Monthly Rent Report
Brooklyn Heights Rent Report — May 2023
Asking rents in ZIP 11201, New York City, from 660 listings.
Median 1BR rent in Brooklyn Heights was $4,205 in May 2023, up 2.3% (+$96) from April 2023 and down 23.5% year-over-year. The middle half of 1BR listings asked between $3,920 and $4,704. That puts Brooklyn Heights $1,728 above the New York City citywide 1BR median of $2,477. The month's figures are based on 660 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | +$245 (+7.5%) | +$781 (+28.7%) | $3,259 – $3,773 | 114 |
| Studio | $3,365 | +$110 (+3.4%) | +$646 (+23.8%) | $3,008 – $3,446 | 26 |
| 1BR | $4,205 | +$96 (+2.3%) | −$1,290 (-23.5%) | $3,920 – $4,704 | 225 |
| 1BR | $4,360 | +$251 (+6.1%) | −$1,135 (-20.7%) | $4,246 – $4,550 | 17 |
| 2BR | $5,829 | −$421 (-6.7%) | −$1,803 (-23.6%) | $5,732 – $6,441 | 18 |
| 2BR | $6,240 | −$10 (-0.2%) | −$1,392 (-18.2%) | $5,620 – $7,295 | 167 |
| 3BR | $9,995 | +$995 (+11.1%) | +$1,559 (+18.5%) | $7,948 – $11,798 | 71 |
| 3BR | $13,562 | +$4,562 (+50.7%) | +$5,125 (+60.7%) | $13,413 – $13,711 | 2 |
| 4BR | $10,962 | +$411 (+3.9%) | −$9,038 (-45.2%) | $8,942 – $12,981 | 2 |
| 4BR | $9,712 | −$839 (-8.0%) | −$10,288 (-51.4%) | $6,500 – $15,000 | 14 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Brooklyn Heights vs. New York City — May 2023
| Bedrooms | Brooklyn Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,450 | +$1,050 (+42.9%) |
| Studio | $3,365 | $2,450 | +$915 (+37.3%) |
| 1BR | $4,205 | $2,477 | +$1,728 (+69.7%) |
| 1BR | $4,360 | $2,477 | +$1,883 (+76.0%) |
| 2BR | $5,829 | $2,800 | +$3,029 (+108.2%) |
| 2BR | $6,240 | $2,800 | +$3,440 (+122.9%) |
| 3BR | $9,995 | $3,225 | +$6,770 (+209.9%) |
| 3BR | $13,562 | $3,225 | +$10,337 (+320.5%) |
| 4BR | $10,962 | $4,000 | +$6,962 (+174.0%) |
| 4BR | $9,712 | $4,000 | +$5,712 (+142.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.