Monthly Rent Report
Borough Park Rent Report — October 2021
Asking rents in ZIP 11219, New York City, from 8 listings.
Median 1BR rent in Borough Park was $1,600 in October 2021, up 0.2% (+$3) from September 2021 and down 7.2% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Borough Park $275 below the New York City citywide 1BR median of $1,875. The month's figures are based on 8 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. October 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,325 | −$25 (-1.9%) | −$570 (-30.1%) | $1,325 – $1,325 | 2 |
| 1BR | $1,600 | +$3 (+0.2%) | −$125 (-7.2%) | $1,600 – $1,600 | 1 |
| 2BR | $1,925 | −$275 (-12.5%) | +$100 (+5.5%) | $1,887 – $1,962 | 2 |
| 3BR | $2,865 | +$465 (+19.4%) | +$516 (+21.9%) | $2,532 – $3,197 | 2 |
| 4BR | $3,500 | +$1,200 (+52.2%) | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — October 2021
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,325 | $1,800 | −$475 (-26.4%) |
| 1BR | $1,600 | $1,875 | −$275 (-14.7%) |
| 2BR | $1,925 | $2,295 | −$370 (-16.1%) |
| 3BR | $2,865 | $2,788 | +$77 (+2.8%) |
| 4BR | $3,500 | $3,426 | +$74 (+2.2%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in October 2021.