Monthly Rent Report
Bay Ridge Rent Report — April 2024
Asking rents in ZIP 11209, New York City, from 247 listings.
Median 1BR rent in Bay Ridge was $2,050 in April 2024, down 6.8% (−$149) from March 2024 and up 7.9% year-over-year. The middle half of 1BR listings asked between $1,975 and $2,250. That puts Bay Ridge $450 below the New York City citywide 1BR median of $2,500. The month's figures are based on 247 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,899 | −$101 (-5.1%) | +$99 (+5.5%) | $1,725 – $2,100 | 19 |
| Studio | $1,850 | −$150 (-7.5%) | +$50 (+2.8%) | $1,700 – $1,975 | 10 |
| 1BR | $2,050 | −$149 (-6.8%) | +$150 (+7.9%) | $1,975 – $2,250 | 79 |
| 1BR | $2,185 | −$14 (-0.6%) | +$285 (+15.0%) | $1,995 – $2,261 | 48 |
| 2BR | $2,750 | −$250 (-8.3%) | +$250 (+10.0%) | $2,500 – $3,125 | 56 |
| 2BR | $2,750 | −$250 (-8.3%) | +$250 (+10.0%) | $2,750 – $2,750 | 1 |
| 3BR | $3,300 | −$350 (-9.6%) | +$850 (+34.7%) | $3,100 – $3,860 | 13 |
| 3BR | $3,300 | −$350 (-9.6%) | +$850 (+34.7%) | $3,200 – $3,860 | 21 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — April 2024
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,899 | $2,491 | −$592 (-23.8%) |
| Studio | $1,850 | $2,491 | −$641 (-25.7%) |
| 1BR | $2,050 | $2,500 | −$450 (-18.0%) |
| 1BR | $2,185 | $2,500 | −$315 (-12.6%) |
| 2BR | $2,750 | $2,995 | −$245 (-8.2%) |
| 2BR | $2,750 | $2,995 | −$245 (-8.2%) |
| 3BR | $3,300 | $3,500 | −$200 (-5.7%) |
| 3BR | $3,300 | $3,500 | −$200 (-5.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.