Monthly Rent Report

Bushwick Rent Report — December 2023

Asking rents in ZIP 11237, New York City, from 200 listings.

Median 1BR rent in Bushwick was $1,500 in December 2023, down 48.3% (−$1,399) from November 2023 and down 64.3% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Bushwick $900 below the New York City citywide 1BR median of $2,400. The month's figures are based on 200 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2023Vs. December 2022P25–P75 RangeListings
Studio$2,472−$53 (-2.1%)+$477 (+23.9%)$2,444 – $2,5004
Studio$2,500−$25 (-1.0%)+$505 (+25.3%)$2,444 – $2,55010
1BR$1,500−$1,399 (-48.3%)−$2,700 (-64.3%)$1,500 – $1,5001
1BR$2,700−$199 (-6.9%)−$1,500 (-35.7%)$2,500 – $3,23846
2BR$2,975−$475 (-13.8%)+$375 (+14.4%)$2,863 – $3,4883
2BR$2,975−$475 (-13.8%)+$375 (+14.4%)$2,863 – $3,4883
3BR$3,750−$574 (-13.3%)+$450 (+13.6%)$3,200 – $3,95041
3BR$3,700−$624 (-14.4%)+$400 (+12.1%)$3,250 – $3,95067
4BR$4,225−$134 (-3.1%)+$559 (+15.2%)$4,218 – $4,30015
4BR$4,225−$134 (-3.1%)+$559 (+15.2%)$4,189 – $4,2638

Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.

Bushwick vs. New York CityDecember 2023

BedroomsBushwick MedianNYC Citywide MedianDifference
Studio$2,472$2,362+$110 (+4.7%)
Studio$2,500$2,362+$138 (+5.9%)
1BR$1,500$2,400−$900 (-37.5%)
1BR$2,700$2,400+$300 (+12.5%)
2BR$2,975$2,900+$75 (+2.6%)
2BR$2,975$2,900+$75 (+2.6%)
3BR$3,750$3,500+$250 (+7.1%)
3BR$3,700$3,500+$200 (+5.7%)
4BR$4,225$4,070+$155 (+3.8%)
4BR$4,225$4,070+$155 (+3.8%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.

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