Monthly Rent Report
Bay Ridge Rent Report — September 2024
Asking rents in ZIP 11209, New York City, from 60 listings.
Median 1BR rent in Bay Ridge was $1,800 in September 2024, down 10.0% (−$200) from August 2024 and down 9.8% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Bay Ridge $593 below the New York City citywide 1BR median of $2,393. The month's figures are based on 60 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | +$20 (+1.1%) | +$45 (+2.6%) | $1,723 – $1,973 | 7 |
| 1BR | $1,800 | −$200 (-10.0%) | −$195 (-9.8%) | $1,800 – $1,800 | 1 |
| 2BR | $2,595 | −$405 (-13.5%) | −$2 (-0.1%) | $2,350 – $2,875 | 25 |
| 3BR | $3,300 | +$300 (+10.0%) | +$550 (+20.0%) | $3,025 – $3,675 | 26 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — September 2024
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $2,369 | −$574 (-24.2%) |
| 1BR | $1,800 | $2,393 | −$593 (-24.8%) |
| 2BR | $2,595 | $2,900 | −$305 (-10.5%) |
| 3BR | $3,300 | $3,598 | −$297 (-8.3%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.