Monthly Rent Report
Borough Park Rent Report — June 2021
Asking rents in ZIP 11219, New York City, from 43 listings.
Median 1BR rent in Borough Park was $1,600 in June 2021, flat versus May 2021 and unchanged year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Borough Park $250 below the New York City citywide 1BR median of $1,850. The month's figures are based on 43 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2021 | Vs. June 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | $0 (0.0%) | +$95 (+5.3%) | $1,895 – $1,895 | 1 |
| Studio | $1,895 | $0 (0.0%) | +$95 (+5.3%) | $1,895 – $1,895 | 1 |
| 1BR | $1,600 | $0 (0.0%) | $0 (0.0%) | $1,600 – $1,600 | 3 |
| 1BR | $1,600 | $0 (0.0%) | $0 (0.0%) | $1,524 – $1,625 | 15 |
| 2BR | $1,850 | +$150 (+8.8%) | −$50 (-2.6%) | $1,775 – $2,038 | 15 |
| 2BR | $1,938 | +$238 (+14.0%) | +$38 (+2.0%) | $1,863 – $2,069 | 6 |
| 3BR | $2,250 | +$150 (+7.1%) | −$350 (-13.5%) | $2,250 – $2,250 | 1 |
| 3BR | $3,250 | +$1,150 (+54.8%) | +$650 (+25.0%) | $3,250 – $3,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2021. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — June 2021
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,736 | +$159 (+9.1%) |
| Studio | $1,895 | $1,736 | +$159 (+9.1%) |
| 1BR | $1,600 | $1,850 | −$250 (-13.5%) |
| 1BR | $1,600 | $1,850 | −$250 (-13.5%) |
| 2BR | $1,850 | $2,200 | −$350 (-15.9%) |
| 2BR | $1,938 | $2,200 | −$262 (-11.9%) |
| 3BR | $2,250 | $2,655 | −$404 (-15.2%) |
| 3BR | $3,250 | $2,655 | +$596 (+22.4%) |
Citywide figure is the median of zip-level medians across 164 New York City zip codes with listings in June 2021.