Monthly Rent Report
Bushwick Rent Report — March 2023
Asking rents in ZIP 11237, New York City, from 292 listings.
Median 1BR rent in Bushwick was $2,929 in March 2023, up 12.6% (+$329) from February 2023 and up 48.3% year-over-year. The middle half of 1BR listings asked between $2,650 and $3,300. That puts Bushwick $630 above the New York City citywide 1BR median of $2,299. The month's figures are based on 292 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,050 | −$810 (-28.3%) | −$200 (-8.9%) | $2,050 – $2,575 | 7 |
| Studio | $2,050 | −$810 (-28.3%) | −$200 (-8.9%) | $2,050 – $2,050 | 2 |
| 1BR | $2,929 | +$329 (+12.6%) | +$954 (+48.3%) | $2,650 – $3,300 | 44 |
| 1BR | $2,700 | +$100 (+3.8%) | +$725 (+36.7%) | $2,500 – $2,995 | 13 |
| 2BR | $3,250 | +$300 (+10.2%) | +$251 (+8.4%) | $2,995 – $3,500 | 31 |
| 2BR | $3,000 | +$50 (+1.7%) | +$1 (+0.0%) | $2,850 – $3,500 | 78 |
| 3BR | $3,450 | −$50 (-1.4%) | +$50 (+1.5%) | $3,300 – $3,900 | 73 |
| 3BR | $2,800 | −$700 (-20.0%) | −$600 (-17.6%) | $2,800 – $2,800 | 1 |
| 4BR | $4,500 | +$409 (+10.0%) | +$667 (+17.4%) | $4,100 – $4,750 | 27 |
| 4BR | $4,350 | +$259 (+6.3%) | +$517 (+13.5%) | $4,200 – $4,624 | 16 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Bushwick vs. New York City — March 2023
| Bedrooms | Bushwick Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,050 | $2,200 | −$150 (-6.8%) |
| Studio | $2,050 | $2,200 | −$150 (-6.8%) |
| 1BR | $2,929 | $2,299 | +$630 (+27.4%) |
| 1BR | $2,700 | $2,299 | +$401 (+17.4%) |
| 2BR | $3,250 | $2,650 | +$600 (+22.6%) |
| 2BR | $3,000 | $2,650 | +$350 (+13.2%) |
| 3BR | $3,450 | $3,200 | +$250 (+7.8%) |
| 3BR | $2,800 | $3,200 | −$400 (-12.5%) |
| 4BR | $4,500 | $3,995 | +$505 (+12.6%) |
| 4BR | $4,350 | $3,995 | +$355 (+8.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.