Monthly Rent Report
Bushwick Rent Report — August 2023
Asking rents in ZIP 11237, New York City, from 86 listings.
Median 1BR rent in Bushwick was $2,853 in August 2023, down 4.8% (−$142) from July 2023 and down 8.0% year-over-year. The middle half of 1BR listings asked between $2,765 and $2,899. That puts Bushwick $503 above the New York City citywide 1BR median of $2,350. The month's figures are based on 86 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,849 | −$281 (-9.0%) | −$11 (-0.4%) | $2,475 – $3,100 | 19 |
| Studio | $2,600 | −$530 (-16.9%) | −$260 (-9.1%) | $2,036 – $2,960 | 14 |
| 1BR | $2,853 | −$142 (-4.8%) | −$247 (-8.0%) | $2,765 – $2,899 | 6 |
| 1BR | $2,710 | −$285 (-9.5%) | −$390 (-12.6%) | $2,699 – $2,995 | 5 |
| 2BR | $3,300 | −$550 (-14.3%) | +$26 (+0.8%) | $3,000 – $3,400 | 13 |
| 2BR | $3,350 | −$500 (-13.0%) | +$76 (+2.3%) | $3,325 – $3,375 | 2 |
| 3BR | $4,450 | +$650 (+17.1%) | +$300 (+7.2%) | $4,375 – $4,525 | 2 |
| 3BR | $3,750 | −$50 (-1.3%) | −$400 (-9.6%) | $3,525 – $4,000 | 18 |
| 4BR | $4,250 | +$50 (+1.2%) | +$255 (+6.4%) | $4,125 – $4,375 | 2 |
| 4BR | $5,443 | +$1,243 (+29.6%) | +$1,448 (+36.2%) | $5,220 – $5,667 | 2 |
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 | $2,849 | $2,490 | +$359 (+14.4%) |
| Studio | $2,600 | $2,490 | +$110 (+4.4%) |
| 1BR | $2,853 | $2,350 | +$503 (+21.4%) |
| 1BR | $2,710 | $2,350 | +$360 (+15.3%) |
| 2BR | $3,300 | $2,859 | +$441 (+15.4%) |
| 2BR | $3,350 | $2,859 | +$491 (+17.2%) |
| 3BR | $4,450 | $3,413 | +$1,038 (+30.4%) |
| 3BR | $3,750 | $3,413 | +$338 (+9.9%) |
| 4BR | $4,250 | $4,200 | +$50 (+1.2%) |
| 4BR | $5,443 | $4,200 | +$1,243 (+29.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.