Monthly Rent Report
Bay Ridge Rent Report — June 2023
Asking rents in ZIP 11209, New York City, from 68 listings.
Median 1BR rent in Bay Ridge was $2,200 in June 2023, flat versus May 2023 and down 15.4% year-over-year. The middle half of 1BR listings asked between $1,950 and $2,475. That puts Bay Ridge $288 below the New York City citywide 1BR median of $2,488. The month's figures are based on 68 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | +$305 (+17.0%) | +$450 (+27.3%) | $2,100 – $2,100 | 1 |
| Studio | $1,625 | −$170 (-9.5%) | −$25 (-1.5%) | $1,563 – $1,688 | 4 |
| 1BR | $2,200 | $0 (0.0%) | −$400 (-15.4%) | $1,950 – $2,475 | 26 |
| 1BR | $2,850 | +$650 (+29.5%) | +$250 (+9.6%) | $2,850 – $2,856 | 4 |
| 2BR | $2,700 | +$100 (+3.8%) | −$100 (-3.6%) | $2,600 – $3,100 | 23 |
| 2BR | $2,650 | +$50 (+1.9%) | −$150 (-5.4%) | $2,650 – $2,650 | 1 |
| 3BR | $2,900 | −$100 (-3.3%) | −$100 (-3.3%) | $2,671 – $3,100 | 8 |
| 3BR | $3,000 | $0 (0.0%) | $0 (0.0%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — June 2023
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $2,500 | −$400 (-16.0%) |
| Studio | $1,625 | $2,500 | −$875 (-35.0%) |
| 1BR | $2,200 | $2,488 | −$287 (-11.6%) |
| 1BR | $2,850 | $2,488 | +$363 (+14.6%) |
| 2BR | $2,700 | $2,828 | −$128 (-4.5%) |
| 2BR | $2,650 | $2,828 | −$178 (-6.3%) |
| 3BR | $2,900 | $3,300 | −$400 (-12.1%) |
| 3BR | $3,000 | $3,300 | −$300 (-9.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.