Monthly Rent Report
Bushwick Rent Report — March 2023
Asking rents in ZIP 11221, New York City, from 573 listings.
Median 1BR rent in Bushwick was $2,800 in March 2023, up 7.7% (+$200) from February 2023 and down 5.1% year-over-year. The middle half of 1BR listings asked between $2,550 and $2,988. That puts Bushwick $501 above the New York City citywide 1BR median of $2,299. The month's figures are based on 573 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,300 | +$200 (+9.5%) | +$150 (+7.0%) | $2,173 – $2,443 | 19 |
| Studio | $2,347 | +$247 (+11.7%) | +$197 (+9.1%) | $2,063 – $2,786 | 6 |
| 1BR | $2,800 | +$200 (+7.7%) | −$150 (-5.1%) | $2,550 – $2,988 | 111 |
| 1BR | $2,300 | −$300 (-11.5%) | −$650 (-22.0%) | $2,300 – $2,300 | 1 |
| 2BR | $3,350 | +$455 (+15.7%) | +$700 (+26.4%) | $3,074 – $3,625 | 2 |
| 2BR | $3,000 | +$105 (+3.6%) | +$350 (+13.2%) | $2,775 – $3,350 | 173 |
| 3BR | $3,499 | +$509 (+17.0%) | +$249 (+7.7%) | $3,188 – $3,899 | 203 |
| 3BR | $2,525 | −$465 (-15.6%) | −$725 (-22.3%) | $1,888 – $3,163 | 2 |
| 4BR | $4,200 | +$201 (+5.0%) | +$750 (+21.7%) | $3,750 – $5,200 | 47 |
| 4BR | $3,599 | −$400 (-10.0%) | +$149 (+4.3%) | $3,599 – $3,599 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Bushwick vs. New York City — March 2023
| Bedrooms | Bushwick Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,300 | $2,200 | +$100 (+4.5%) |
| Studio | $2,347 | $2,200 | +$147 (+6.7%) |
| 1BR | $2,800 | $2,299 | +$501 (+21.8%) |
| 1BR | $2,300 | $2,299 | +$1 (+0.0%) |
| 2BR | $3,350 | $2,650 | +$700 (+26.4%) |
| 2BR | $3,000 | $2,650 | +$350 (+13.2%) |
| 3BR | $3,499 | $3,200 | +$299 (+9.3%) |
| 3BR | $2,525 | $3,200 | −$675 (-21.1%) |
| 4BR | $4,200 | $3,995 | +$205 (+5.1%) |
| 4BR | $3,599 | $3,995 | −$396 (-9.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.