Monthly Rent Report
Borough Park Rent Report — May 2020
Asking rents in ZIP 11219, New York City, from 16 listings.
Median Studio rent in Borough Park was $1,287 in May 2020. The middle half of Studio listings asked between $1,275 and $1,299. That puts Borough Park $488 below the New York City citywide Studio median of $1,775. The month's figures are based on 16 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,287 | — | — | $1,275 – $1,299 | 4 |
| Studio | $1,287 | — | — | $1,275 – $1,299 | 4 |
| 2BR | $1,850 | −$600 (-24.5%) | — | $1,850 – $1,850 | 2 |
| 2BR | $1,850 | −$600 (-24.5%) | — | $1,850 – $1,850 | 2 |
| 3BR | $2,100 | −$200 (-8.7%) | — | $2,000 – $2,200 | 2 |
| 3BR | $2,100 | −$200 (-8.7%) | — | $2,000 – $2,200 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2020. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — May 2020
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,287 | $1,775 | −$488 (-27.5%) |
| Studio | $1,287 | $1,775 | −$488 (-27.5%) |
| 2BR | $1,850 | $2,231 | −$381 (-17.1%) |
| 2BR | $1,850 | $2,231 | −$381 (-17.1%) |
| 3BR | $2,100 | $2,526 | −$426 (-16.9%) |
| 3BR | $2,100 | $2,526 | −$426 (-16.9%) |
Citywide figure is the median of zip-level medians across 163 New York City zip codes with listings in May 2020.