Monthly Rent Report
Bedford-Stuyvesant Rent Report — May 2023
Asking rents in ZIP 11216, New York City, from 358 listings.
Median 1BR rent in Bedford-Stuyvesant was $2,967 in May 2023, up 7.0% (+$195) from April 2023 and up 31.9% year-over-year. The middle half of 1BR listings asked between $2,625 and $3,350. That puts Bedford-Stuyvesant $490 above the New York City citywide 1BR median of $2,477. The month's figures are based on 358 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,637 | +$337 (+14.7%) | +$765 (+40.9%) | $2,363 – $2,725 | 14 |
| Studio | $2,350 | +$50 (+2.2%) | +$478 (+25.5%) | $2,350 – $2,350 | 1 |
| 1BR | $2,967 | +$195 (+7.0%) | +$717 (+31.9%) | $2,625 – $3,350 | 10 |
| 1BR | $2,999 | +$227 (+8.2%) | +$749 (+33.3%) | $2,600 – $3,380 | 78 |
| 2BR | $3,313 | −$87 (-2.6%) | +$1,013 (+44.0%) | $3,000 – $3,705 | 88 |
| 2BR | $3,299 | −$101 (-3.0%) | +$999 (+43.4%) | $3,100 – $3,493 | 15 |
| 3BR | $3,500 | $0 (0.0%) | −$999 (-22.2%) | $3,300 – $4,375 | 76 |
| 3BR | $3,413 | −$87 (-2.5%) | −$1,086 (-24.1%) | $3,238 – $3,575 | 12 |
| 4BR | $4,700 | +$105 (+2.3%) | −$800 (-14.5%) | $4,045 – $5,050 | 7 |
| 4BR | $4,700 | +$105 (+2.3%) | −$800 (-14.5%) | $4,000 – $5,514 | 39 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Bedford-Stuyvesant vs. New York City — May 2023
| Bedrooms | Bedford-Stuyvesant Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,637 | $2,450 | +$187 (+7.6%) |
| Studio | $2,350 | $2,450 | −$100 (-4.1%) |
| 1BR | $2,967 | $2,477 | +$490 (+19.8%) |
| 1BR | $2,999 | $2,477 | +$522 (+21.1%) |
| 2BR | $3,313 | $2,800 | +$513 (+18.3%) |
| 2BR | $3,299 | $2,800 | +$499 (+17.8%) |
| 3BR | $3,500 | $3,225 | +$275 (+8.5%) |
| 3BR | $3,413 | $3,225 | +$188 (+5.8%) |
| 4BR | $4,700 | $4,000 | +$700 (+17.5%) |
| 4BR | $4,700 | $4,000 | +$700 (+17.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.