Monthly Rent Report
Borough Park Rent Report — December 2019
Asking rents in ZIP 11219, New York City, from 110 listings.
Median 1BR rent in Borough Park was $1,610 in December 2019, down 3.9% (−$65) from November 2019. The middle half of 1BR listings asked between $1,588 and $1,675. That puts Borough Park $264 below the New York City citywide 1BR median of $1,874. The month's figures are based on 110 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2019 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | $0 (0.0%) | — | $1,900 – $2,100 | 3 |
| Studio | $1,900 | $0 (0.0%) | — | $1,900 – $2,100 | 3 |
| 1BR | $1,610 | −$65 (-3.9%) | — | $1,588 – $1,675 | 16 |
| 1BR | $1,610 | −$65 (-3.9%) | — | $1,588 – $1,675 | 16 |
| 2BR | $2,095 | +$170 (+8.8%) | — | $1,950 – $2,300 | 21 |
| 2BR | $2,095 | +$170 (+8.8%) | — | $1,950 – $2,300 | 21 |
| 3BR | $2,500 | +$50 (+2.0%) | — | $2,413 – $2,725 | 10 |
| 3BR | $2,500 | +$50 (+2.0%) | — | $2,413 – $2,725 | 10 |
| 4BR | $2,450 | +$103 (+4.4%) | — | $2,250 – $2,600 | 5 |
| 4BR | $2,450 | +$103 (+4.4%) | — | $2,250 – $2,600 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2019. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — December 2019
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $1,763 | +$137 (+7.8%) |
| Studio | $1,900 | $1,763 | +$137 (+7.8%) |
| 1BR | $1,610 | $1,874 | −$264 (-14.1%) |
| 1BR | $1,610 | $1,874 | −$264 (-14.1%) |
| 2BR | $2,095 | $2,200 | −$105 (-4.8%) |
| 2BR | $2,095 | $2,200 | −$105 (-4.8%) |
| 3BR | $2,500 | $2,525 | −$25 (-1.0%) |
| 3BR | $2,500 | $2,525 | −$25 (-1.0%) |
| 4BR | $2,450 | $3,250 | −$800 (-24.6%) |
| 4BR | $2,450 | $3,250 | −$800 (-24.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2019.