Monthly Rent Report
Bushwick Rent Report — August 2023
Asking rents in ZIP 11221, New York City, from 80 listings.
Median 1BR rent in Bushwick was $2,900 in August 2023, up 45.0% (+$900) from July 2023 and up 4.5% year-over-year. The middle half of 1BR listings asked between $2,400 and $2,989. That puts Bushwick $550 above the New York City citywide 1BR median of $2,350. The month's figures are based on 80 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,150 | −$802 (-27.2%) | −$550 (-20.4%) | $2,075 – $2,225 | 2 |
| Studio | $2,088 | −$864 (-29.3%) | −$612 (-22.7%) | $2,044 – $2,131 | 2 |
| 1BR | $2,900 | +$900 (+45.0%) | +$125 (+4.5%) | $2,400 – $2,989 | 9 |
| 1BR | $1,100 | −$900 (-45.0%) | −$1,675 (-60.4%) | $1,100 – $1,100 | 1 |
| 2BR | $2,968 | +$668 (+29.0%) | −$132 (-4.3%) | $2,826 – $3,109 | 2 |
| 2BR | $2,904 | +$604 (+26.2%) | −$196 (-6.3%) | $2,699 – $3,200 | 24 |
| 3BR | $3,700 | −$650 (-14.9%) | $0 (0.0%) | $3,500 – $4,200 | 16 |
| 3BR | $4,166 | −$184 (-4.2%) | +$466 (+12.6%) | $4,166 – $4,166 | 1 |
| 4BR | $4,598 | +$448 (+10.8%) | +$898 (+24.3%) | $4,275 – $5,071 | 8 |
| 4BR | $5,800 | +$1,650 (+39.8%) | +$2,100 (+56.8%) | $5,800 – $5,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Bushwick vs. New York City — August 2023
| Bedrooms | Bushwick Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,150 | $2,490 | −$340 (-13.7%) |
| Studio | $2,088 | $2,490 | −$402 (-16.2%) |
| 1BR | $2,900 | $2,350 | +$550 (+23.4%) |
| 1BR | $1,100 | $2,350 | −$1,250 (-53.2%) |
| 2BR | $2,968 | $2,859 | +$109 (+3.8%) |
| 2BR | $2,904 | $2,859 | +$45 (+1.6%) |
| 3BR | $3,700 | $3,413 | +$288 (+8.4%) |
| 3BR | $4,166 | $3,413 | +$754 (+22.1%) |
| 4BR | $4,598 | $4,200 | +$398 (+9.5%) |
| 4BR | $5,800 | $4,200 | +$1,600 (+38.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.