Monthly Rent Report
Bay Ridge Rent Report — November 2024
Asking rents in ZIP 11209, New York City, from 16 listings.
Median 1BR rent in Bay Ridge was $1,800 in November 2024, up 63.6% (+$700) from October 2024 and down 10.0% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Bay Ridge $650 below the New York City citywide 1BR median of $2,450. The month's figures are based on 16 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,738 | −$57 (-3.2%) | +$38 (+2.2%) | $1,706 – $1,769 | 2 |
| 1BR | $1,800 | +$700 (+63.6%) | −$199 (-10.0%) | $1,800 – $1,800 | 1 |
| 1BR | $2,050 | +$950 (+86.4%) | +$51 (+2.6%) | $2,025 – $2,075 | 2 |
| 2BR | $2,898 | +$123 (+4.4%) | −$52 (-1.8%) | $2,846 – $2,949 | 2 |
| 3BR | $3,000 | −$825 (-21.6%) | +$300 (+11.1%) | $2,875 – $3,350 | 7 |
| 4BR | $3,700 | +$100 (+2.8%) | — | $3,650 – $3,750 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Bay Ridge vs. New York City — November 2024
| Bedrooms | Bay Ridge Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,738 | $2,383 | −$645 (-27.1%) |
| 1BR | $1,800 | $2,450 | −$650 (-26.5%) |
| 1BR | $2,050 | $2,450 | −$400 (-16.3%) |
| 2BR | $2,898 | $2,950 | −$52 (-1.8%) |
| 3BR | $3,000 | $3,600 | −$600 (-16.7%) |
| 4BR | $3,700 | $4,375 | −$675 (-15.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.