – $1,656 | 20 |
| Studio | $1,550 | −$99 (-6.0%) | +$100 (+6.9%) | $1,425 – $1,656 | 20 |
| 1BR | $1,650 | −$150 (-8.3%) | −$100 (-5.7%) | $1,650 – $1,650 | 1 |
| 1BR | $1,898 | +$98 (+5.4%) | +$148 (+8.4%) | $1,752 – $2,038 | 18 |
| 2BR | $2,000 | −$500 (-20.0%) | −$500 (-20.0%) | $2,000 – $2,000 | 6 |
| 2BR | $2,000 | −$500 (-20.0%) | −$500 (-20.0%) | $2,000 – $2,000 | 2 |
| 3BR | $3,927 | $0 (0.0%) | +$1,327 (+51.0%) | $3,764 – $4,074 | 3 |
| 3BR | $3,200 | −$727 (-18.5%) | +$600 (+23.1%) | $2,775 – $4,075 | 12 |
| 4BR | $3,985 | −$84 (-2.1%) | −$84 (-2.1%) | $3,942 – $4,027 | 2 |
| 4BR | $6,000 | +$1,931 (+47.5%) | +$1,931 (+47.5%) | $6,000 – $6,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — October 2022
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $2,283 | −$732 (-32.1%) |
| Studio | $1,550 | $2,283 | −$732 (-32.1%) |
| 1BR | $1,650 | $2,255 | −$605 (-26.8%) |
| 1BR | $1,898 | $2,255 | −$357 (-15.9%) |
| 2BR | $2,000 | $2,700 | −$700 (-25.9%) |
| 2BR | $2,000 | $2,700 | −$700 (-25.9%) |
| 3BR | $3,927 | $3,200 | +$727 (+22.7%) |
| 3BR | $3,200 | $3,200 | $0 (0.0%) |
| 4BR | $3,985 | $3,999 | −$14 (-0.4%) |
| 4BR | $6,000 | $3,999 | +$2,001 (+50.0%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.