Monthly Rent Report
Crown Heights Rent Report — July 2023
Asking rents in ZIP 11225, New York City, from 45 listings.
Median 1BR rent in Crown Heights was $2,010 in July 2023, down 40.8% (−$1,387) from June 2023 and down 27.1% year-over-year. The middle half of 1BR listings asked between $1,840 and $2,180. That puts Crown Heights $440 below the New York City citywide 1BR median of $2,450. The month's figures are based on 45 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,514 | −$236 (-8.6%) | +$543 (+27.5%) | $2,514 – $2,514 | 1 |
| Studio | $2,600 | −$150 (-5.5%) | +$629 (+31.9%) | $2,550 – $2,800 | 3 |
| 1BR | $2,010 | −$1,387 (-40.8%) | −$746 (-27.1%) | $1,840 – $2,180 | 2 |
| 1BR | $3,000 | −$397 (-11.7%) | +$244 (+8.9%) | $2,475 – $3,449 | 7 |
| 2BR | $3,350 | −$150 (-4.3%) | +$100 (+3.1%) | $3,025 – $3,944 | 14 |
| 2BR | $4,424 | +$924 (+26.4%) | +$1,174 (+36.1%) | $4,424 – $4,424 | 1 |
| 3BR | $3,995 | +$295 (+8.0%) | −$5 (-0.1%) | $3,649 – $4,095 | 9 |
| 3BR | $5,250 | +$1,550 (+41.9%) | +$1,250 (+31.3%) | $5,250 – $5,250 | 3 |
| 4BR | $4,375 | −$420 (-8.8%) | −$2,625 (-37.5%) | $3,924 – $5,250 | 4 |
| 4BR | $3,999 | −$796 (-16.6%) | −$3,001 (-42.9%) | $3,999 – $3,999 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Crown Heights vs. New York City — July 2023
| Bedrooms | Crown Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,514 | $2,498 | +$17 (+0.7%) |
| Studio | $2,600 | $2,498 | +$103 (+4.1%) |
| 1BR | $2,010 | $2,450 | −$440 (-18.0%) |
| 1BR | $3,000 | $2,450 | +$550 (+22.4%) |
| 2BR | $3,350 | $2,800 | +$550 (+19.6%) |
| 2BR | $4,424 | $2,800 | +$1,624 (+58.0%) |
| 3BR | $3,995 | $3,400 | +$595 (+17.5%) |
| 3BR | $5,250 | $3,400 | +$1,850 (+54.4%) |
| 4BR | $4,375 | $4,200 | +$175 (+4.2%) |
| 4BR | $3,999 | $4,200 | −$201 (-4.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.