Monthly Rent Report
Borough Park Rent Report — November 2021
Asking rents in ZIP 11219, New York City, from 6 listings.
Median 1BR rent in Borough Park was $1,600 in November 2021, flat versus October 2021 and down 29.4% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Borough Park $313 below the New York City citywide 1BR median of $1,913. The month's figures are based on 6 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2021 | Vs. November 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | +$670 (+50.6%) | — | $1,995 – $1,995 | 1 |
| 1BR | $1,600 | $0 (0.0%) | −$667 (-29.4%) | $1,600 – $1,600 | 1 |
| 2BR | $3,100 | +$1,176 (+61.1%) | +$1,450 (+87.9%) | $3,100 – $3,100 | 1 |
| 3BR | $2,800 | −$64 (-2.3%) | +$400 (+16.7%) | $2,300 – $2,900 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2021. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — November 2021
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,774 | +$222 (+12.5%) |
| 1BR | $1,600 | $1,913 | −$312 (-16.3%) |
| 2BR | $3,100 | $2,272 | +$828 (+36.4%) |
| 3BR | $2,800 | $2,800 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 164 New York City zip codes with listings in November 2021.