Monthly Rent Report
Bay Ridge Rent Report — November 2023
Asking rents in ZIP 11209, New York City, from 29 listings.
Median 1BR rent in Bay Ridge was $2,098 in November 2023, up 4.9% (+$98) from October 2023 and up 8.4% year-over-year. The middle half of 1BR listings asked between $2,046 and $2,149. That puts Bay Ridge $303 below the New York City citywide 1BR median of $2,400. The month's figures are based on 29 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$50 (-2.9%) | +$150 (+9.7%) | $1,700 – $1,700 | 1 |
| Studio | $1,700 | −$50 (-2.9%) | +$150 (+9.7%) | $1,613 – $2,000 | 18 |
| 1BR | $2,098 | +$98 (+4.9%) | +$163 (+8.4%) | $2,046 – $2,149 | 2 |
| 1BR | $1,999 | −$1 (-0.1%) | +$64 (+3.3%) | $1,999 – $1,999 | 1 |
| 2BR | $2,700 | $0 (0.0%) | +$100 (+3.8%) | $2,700 – $2,700 | 1 |
| 2BR | $2,950 | +$250 (+9.3%) | +$350 (+13.5%) | $2,950 – $2,950 | 4 |
| 3BR | $2,700 | −$525 (-16.3%) | $0 (0.0%) | $2,700 – $2,700 | 1 |
| 3BR | $2,700 | −$525 (-16.3%) | $0 (0.0%) | $2,700 – $2,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — November 2023
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $2,395 | −$695 (-29.0%) |
| Studio | $1,700 | $2,395 | −$695 (-29.0%) |
| 1BR | $2,098 | $2,400 | −$302 (-12.6%) |
| 1BR | $1,999 | $2,400 | −$401 (-16.7%) |
| 2BR | $2,700 | $2,798 | −$97 (-3.5%) |
| 2BR | $2,950 | $2,798 | +$153 (+5.5%) |
| 3BR | $2,700 | $3,300 | −$600 (-18.2%) |
| 3BR | $2,700 | $3,300 | −$600 (-18.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.