Monthly Rent Report
Borough Park Rent Report — December 2021
Asking rents in ZIP 11219, New York City, from 17 listings.
Median 1BR rent in Borough Park was $1,600 in December 2021, flat versus November 2021 and up 6.7% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Borough Park $350 below the New York City citywide 1BR median of $1,950. The month's figures are based on 17 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. December 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$345 (-17.3%) | — | $1,650 – $1,650 | 1 |
| 1BR | $1,600 | $0 (0.0%) | +$100 (+6.7%) | $1,600 – $1,600 | 1 |
| 2BR | $1,850 | −$1,250 (-40.3%) | — | $1,713 – $2,375 | 10 |
| 3BR | $2,200 | −$600 (-21.4%) | +$320 (+17.0%) | $2,000 – $2,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — December 2021
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,776 | −$126 (-7.1%) |
| 1BR | $1,600 | $1,950 | −$349 (-17.9%) |
| 2BR | $1,850 | $2,300 | −$450 (-19.6%) |
| 3BR | $2,200 | $2,800 | −$600 (-21.4%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in December 2021.