Monthly Rent Report
Borough Park Rent Report — June 2022
Asking rents in ZIP 11219, New York City, from 12 listings.
Median 1BR rent in Borough Park was $1,850 in June 2022, up 7.2% (+$125) from May 2022 and up 15.6% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts Borough Park $390 below the New York City citywide 1BR median of $2,240. The month's figures are based on 12 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | −$900 (-40.9%) | −$595 (-31.4%) | $1,300 – $1,300 | 1 |
| 1BR | $1,850 | +$125 (+7.2%) | +$250 (+15.6%) | $1,850 – $1,850 | 1 |
| 1BR | $2,500 | +$775 (+44.9%) | +$900 (+56.3%) | $2,449 – $2,500 | 4 |
| 2BR | $2,500 | +$300 (+13.6%) | +$563 (+29.0%) | $2,500 – $2,500 | 1 |
| 2BR | $2,778 | +$578 (+26.3%) | +$841 (+43.4%) | $2,539 – $3,017 | 2 |
| 3BR | $2,450 | −$250 (-9.3%) | −$800 (-24.6%) | $2,450 – $2,450 | 1 |
| 3BR | $2,250 | −$450 (-16.7%) | −$1,000 (-30.8%) | $2,250 – $2,250 | 1 |
| 4BR | $3,400 | +$500 (+17.2%) | — | $3,400 – $3,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — June 2022
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $2,078 | −$778 (-37.4%) |
| 1BR | $1,850 | $2,240 | −$390 (-17.4%) |
| 1BR | $2,500 | $2,240 | +$260 (+11.6%) |
| 2BR | $2,500 | $2,600 | −$100 (-3.8%) |
| 2BR | $2,778 | $2,600 | +$178 (+6.8%) |
| 3BR | $2,450 | $3,200 | −$750 (-23.4%) |
| 3BR | $2,250 | $3,200 | −$950 (-29.7%) |
| 4BR | $3,400 | $4,400 | −$1,000 (-22.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2022.