Monthly Rent Report
Crown Heights Rent Report — May 2023
Asking rents in ZIP 11225, New York City, from 169 listings.
Median 1BR rent in Crown Heights was $2,599 in May 2023, down 8.8% (−$251) from April 2023 and down 1.7% year-over-year. The middle half of 1BR listings asked between $2,425 and $3,088. That puts Crown Heights $122 above the New York City citywide 1BR median of $2,477. The month's figures are based on 169 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,600 | +$600 (+30.0%) | +$400 (+18.2%) | $2,348 – $2,899 | 11 |
| Studio | $3,000 | +$1,000 (+50.0%) | +$800 (+36.4%) | $3,000 – $3,000 | 1 |
| 1BR | $2,599 | −$251 (-8.8%) | −$45 (-1.7%) | $2,425 – $3,088 | 11 |
| 1BR | $2,650 | −$200 (-7.0%) | +$6 (+0.2%) | $2,400 – $3,000 | 37 |
| 2BR | $4,619 | +$1,244 (+36.9%) | +$1,444 (+45.5%) | $4,619 – $4,619 | 1 |
| 2BR | $3,270 | −$105 (-3.1%) | +$95 (+3.0%) | $2,663 – $3,800 | 50 |
| 3BR | $5,960 | +$2,235 (+60.0%) | +$1,632 (+37.7%) | $5,960 – $5,960 | 1 |
| 3BR | $3,985 | +$260 (+7.0%) | −$343 (-7.9%) | $3,650 – $4,800 | 45 |
| 4BR | $4,395 | −$402 (-8.4%) | −$883 (-16.7%) | $3,925 – $5,421 | 8 |
| 4BR | $3,950 | −$847 (-17.7%) | −$1,328 (-25.2%) | $3,950 – $3,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Crown Heights vs. New York City — May 2023
| Bedrooms | Crown Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,600 | $2,450 | +$150 (+6.1%) |
| Studio | $3,000 | $2,450 | +$550 (+22.4%) |
| 1BR | $2,599 | $2,477 | +$122 (+4.9%) |
| 1BR | $2,650 | $2,477 | +$173 (+7.0%) |
| 2BR | $4,619 | $2,800 | +$1,819 (+65.0%) |
| 2BR | $3,270 | $2,800 | +$470 (+16.8%) |
| 3BR | $5,960 | $3,225 | +$2,735 (+84.8%) |
| 3BR | $3,985 | $3,225 | +$760 (+23.6%) |
| 4BR | $4,395 | $4,000 | +$395 (+9.9%) |
| 4BR | $3,950 | $4,000 | −$50 (-1.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.