Monthly Rent Report
Borough Park Rent Report — September 2022
Asking rents in ZIP 11219, New York City, from 58 listings.
Median 1BR rent in Borough Park was $2,595 in September 2022, up 3.8% (+$95) from August 2022 and up 62.2% year-over-year. The middle half of 1BR listings asked between $2,595 and $2,595. That puts Borough Park $295 above the New York City citywide 1BR median of $2,300. The month's figures are based on 58 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,500 | +$3,300 (+150.0%) | +$4,150 (+307.4%) | $5,500 – $5,500 | 5 |
| Studio | $5,500 | +$3,300 (+150.0%) | +$4,150 (+307.4%) | $5,500 – $5,500 | 5 |
| 1BR | $2,595 | +$95 (+3.8%) | +$995 (+62.2%) | $2,595 – $2,595 | 1 |
| 1BR | $2,850 | +$350 (+14.0%) | +$1,250 (+78.1%) | $2,850 – $2,850 | 1 |
| 2BR | $2,900 | +$425 (+17.2%) | +$1,000 (+52.6%) | $2,900 – $2,900 | 1 |
| 2BR | $3,598 | +$1,123 (+45.4%) | +$1,698 (+89.4%) | $1,894 – $3,800 | 12 |
| 3BR | $3,600 | +$1,125 (+45.5%) | +$1,000 (+38.5%) | $2,500 – $3,700 | 17 |
| 3BR | $3,600 | +$1,125 (+45.5%) | +$1,000 (+38.5%) | $2,500 – $3,700 | 13 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — September 2022
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,500 | $2,200 | +$3,300 (+150.0%) |
| Studio | $5,500 | $2,200 | +$3,300 (+150.0%) |
| 1BR | $2,595 | $2,300 | +$295 (+12.8%) |
| 1BR | $2,850 | $2,300 | +$550 (+23.9%) |
| 2BR | $2,900 | $2,800 | +$100 (+3.6%) |
| 2BR | $3,598 | $2,800 | +$798 (+28.5%) |
| 3BR | $3,600 | $3,395 | +$205 (+6.0%) |
| 3BR | $3,600 | $3,395 | +$205 (+6.0%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.