Monthly Rent Report
Bay Ridge Rent Report — June 2024
Asking rents in ZIP 11209, New York City, from 309 listings.
Median 1BR rent in Bay Ridge was $2,100 in June 2024, down 22.2% (−$600) from May 2024 and down 26.3% year-over-year. The middle half of 1BR listings asked between $1,900 and $2,400. That puts Bay Ridge $350 below the New York City citywide 1BR median of $2,450. The month's figures are based on 309 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | $0 (0.0%) | +$25 (+1.5%) | $1,573 – $1,700 | 15 |
| Studio | $1,650 | $0 (0.0%) | +$25 (+1.5%) | $1,595 – $1,700 | 17 |
| 1BR | $2,100 | −$600 (-22.2%) | −$750 (-26.3%) | $1,900 – $2,400 | 83 |
| 1BR | $2,248 | −$452 (-16.8%) | −$602 (-21.1%) | $2,174 – $2,321 | 2 |
| 2BR | $2,700 | −$25 (-0.9%) | +$50 (+1.9%) | $2,350 – $2,995 | 82 |
| 2BR | $2,700 | −$25 (-0.9%) | +$50 (+1.9%) | $2,500 – $3,000 | 3 |
| 3BR | $3,500 | +$400 (+12.9%) | +$500 (+16.7%) | $2,800 – $3,860 | 55 |
| 3BR | $3,500 | +$400 (+12.9%) | +$500 (+16.7%) | $2,838 – $3,860 | 48 |
| 4BR | $3,700 | +$300 (+8.8%) | — | $3,700 – $3,700 | 2 |
| 4BR | $3,700 | +$300 (+8.8%) | — | $3,700 – $3,700 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — June 2024
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $2,440 | −$790 (-32.4%) |
| Studio | $1,650 | $2,440 | −$790 (-32.4%) |
| 1BR | $2,100 | $2,450 | −$350 (-14.3%) |
| 1BR | $2,248 | $2,450 | −$202 (-8.3%) |
| 2BR | $2,700 | $2,900 | −$200 (-6.9%) |
| 2BR | $2,700 | $2,900 | −$200 (-6.9%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 4BR | $3,700 | $4,256 | −$556 (-13.1%) |
| 4BR | $3,700 | $4,256 | −$556 (-13.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.