Monthly Rent Report
Crown Heights Rent Report — August 2023
Asking rents in ZIP 11225, New York City, from 92 listings.
Median 1BR rent in Crown Heights was $2,250 in August 2023, up 11.9% (+$240) from July 2023 and down 35.3% year-over-year. The middle half of 1BR listings asked between $1,975 and $2,488. That puts Crown Heights $100 below the New York City citywide 1BR median of $2,350. The month's figures are based on 92 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,000 | +$485 (+19.3%) | +$700 (+30.4%) | $2,155 – $3,025 | 36 |
| Studio | $2,550 | +$36 (+1.4%) | +$250 (+10.9%) | $1,995 – $3,099 | 21 |
| 1BR | $2,250 | +$240 (+11.9%) | −$1,230 (-35.3%) | $1,975 – $2,488 | 8 |
| 1BR | $2,969 | +$959 (+47.7%) | −$511 (-14.7%) | $2,922 – $3,016 | 2 |
| 2BR | $2,895 | −$1,529 (-34.6%) | −$47 (-1.6%) | $2,500 – $3,375 | 11 |
| 2BR | $3,199 | −$1,225 (-27.7%) | +$257 (+8.7%) | $3,199 – $3,199 | 1 |
| 3BR | $9,000 | +$3,750 (+71.4%) | +$5,650 (+168.7%) | $8,750 – $9,000 | 7 |
| 3BR | $3,450 | −$1,800 (-34.3%) | +$100 (+3.0%) | $3,450 – $3,450 | 1 |
| 4BR | $4,850 | +$851 (+21.3%) | −$850 (-14.9%) | $4,850 – $4,850 | 1 |
| 4BR | $4,198 | +$199 (+5.0%) | −$1,502 (-26.4%) | $3,921 – $4,425 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Crown Heights vs. New York City — August 2023
| Bedrooms | Crown Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,000 | $2,490 | +$510 (+20.5%) |
| Studio | $2,550 | $2,490 | +$60 (+2.4%) |
| 1BR | $2,250 | $2,350 | −$100 (-4.3%) |
| 1BR | $2,969 | $2,350 | +$619 (+26.3%) |
| 2BR | $2,895 | $2,859 | +$36 (+1.3%) |
| 2BR | $3,199 | $2,859 | +$340 (+11.9%) |
| 3BR | $9,000 | $3,413 | +$5,588 (+163.7%) |
| 3BR | $3,450 | $3,413 | +$38 (+1.1%) |
| 4BR | $4,850 | $4,200 | +$650 (+15.5%) |
| 4BR | $4,198 | $4,200 | −$2 (-0.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.