Monthly Rent Report
Borough Park Rent Report — April 2021
Asking rents in ZIP 11219, New York City, from 53 listings.
Median 1BR rent in Borough Park was $1,525 in April 2021, down 8.9% (−$149) from March 2021 and down 4.4% year-over-year. The middle half of 1BR listings asked between $1,495 and $2,175. That puts Borough Park $275 below the New York City citywide 1BR median of $1,800. The month's figures are based on 53 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2021 | Vs. April 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | $0 (0.0%) | — | $1,750 – $1,995 | 5 |
| Studio | $1,923 | −$72 (-3.6%) | — | $1,909 – $1,936 | 2 |
| 1BR | $1,525 | −$149 (-8.9%) | −$70 (-4.4%) | $1,495 – $2,175 | 15 |
| 1BR | $1,600 | −$74 (-4.4%) | +$5 (+0.3%) | $1,600 – $1,600 | 1 |
| 2BR | $1,700 | −$300 (-15.0%) | −$750 (-30.6%) | $1,700 – $1,700 | 1 |
| 2BR | $1,800 | −$200 (-10.0%) | −$650 (-26.5%) | $1,720 – $2,100 | 13 |
| 3BR | $2,400 | +$176 (+7.9%) | +$100 (+4.3%) | $2,400 – $2,400 | 1 |
| 3BR | $2,150 | −$74 (-3.3%) | −$150 (-6.5%) | $2,000 – $2,300 | 13 |
| 4BR | $2,700 | — | +$400 (+17.4%) | $2,700 – $2,700 | 1 |
| 4BR | $2,700 | — | +$400 (+17.4%) | $2,700 – $2,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2021. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — April 2021
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,709 | +$286 (+16.7%) |
| Studio | $1,923 | $1,709 | +$213 (+12.5%) |
| 1BR | $1,525 | $1,800 | −$275 (-15.3%) |
| 1BR | $1,600 | $1,800 | −$200 (-11.1%) |
| 2BR | $1,700 | $2,200 | −$500 (-22.7%) |
| 2BR | $1,800 | $2,200 | −$400 (-18.2%) |
| 3BR | $2,400 | $2,573 | −$172 (-6.7%) |
| 3BR | $2,150 | $2,573 | −$422 (-16.4%) |
| 4BR | $2,700 | $3,000 | −$300 (-10.0%) |
| 4BR | $2,700 | $3,000 | −$300 (-10.0%) |
Citywide figure is the median of zip-level medians across 163 New York City zip codes with listings in April 2021.