Monthly Rent Report
Borough Park Rent Report — January 2021
Asking rents in ZIP 11219, New York City, from 3 listings.
Median 1BR rent in Borough Park was $1,700 in January 2021, up 13.3% (+$200) from December 2020 and unchanged year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Borough Park in line with the New York City citywide 1BR median of $1,723. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2020 | Vs. January 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,700 | +$200 (+13.3%) | $0 (0.0%) | $1,700 – $1,700 | 1 |
| 2BR | $1,900 | — | −$195 (-9.3%) | $1,900 – $1,900 | 1 |
| 3BR | $2,200 | +$320 (+17.0%) | −$300 (-12.0%) | $2,200 – $2,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2021. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — January 2021
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,700 | $1,723 | −$22 (-1.3%) |
| 2BR | $1,900 | $2,200 | −$300 (-13.6%) |
| 3BR | $2,200 | $2,500 | −$300 (-12.0%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in January 2021.