Monthly Rent Report
Bushwick Rent Report — August 2024
Asking rents in ZIP 11221, New York City, from 95 listings.
Median 1BR rent in Bushwick was $2,800 in August 2024, down 1.7% (−$48) from July 2024 and up 154.5% year-over-year. The middle half of 1BR listings asked between $2,663 and $3,200. That puts Bushwick $410 above the New York City citywide 1BR median of $2,390. The month's figures are based on 95 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | −$550 (-22.0%) | −$137 (-6.6%) | $1,950 – $1,950 | 1 |
| 1BR | $2,800 | −$48 (-1.7%) | +$1,700 (+154.5%) | $2,663 – $3,200 | 14 |
| 2BR | $3,450 | +$153 (+4.6%) | +$547 (+18.8%) | $3,063 – $3,561 | 16 |
| 2BR | $2,650 | −$647 (-19.6%) | −$253 (-8.7%) | $2,650 – $2,650 | 2 |
| 3BR | $4,100 | +$153 (+3.9%) | +$400 (+10.8%) | $3,600 – $4,788 | 34 |
| 3BR | $2,300 | −$1,647 (-41.7%) | −$1,400 (-37.8%) | $2,300 – $2,300 | 2 |
| 4BR | $3,800 | −$2,022 (-34.7%) | −$2,000 (-34.5%) | $3,800 – $3,875 | 7 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Bushwick vs. New York City — August 2024
| Bedrooms | Bushwick Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $2,500 | −$550 (-22.0%) |
| 1BR | $2,800 | $2,390 | +$410 (+17.1%) |
| 2BR | $3,450 | $2,900 | +$550 (+19.0%) |
| 2BR | $2,650 | $2,900 | −$250 (-8.6%) |
| 3BR | $4,100 | $3,603 | +$497 (+13.8%) |
| 3BR | $2,300 | $3,603 | −$1,303 (-36.2%) |
| 4BR | $3,800 | $4,225 | −$425 (-10.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.