Monthly Rent Report
Bushwick Rent Report — July 2023
Asking rents in ZIP 11221, New York City, from 139 listings.
Median 1BR rent in Bushwick was $2,000 in July 2023, down 31.0% (−$900) from June 2023 and down 25.9% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Bushwick $450 below the New York City citywide 1BR median of $2,450. The month's figures are based on 139 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,952 | +$402 (+15.8%) | −$1,048 (-26.2%) | $2,700 – $2,952 | 5 |
| Studio | $2,462 | −$88 (-3.5%) | −$1,538 (-38.5%) | $2,397 – $2,462 | 4 |
| 1BR | $2,000 | −$900 (-31.0%) | −$700 (-25.9%) | $2,000 – $2,000 | 1 |
| 1BR | $3,200 | +$300 (+10.3%) | +$500 (+18.5%) | $3,200 – $3,200 | 1 |
| 2BR | $2,300 | $0 (0.0%) | −$1,347 (-36.9%) | $2,300 – $2,300 | 1 |
| 2BR | $3,200 | +$900 (+39.1%) | −$447 (-12.3%) | $2,950 – $3,500 | 59 |
| 3BR | $4,350 | +$850 (+24.3%) | +$150 (+3.6%) | $4,350 – $4,350 | 2 |
| 3BR | $3,500 | $0 (0.0%) | −$700 (-16.7%) | $3,200 – $4,080 | 37 |
| 4BR | $4,150 | +$151 (+3.8%) | −$125 (-2.9%) | $3,825 – $4,500 | 19 |
| 4BR | $4,000 | +$1 (+0.0%) | −$275 (-6.4%) | $3,900 – $5,500 | 7 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Bushwick vs. New York City — July 2023
| Bedrooms | Bushwick Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,952 | $2,498 | +$455 (+18.2%) |
| Studio | $2,462 | $2,498 | −$35 (-1.4%) |
| 1BR | $2,000 | $2,450 | −$450 (-18.4%) |
| 1BR | $3,200 | $2,450 | +$750 (+30.6%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 2BR | $3,200 | $2,800 | +$400 (+14.3%) |
| 3BR | $4,350 | $3,400 | +$950 (+28.0%) |
| 3BR | $3,500 | $3,400 | +$100 (+2.9%) |
| 4BR | $4,150 | $4,200 | −$50 (-1.2%) |
| 4BR | $4,000 | $4,200 | −$200 (-4.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.