Monthly Rent Report
Borough Park Rent Report — January 2025
Asking rents in ZIP 11219, New York City, from 43 listings.
Median 1BR rent in Borough Park was $2,838 in January 2025, up 62.2% (+$1,088) from December 2024 and up 10.5% year-over-year. The middle half of 1BR listings asked between $2,838 and $2,838. That puts Borough Park $338 above the New York City citywide 1BR median of $2,500. The month's figures are based on 43 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,697 | −$12,303 (-82.0%) | −$2,803 (-51.0%) | $2,697 – $2,697 | 1 |
| Studio | $2,697 | −$12,303 (-82.0%) | −$2,803 (-51.0%) | $2,697 – $2,697 | 2 |
| 1BR | $2,838 | +$1,088 (+62.2%) | +$271 (+10.5%) | $2,838 – $2,838 | 1 |
| 1BR | $1,950 | +$200 (+11.4%) | −$617 (-24.1%) | $1,850 – $2,200 | 13 |
| 2BR | $2,200 | −$1,300 (-37.1%) | −$300 (-12.0%) | $2,200 – $2,200 | 1 |
| 2BR | $2,823 | −$677 (-19.4%) | +$323 (+12.9%) | $2,538 – $2,925 | 14 |
| 3BR | $3,400 | +$300 (+9.7%) | +$850 (+33.3%) | $2,900 – $4,059 | 8 |
| 3BR | $4,250 | +$1,150 (+37.1%) | +$1,700 (+66.7%) | $4,250 – $4,250 | 1 |
| 4BR | $3,695 | — | — | $3,695 – $3,695 | 1 |
| 4BR | $3,695 | — | — | $3,695 – $3,695 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Borough Park vs. New York City — January 2025
| Bedrooms | Borough Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,697 | $2,525 | +$172 (+6.8%) |
| Studio | $2,697 | $2,525 | +$172 (+6.8%) |
| 1BR | $2,838 | $2,500 | +$338 (+13.5%) |
| 1BR | $1,950 | $2,500 | −$550 (-22.0%) |
| 2BR | $2,200 | $2,900 | −$700 (-24.1%) |
| 2BR | $2,823 | $2,900 | −$77 (-2.7%) |
| 3BR | $3,400 | $3,500 | −$100 (-2.9%) |
| 3BR | $4,250 | $3,500 | +$750 (+21.4%) |
| 4BR | $3,695 | $4,100 | −$405 (-9.9%) |
| 4BR | $3,695 | $4,100 | −$405 (-9.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.