Monthly Rent Report
Borough Park Rent Report — April 2022
Asking rents in ZIP 11219, New York City, from 17 listings.
Median 1BR rent in Borough Park was $1,800 in April 2022, down 21.6% (−$495) from March 2022 and up 12.5% year-over-year. The middle half of 1BR listings asked between $1,550 and $2,525. That puts Borough Park $195 below the New York City citywide 1BR median of $1,995. The month's figures are based on 17 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,863 | +$338 (+22.1%) | −$132 (-6.6%) | $1,694 – $2,031 | 2 |
| 1BR | $1,800 | −$495 (-21.6%) | +$200 (+12.5%) | $1,550 – $2,525 | 8 |
| 2BR | $3,200 | +$849 (+36.1%) | +$1,500 (+88.2%) | $3,200 – $3,200 | 1 |
| 3BR | $2,900 | +$600 (+26.1%) | +$750 (+34.9%) | $2,900 – $2,900 | 2 |
| 4BR | $2,900 | — | +$200 (+7.4%) | $2,900 – $2,900 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — April 2022
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,863 | $1,863 | $0 (0.0%) |
| 1BR | $1,800 | $1,995 | −$195 (-9.8%) |
| 2BR | $3,200 | $2,500 | +$700 (+28.0%) |
| 3BR | $2,900 | $3,000 | −$100 (-3.3%) |
| 4BR | $2,900 | $3,600 | −$700 (-19.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2022.