Monthly Rent Report
Borough Park Rent Report — April 2020
Asking rents in ZIP 11219, New York City, from 17 listings.
Median 1BR rent in Borough Park was $1,595 in April 2020, down 10.0% (−$177) from March 2020. The middle half of 1BR listings asked between $1,595 and $1,595. That puts Borough Park $304 below the New York City citywide 1BR median of $1,899. The month's figures are based on 17 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,595 | −$177 (-10.0%) | — | $1,595 – $1,595 | 1 |
| 1BR | $1,595 | −$177 (-10.0%) | — | $1,595 – $1,595 | 1 |
| 2BR | $2,450 | +$650 (+36.1%) | — | $2,450 – $2,450 | 1 |
| 2BR | $2,450 | +$650 (+36.1%) | — | $2,450 – $2,450 | 1 |
| 3BR | $2,300 | −$300 (-11.5%) | — | $2,200 – $2,500 | 7 |
| 3BR | $2,500 | −$100 (-3.8%) | — | $2,375 – $2,600 | 4 |
| 4BR | $2,300 | −$200 (-8.0%) | — | $2,300 – $2,300 | 1 |
| 4BR | $2,300 | −$200 (-8.0%) | — | $2,300 – $2,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2020. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — April 2020
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,595 | $1,899 | −$304 (-16.0%) |
| 1BR | $1,595 | $1,899 | −$304 (-16.0%) |
| 2BR | $2,450 | $2,300 | +$150 (+6.5%) |
| 2BR | $2,450 | $2,300 | +$150 (+6.5%) |
| 3BR | $2,300 | $2,600 | −$300 (-11.5%) |
| 3BR | $2,500 | $2,600 | −$100 (-3.8%) |
| 4BR | $2,300 | $3,250 | −$949 (-29.2%) |
| 4BR | $2,300 | $3,250 | −$949 (-29.2%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in April 2020.