Monthly Rent Report
Bedford-Stuyvesant Rent Report — August 2023
Asking rents in ZIP 11216, New York City, from 69 listings.
Median 1BR rent in Bedford-Stuyvesant was $2,600 in August 2023, down 13.3% (−$399) from July 2023 and down 5.5% year-over-year. The middle half of 1BR listings asked between $2,600 and $2,600. That puts Bedford-Stuyvesant $250 above the New York City citywide 1BR median of $2,350. The month's figures are based on 69 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$2,149 (-59.7%) | −$850 (-37.0%) | $1,435 – $1,465 | 2 |
| Studio | $2,400 | −$1,199 (-33.3%) | +$100 (+4.3%) | $2,400 – $2,400 | 2 |
| 1BR | $2,600 | −$399 (-13.3%) | −$150 (-5.5%) | $2,600 – $2,600 | 1 |
| 1BR | $2,875 | −$124 (-4.1%) | +$125 (+4.5%) | $2,598 – $2,925 | 11 |
| 2BR | $3,550 | +$800 (+29.1%) | +$100 (+2.9%) | $3,550 – $3,550 | 1 |
| 2BR | $3,350 | +$600 (+21.8%) | −$100 (-2.9%) | $3,000 – $4,411 | 12 |
| 3BR | $3,998 | −$302 (-7.0%) | −$2 (-0.1%) | $3,612 – $4,725 | 14 |
| 3BR | $5,500 | +$1,200 (+27.9%) | +$1,500 (+37.5%) | $5,500 – $5,500 | 1 |
| 4BR | $5,950 | +$1,355 (+29.5%) | +$1,750 (+41.7%) | $3,850 – $7,900 | 6 |
| 4BR | $3,500 | −$1,095 (-23.8%) | −$700 (-16.7%) | $3,500 – $3,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Bedford-Stuyvesant vs. New York City — August 2023
| Bedrooms | Bedford-Stuyvesant Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $2,490 | −$1,040 (-41.8%) |
| Studio | $2,400 | $2,490 | −$90 (-3.6%) |
| 1BR | $2,600 | $2,350 | +$250 (+10.6%) |
| 1BR | $2,875 | $2,350 | +$525 (+22.3%) |
| 2BR | $3,550 | $2,859 | +$691 (+24.2%) |
| 2BR | $3,350 | $2,859 | +$491 (+17.2%) |
| 3BR | $3,998 | $3,413 | +$585 (+17.1%) |
| 3BR | $5,500 | $3,413 | +$2,088 (+61.2%) |
| 4BR | $5,950 | $4,200 | +$1,750 (+41.7%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.