Monthly Rent Report
Bushwick Rent Report — May 2023
Asking rents in ZIP 11221, New York City, from 713 listings.
Median 1BR rent in Bushwick was $2,850 in May 2023, up 1.8% (+$51) from April 2023 and down 5.0% year-over-year. The middle half of 1BR listings asked between $2,599 and $2,955. That puts Bushwick $373 above the New York City citywide 1BR median of $2,477. The month's figures are based on 713 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,524 | +$199 (+8.6%) | +$249 (+10.9%) | $2,212 – $2,600 | 26 |
| Studio | $2,575 | +$250 (+10.7%) | +$300 (+13.2%) | $2,275 – $2,675 | 8 |
| 1BR | $2,850 | +$51 (+1.8%) | −$150 (-5.0%) | $2,599 – $2,955 | 116 |
| 1BR | $2,850 | +$51 (+1.8%) | −$150 (-5.0%) | $2,618 – $2,975 | 39 |
| 2BR | $3,150 | +$148 (+4.9%) | −$350 (-10.0%) | $3,150 – $3,150 | 1 |
| 2BR | $3,000 | −$2 (-0.1%) | −$500 (-14.3%) | $2,800 – $3,400 | 231 |
| 3BR | $5,250 | +$1,751 (+50.0%) | +$1,678 (+47.0%) | $4,275 – $5,350 | 3 |
| 3BR | $3,500 | +$1 (+0.0%) | −$72 (-2.0%) | $3,299 – $4,000 | 188 |
| 4BR | $4,400 | +$200 (+4.8%) | −$200 (-4.3%) | $4,000 – $4,999 | 71 |
| 4BR | $4,798 | +$598 (+14.2%) | +$198 (+4.3%) | $4,425 – $5,431 | 14 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Bushwick vs. New York City — May 2023
| Bedrooms | Bushwick Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,524 | $2,450 | +$74 (+3.0%) |
| Studio | $2,575 | $2,450 | +$125 (+5.1%) |
| 1BR | $2,850 | $2,477 | +$373 (+15.0%) |
| 1BR | $2,850 | $2,477 | +$373 (+15.0%) |
| 2BR | $3,150 | $2,800 | +$350 (+12.5%) |
| 2BR | $3,000 | $2,800 | +$200 (+7.1%) |
| 3BR | $5,250 | $3,225 | +$2,025 (+62.8%) |
| 3BR | $3,500 | $3,225 | +$275 (+8.5%) |
| 4BR | $4,400 | $4,000 | +$400 (+10.0%) |
| 4BR | $4,798 | $4,000 | +$798 (+19.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.