Monthly Rent Report
Bay Ridge Rent Report — February 2023
Asking rents in ZIP 11209, New York City, from 143 listings.
Median 1BR rent in Bay Ridge was $2,000 in February 2023, down 0.0% ($0) from January 2023 and up 17.6% year-over-year. The middle half of 1BR listings asked between $1,900 and $2,261. That puts Bay Ridge $200 below the New York City citywide 1BR median of $2,200. The month's figures are based on 143 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | +$50 (+3.1%) | +$151 (+10.1%) | $1,550 – $2,825 | 3 |
| Studio | $1,650 | +$50 (+3.1%) | +$151 (+10.1%) | $1,538 – $1,663 | 19 |
| 1BR | $2,000 | $0 (-0.0%) | +$300 (+17.6%) | $1,900 – $2,261 | 32 |
| 1BR | $1,675 | −$325 (-16.3%) | −$25 (-1.5%) | $1,675 – $1,675 | 1 |
| 2BR | $2,550 | $0 (0.0%) | +$350 (+15.9%) | $2,300 – $3,000 | 36 |
| 2BR | $2,300 | −$250 (-9.8%) | +$100 (+4.5%) | $2,300 – $2,300 | 1 |
| 3BR | $2,400 | −$600 (-20.0%) | +$200 (+9.1%) | $2,400 – $2,400 | 1 |
| 3BR | $3,400 | +$400 (+13.3%) | +$1,200 (+54.5%) | $3,000 – $3,925 | 44 |
| 4BR | $4,000 | — | +$416 (+11.6%) | $4,000 – $4,750 | 3 |
| 4BR | $4,000 | — | +$416 (+11.6%) | $4,000 – $4,750 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — February 2023
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $2,260 | −$610 (-27.0%) |
| Studio | $1,650 | $2,260 | −$610 (-27.0%) |
| 1BR | $2,000 | $2,200 | −$200 (-9.1%) |
| 1BR | $1,675 | $2,200 | −$524 (-23.8%) |
| 2BR | $2,550 | $2,695 | −$145 (-5.4%) |
| 2BR | $2,300 | $2,695 | −$395 (-14.7%) |
| 3BR | $2,400 | $3,200 | −$800 (-25.0%) |
| 3BR | $3,400 | $3,200 | +$200 (+6.3%) |
| 4BR | $4,000 | $3,800 | +$200 (+5.3%) |
| 4BR | $4,000 | $3,800 | +$200 (+5.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.