Monthly Rent Report
Borough Park Rent Report — June 2020
Asking rents in ZIP 11219, New York City, from 60 listings.
Median 1BR rent in Borough Park was $1,600 in June 2020. The middle half of 1BR listings asked between $1,599 and $2,000. That puts Borough Park $251 below the New York City citywide 1BR median of $1,851. The month's figures are based on 60 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$513 (+39.9%) | — | $1,700 – $1,900 | 2 |
| Studio | $2,000 | +$713 (+55.4%) | — | $2,000 – $2,000 | 1 |
| 1BR | $1,600 | — | — | $1,599 – $2,000 | 13 |
| 1BR | $1,950 | — | — | $1,775 – $2,125 | 2 |
| 2BR | $1,900 | +$50 (+2.7%) | — | $1,850 – $1,900 | 14 |
| 2BR | $1,900 | +$50 (+2.7%) | — | $1,819 – $1,963 | 24 |
| 3BR | $2,600 | +$500 (+23.8%) | — | $2,600 – $2,600 | 1 |
| 3BR | $2,600 | +$500 (+23.8%) | — | $2,600 – $2,600 | 1 |
| 4BR | $2,600 | — | — | $2,600 – $2,600 | 1 |
| 4BR | $2,600 | — | — | $2,600 – $2,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2020. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — June 2020
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,725 | +$75 (+4.3%) |
| Studio | $2,000 | $1,725 | +$275 (+15.9%) |
| 1BR | $1,600 | $1,851 | −$250 (-13.5%) |
| 1BR | $1,950 | $1,851 | +$100 (+5.4%) |
| 2BR | $1,900 | $2,300 | −$400 (-17.4%) |
| 2BR | $1,900 | $2,300 | −$400 (-17.4%) |
| 3BR | $2,600 | $2,658 | −$58 (-2.2%) |
| 3BR | $2,600 | $2,658 | −$58 (-2.2%) |
| 4BR | $2,600 | $3,250 | −$650 (-20.0%) |
| 4BR | $2,600 | $3,250 | −$650 (-20.0%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in June 2020.