Monthly Rent Report
Bushwick Rent Report — May 2024
Asking rents in ZIP 11221, New York City, from 655 listings.
Median 1BR rent in Bushwick was $2,300 in May 2024, down 19.3% (−$550) from April 2024 and down 19.3% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,600. That puts Bushwick $125 below the New York City citywide 1BR median of $2,425. The month's figures are based on 655 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,375 | +$425 (+21.8%) | −$199 (-7.7%) | $2,196 – $2,650 | 30 |
| Studio | $2,098 | +$148 (+7.6%) | −$477 (-18.5%) | $2,046 – $2,149 | 2 |
| 1BR | $2,300 | −$550 (-19.3%) | −$550 (-19.3%) | $2,300 – $2,600 | 5 |
| 1BR | $2,300 | −$550 (-19.3%) | −$550 (-19.3%) | $2,300 – $2,300 | 1 |
| 2BR | $3,295 | −$330 (-9.1%) | +$145 (+4.6%) | $3,000 – $3,500 | 276 |
| 2BR | $3,200 | −$425 (-11.7%) | +$50 (+1.6%) | $3,150 – $3,525 | 3 |
| 3BR | $3,700 | +$701 (+23.4%) | +$200 (+5.7%) | $3,300 – $4,140 | 245 |
| 3BR | $3,349 | +$350 (+11.7%) | −$151 (-4.3%) | $3,274 – $3,424 | 2 |
| 4BR | $4,250 | +$50 (+1.2%) | −$547 (-11.4%) | $4,000 – $5,000 | 78 |
| 4BR | $5,975 | +$1,775 (+42.3%) | +$1,178 (+24.5%) | $5,975 – $5,975 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Bushwick vs. New York City — May 2024
| Bedrooms | Bushwick Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,375 | $2,350 | +$25 (+1.1%) |
| Studio | $2,098 | $2,350 | −$252 (-10.7%) |
| 1BR | $2,300 | $2,425 | −$125 (-5.2%) |
| 1BR | $2,300 | $2,425 | −$125 (-5.2%) |
| 2BR | $3,295 | $2,914 | +$382 (+13.1%) |
| 2BR | $3,200 | $2,914 | +$287 (+9.8%) |
| 3BR | $3,700 | $3,600 | +$100 (+2.8%) |
| 3BR | $3,349 | $3,600 | −$251 (-7.0%) |
| 4BR | $4,250 | $4,250 | $0 (0.0%) |
| 4BR | $5,975 | $4,250 | +$1,725 (+40.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.