Monthly Rent Report
Bay Ridge Rent Report — April 2023
Asking rents in ZIP 11209, New York City, from 95 listings.
Median 1BR rent in Bay Ridge was $1,900 in April 2023, flat versus March 2023 and down 4.8% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts Bay Ridge $473 below the New York City citywide 1BR median of $2,373. The month's figures are based on 95 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$201 (+12.5%) | +$150 (+9.1%) | $1,800 – $1,800 | 1 |
| Studio | $3,500 | +$1,901 (+118.8%) | +$1,850 (+112.1%) | $1,650 – $4,300 | 7 |
| 1BR | $1,900 | $0 (0.0%) | −$95 (-4.8%) | $1,900 – $1,900 | 1 |
| 1BR | $2,095 | +$195 (+10.3%) | +$100 (+5.0%) | $1,850 – $2,295 | 35 |
| 2BR | $2,500 | −$250 (-9.1%) | +$100 (+4.2%) | $2,175 – $2,775 | 15 |
| 2BR | $2,500 | −$250 (-9.1%) | +$100 (+4.2%) | $2,175 – $2,775 | 15 |
| 3BR | $2,450 | −$1,045 (-29.9%) | −$150 (-5.8%) | $2,450 – $2,450 | 1 |
| 3BR | $3,300 | −$195 (-5.6%) | +$700 (+26.9%) | $2,813 – $3,728 | 14 |
| 4BR | $3,999 | −$1,501 (-27.3%) | +$315 (+8.5%) | $3,450 – $4,050 | 3 |
| 4BR | $3,999 | −$1,501 (-27.3%) | +$315 (+8.5%) | $3,450 – $4,050 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — April 2023
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $2,349 | −$549 (-23.4%) |
| Studio | $3,500 | $2,349 | +$1,151 (+49.0%) |
| 1BR | $1,900 | $2,373 | −$472 (-19.9%) |
| 1BR | $2,095 | $2,373 | −$277 (-11.7%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 3BR | $2,450 | $3,200 | −$750 (-23.4%) |
| 3BR | $3,300 | $3,200 | +$100 (+3.1%) |
| 4BR | $3,999 | $4,148 | −$148 (-3.6%) |
| 4BR | $3,999 | $4,148 | −$148 (-3.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.