Monthly Rent Report
Bay Ridge Rent Report — November 2022
Asking rents in ZIP 11209, New York City, from 73 listings.
Median 1BR rent in Bay Ridge was $2,500 in November 2022, up 31.8% (+$603) from October 2022 and up 92.3% year-over-year. The middle half of 1BR listings asked between $2,288 and $2,500. That puts Bay Ridge $256 above the New York City citywide 1BR median of $2,244. The month's figures are based on 73 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$50 (-3.2%) | −$100 (-6.3%) | $1,400 – $1,594 | 8 |
| Studio | $1,550 | $0 (0.0%) | −$50 (-3.1%) | $1,550 – $1,550 | 2 |
| 1BR | $2,500 | +$603 (+31.8%) | +$1,200 (+92.3%) | $2,288 – $2,500 | 4 |
| 1BR | $1,935 | +$38 (+2.0%) | +$635 (+48.8%) | $1,669 – $2,500 | 16 |
| 2BR | $2,750 | +$750 (+37.5%) | +$451 (+19.6%) | $2,694 – $3,088 | 6 |
| 2BR | $2,600 | +$600 (+30.0%) | +$301 (+13.1%) | $2,600 – $2,600 | 1 |
| 3BR | $2,600 | −$600 (-18.8%) | +$350 (+15.6%) | $2,600 – $2,700 | 7 |
| 3BR | $2,700 | −$500 (-15.6%) | +$450 (+20.0%) | $2,600 – $2,800 | 20 |
| 4BR | $2,700 | −$3,300 (-55.0%) | — | $2,700 – $2,700 | 2 |
| 4BR | $2,700 | −$3,300 (-55.0%) | — | $2,700 – $3,385 | 7 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — November 2022
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $2,148 | −$648 (-30.2%) |
| Studio | $1,550 | $2,148 | −$598 (-27.8%) |
| 1BR | $2,500 | $2,244 | +$256 (+11.4%) |
| 1BR | $1,935 | $2,244 | −$309 (-13.8%) |
| 2BR | $2,750 | $2,700 | +$50 (+1.9%) |
| 2BR | $2,600 | $2,700 | −$100 (-3.7%) |
| 3BR | $2,600 | $3,200 | −$600 (-18.8%) |
| 3BR | $2,700 | $3,200 | −$500 (-15.6%) |
| 4BR | $2,700 | $3,900 | −$1,200 (-30.8%) |
| 4BR | $2,700 | $3,900 | −$1,200 (-30.8%) |
Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.