Monthly Rent Report
Borough Park Rent Report — January 2022
Asking rents in ZIP 11219, New York City, from 9 listings.
Median 1BR rent in Borough Park was $2,261 in January 2022, up 41.3% (+$661) from December 2021 and up 33.0% year-over-year. The middle half of 1BR listings asked between $2,261 and $2,261. That puts Borough Park $311 above the New York City citywide 1BR median of $1,950. The month's figures are based on 9 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2021 | Vs. January 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,261 | +$661 (+41.3%) | +$561 (+33.0%) | $2,261 – $2,261 | 1 |
| 2BR | $2,995 | +$1,145 (+61.9%) | +$1,095 (+57.6%) | $2,995 – $2,995 | 1 |
| 3BR | $2,500 | +$300 (+13.6%) | +$300 (+13.6%) | $2,500 – $2,500 | 5 |
| 4BR | $2,800 | — | — | $2,800 – $2,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2022. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — January 2022
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,261 | $1,950 | +$311 (+15.9%) |
| 2BR | $2,995 | $2,327 | +$668 (+28.7%) |
| 3BR | $2,500 | $2,700 | −$200 (-7.4%) |
| 4BR | $2,800 | $3,500 | −$700 (-20.0%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in January 2022.