Monthly Rent Report

Briarwood Rent Report — May 2023

Asking rents in ZIP 11435, New York City, from 206 listings.

Median 1BR rent in Briarwood was $2,250 in May 2023, down 12.3% (−$315) from April 2023 and up 16.9% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,250. That puts Briarwood $227 below the New York City citywide 1BR median of $2,477. The month's figures are based on 206 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2023Vs. May 2022P25–P75 RangeListings
Studio$1,828+$201 (+12.3%)−$58 (-3.1%)$1,751 – $1,9042
Studio$1,700+$73 (+4.5%)−$186 (-9.9%)$1,625 – $1,77514
1BR$2,250−$315 (-12.3%)+$325 (+16.9%)$2,250 – $2,2501
1BR$1,950−$615 (-24.0%)+$25 (+1.3%)$1,898 – $2,59883
2BR$3,450+$687 (+24.9%)+$850 (+32.7%)$3,100 – $3,5006
2BR$2,895+$133 (+4.8%)+$295 (+11.3%)$2,672 – $3,39748
2BR$2,868+$105 (+3.8%)+$268 (+10.3%)$2,730 – $2,9888
3BR$3,200$0 (0.0%)+$400 (+14.3%)$3,000 – $3,91828
3BR$3,000−$200 (-6.3%)+$200 (+7.1%)$2,850 – $3,0003
3BR$2,800−$400 (-12.5%)$0 (0.0%)$2,800 – $2,8001
4BR$3,075−$725 (-19.1%)−$920 (-23.0%)$2,900 – $3,6636
4BR$3,075−$725 (-19.1%)−$920 (-23.0%)$2,900 – $3,6636

Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.

Briarwood vs. New York CityMay 2023

BedroomsBriarwood MedianNYC Citywide MedianDifference
Studio$1,828$2,450−$622 (-25.4%)
Studio$1,700$2,450−$750 (-30.6%)
1BR$2,250$2,477−$227 (-9.2%)
1BR$1,950$2,477−$527 (-21.3%)
2BR$3,450$2,800+$650 (+23.2%)
2BR$2,895$2,800+$95 (+3.4%)
2BR$2,868$2,800+$68 (+2.4%)
3BR$3,200$3,225−$25 (-0.8%)
3BR$3,000$3,225−$225 (-7.0%)
3BR$2,800$3,225−$425 (-13.2%)
4BR$3,075$4,000−$925 (-23.1%)
4BR$3,075$4,000−$925 (-23.1%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.

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