Monthly Rent Report
Borough Park Rent Report — February 2022
Asking rents in ZIP 11219, New York City, from 36 listings.
Median 1BR rent in Borough Park was $1,550 in February 2022, down 31.4% (−$711) from January 2022 and down 8.8% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,675. That puts Borough Park $387 below the New York City citywide 1BR median of $1,937. The month's figures are based on 36 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2022 | Vs. February 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | — | +$625 (+45.5%) | $2,000 – $2,000 | 1 |
| 1BR | $1,550 | −$711 (-31.4%) | −$150 (-8.8%) | $1,500 – $1,675 | 28 |
| 2BR | $3,100 | +$105 (+3.5%) | +$1,400 (+82.4%) | $3,100 – $3,100 | 1 |
| 3BR | $2,500 | $0 (0.0%) | +$151 (+6.4%) | $2,500 – $2,500 | 3 |
| 4BR | $2,800 | $0 (0.0%) | — | $2,800 – $2,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — February 2022
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $1,835 | +$165 (+9.0%) |
| 1BR | $1,550 | $1,937 | −$386 (-20.0%) |
| 2BR | $3,100 | $2,300 | +$800 (+34.8%) |
| 3BR | $2,500 | $2,800 | −$300 (-10.7%) |
| 4BR | $2,800 | $3,200 | −$400 (-12.5%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in February 2022.