Monthly Rent Report
Borough Park Rent Report — December 2020
Asking rents in ZIP 11219, New York City, from 2 listings.
Median 1BR rent in Borough Park was $1,500 in December 2020, down 33.8% (−$767) from November 2020 and down 6.8% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Borough Park $295 below the New York City citywide 1BR median of $1,795. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2020 | Vs. December 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,500 | −$767 (-33.8%) | −$110 (-6.8%) | $1,500 – $1,500 | 1 |
| 3BR | $1,880 | −$520 (-21.7%) | −$620 (-24.8%) | $1,880 – $1,880 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2020. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — December 2020
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,500 | $1,795 | −$295 (-16.4%) |
| 3BR | $1,880 | $2,500 | −$620 (-24.8%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in December 2020.