Monthly Rent Report

Bedford-Stuyvesant Rent Report — May 2023

Asking rents in ZIP 11233, New York City, from 325 listings.

Median 1BR rent in Bedford-Stuyvesant was $1,350 in May 2023, down 44.3% (−$1,075) from April 2023 and down 43.8% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Bedford-Stuyvesant $1,127 below the New York City citywide 1BR median of $2,477. The month's figures are based on 325 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2023Vs. May 2022P25–P75 RangeListings
Studio$2,350+$178 (+8.2%)+$600 (+34.3%)$2,200 – $2,4009
Studio$2,375+$203 (+9.3%)+$625 (+35.7%)$2,261 – $2,4254
1BR$1,350−$1,075 (-44.3%)−$1,050 (-43.8%)$1,350 – $1,3501
1BR$2,550+$125 (+5.1%)+$150 (+6.2%)$2,254 – $2,72544
2BR$2,858+$158 (+5.8%)+$458 (+19.1%)$2,600 – $3,337108
2BR$2,650−$50 (-1.9%)+$250 (+10.4%)$2,600 – $2,99422
3BR$3,250+$35 (+1.1%)+$1,075 (+49.4%)$2,995 – $3,762108
3BR$2,995−$220 (-6.8%)+$820 (+37.7%)$2,995 – $2,9951
4BR$3,750−$50 (-1.3%)−$250 (-6.3%)$3,349 – $4,00020
4BR$3,299−$501 (-13.2%)−$701 (-17.5%)$3,099 – $3,4494

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 CityMay 2023

BedroomsBedford-Stuyvesant MedianNYC Citywide MedianDifference
Studio$2,350$2,450−$100 (-4.1%)
Studio$2,375$2,450−$75 (-3.1%)
1BR$1,350$2,477−$1,127 (-45.5%)
1BR$2,550$2,477+$72 (+2.9%)
2BR$2,858$2,800+$58 (+2.1%)
2BR$2,650$2,800−$150 (-5.4%)
3BR$3,250$3,225+$25 (+0.8%)
3BR$2,995$3,225−$230 (-7.1%)
4BR$3,750$4,000−$250 (-6.3%)
4BR$3,299$4,000−$701 (-17.5%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.

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