Monthly Rent Report
Bay Ridge Rent Report — December 2022
Asking rents in ZIP 11209, New York City, from 119 listings.
Median 1BR rent in Bay Ridge was $2,000 in December 2022, down 20.0% (−$500) from November 2022 and up 21.2% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,300. That puts Bay Ridge $222 below the New York City citywide 1BR median of $2,222. The month's figures are based on 119 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | +$50 (+3.2%) | −$50 (-3.0%) | $1,550 – $1,600 | 3 |
| Studio | $1,600 | +$50 (+3.2%) | −$50 (-3.0%) | $1,600 – $1,600 | 13 |
| 1BR | $2,000 | −$500 (-20.0%) | +$350 (+21.2%) | $1,850 – $2,300 | 35 |
| 1BR | $2,275 | −$225 (-9.0%) | +$625 (+37.9%) | $2,163 – $2,388 | 2 |
| 2BR | $2,600 | −$150 (-5.5%) | +$350 (+15.6%) | $2,600 – $2,600 | 2 |
| 2BR | $2,500 | −$250 (-9.1%) | +$250 (+11.1%) | $2,300 – $2,600 | 35 |
| 3BR | $3,000 | +$400 (+15.4%) | −$600 (-16.7%) | $2,775 – $3,846 | 28 |
| 3BR | $3,000 | +$400 (+15.4%) | −$600 (-16.7%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — December 2022
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $2,098 | −$497 (-23.7%) |
| Studio | $1,600 | $2,098 | −$497 (-23.7%) |
| 1BR | $2,000 | $2,222 | −$221 (-10.0%) |
| 1BR | $2,275 | $2,222 | +$54 (+2.4%) |
| 2BR | $2,600 | $2,700 | −$100 (-3.7%) |
| 2BR | $2,500 | $2,700 | −$200 (-7.4%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.