Monthly Rent Report
Borough Park Rent Report — November 2020
Asking rents in ZIP 11219, New York City, from 5 listings.
Median 1BR rent in Borough Park was $2,267 in November 2020, up 31.4% (+$542) from October 2020 and up 35.3% year-over-year. The middle half of 1BR listings asked between $2,267 and $2,267. That puts Borough Park $467 above the New York City citywide 1BR median of $1,800. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2020 | Vs. November 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,267 | +$542 (+31.4%) | +$592 (+35.3%) | $2,267 – $2,267 | 1 |
| 2BR | $1,650 | −$175 (-9.6%) | −$275 (-14.3%) | $1,650 – $1,650 | 1 |
| 3BR | $2,400 | +$51 (+2.2%) | +$600 (+33.3%) | $2,400 – $2,400 | 1 |
| 4BR | $2,900 | — | +$553 (+23.5%) | $2,850 – $2,950 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2020. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — November 2020
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,267 | $1,800 | +$467 (+25.9%) |
| 2BR | $1,650 | $2,200 | −$550 (-25.0%) |
| 3BR | $2,400 | $2,650 | −$250 (-9.4%) |
| 4BR | $2,900 | $3,313 | −$412 (-12.5%) |
Citywide figure is the median of zip-level medians across 167 New York City zip codes with listings in November 2020.