Monthly Rent Report

East New York Rent Report — March 2023

Asking rents in ZIP 11207, New York City, from 288 listings.

Median 1BR rent in East New York was $1,760 in March 2023, down 37.0% (−$1,035) from February 2023 and down 10.3% year-over-year. The middle half of 1BR listings asked between $1,760 and $1,760. That puts East New York $539 below the New York City citywide 1BR median of $2,299. The month's figures are based on 288 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2023Vs. March 2022P25–P75 RangeListings
Studio$1,999−$1 (-0.1%)−$101 (-4.8%)$1,999 – $2,0507
Studio$1,999−$1 (-0.1%)−$101 (-4.8%)$1,999 – $1,9992
1BR$1,760−$1,035 (-37.0%)−$202 (-10.3%)$1,760 – $1,7601
1BR$2,300−$495 (-17.7%)+$338 (+17.2%)$2,000 – $2,69938
2BR$2,700+$50 (+1.9%)+$701 (+35.1%)$2,499 – $2,98774
2BR$2,725+$75 (+2.8%)+$726 (+36.3%)$2,525 – $3,09426
3BR$3,200+$200 (+6.7%)+$900 (+39.1%)$2,900 – $3,70087
3BR$3,099+$99 (+3.3%)+$799 (+34.7%)$3,099 – $3,0991
4BR$3,800+$26 (+0.7%)+$801 (+26.7%)$3,506 – $4,03836
4BR$3,350−$424 (-11.2%)+$351 (+11.7%)$3,350 – $3,3501

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

East New York vs. New York CityMarch 2023

BedroomsEast New York MedianNYC Citywide MedianDifference
Studio$1,999$2,200−$201 (-9.1%)
Studio$1,999$2,200−$201 (-9.1%)
1BR$1,760$2,299−$539 (-23.4%)
1BR$2,300$2,299+$1 (+0.0%)
2BR$2,700$2,650+$50 (+1.9%)
2BR$2,725$2,650+$75 (+2.8%)
3BR$3,200$3,200$0 (0.0%)
3BR$3,099$3,200−$101 (-3.2%)
4BR$3,800$3,995−$195 (-4.9%)
4BR$3,350$3,995−$645 (-16.1%)

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

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