Monthly Rent Report
Carroll Gardens Rent Report — May 2023
Asking rents in ZIP 11231, New York City, from 185 listings.
Median 1BR rent in Carroll Gardens was $4,008 in May 2023, up 60.4% (+$1,509) from April 2023 and up 33.6% year-over-year. The middle half of 1BR listings asked between $3,500 and $4,774. That puts Carroll Gardens $1,530 above the New York City citywide 1BR median of $2,477. The month's figures are based on 185 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,750 | +$100 (+3.8%) | +$250 (+10.0%) | $2,450 – $3,594 | 11 |
| Studio | $3,605 | +$955 (+36.0%) | +$1,105 (+44.2%) | $3,605 – $3,605 | 1 |
| 1BR | $4,008 | +$1,509 (+60.4%) | +$1,008 (+33.6%) | $3,500 – $4,774 | 12 |
| 1BR | $3,825 | +$1,326 (+53.1%) | +$825 (+27.5%) | $3,350 – $4,628 | 54 |
| 2BR | $5,000 | −$472 (-8.6%) | +$1,825 (+57.5%) | $3,850 – $5,600 | 41 |
| 2BR | $5,600 | +$128 (+2.3%) | +$2,425 (+76.4%) | $5,000 – $6,995 | 5 |
| 3BR | $11,500 | +$4,030 (+53.9%) | +$2,750 (+31.4%) | $7,100 – $13,500 | 5 |
| 3BR | $7,050 | −$420 (-5.6%) | −$1,700 (-19.4%) | $5,349 – $11,500 | 28 |
| 4BR | $17,000 | +$3,000 (+21.4%) | +$9,625 (+130.5%) | $16,750 – $17,250 | 2 |
| 4BR | $16,500 | +$2,500 (+17.9%) | +$9,125 (+123.7%) | $14,625 – $18,000 | 16 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Carroll Gardens vs. New York City — May 2023
| Bedrooms | Carroll Gardens Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,750 | $2,450 | +$300 (+12.2%) |
| Studio | $3,605 | $2,450 | +$1,155 (+47.1%) |
| 1BR | $4,008 | $2,477 | +$1,530 (+61.8%) |
| 1BR | $3,825 | $2,477 | +$1,348 (+54.4%) |
| 2BR | $5,000 | $2,800 | +$2,200 (+78.6%) |
| 2BR | $5,600 | $2,800 | +$2,800 (+100.0%) |
| 3BR | $11,500 | $3,225 | +$8,275 (+256.6%) |
| 3BR | $7,050 | $3,225 | +$3,825 (+118.6%) |
| 4BR | $17,000 | $4,000 | +$13,000 (+325.0%) |
| 4BR | $16,500 | $4,000 | +$12,500 (+312.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.