Monthly Rent Report
East New York Rent Report — July 2023
Asking rents in ZIP 11207, New York City, from 68 listings.
Median 1BR rent in East New York was $2,600 in July 2023, up 4.0% (+$100) from June 2023 and down 5.5% year-over-year. The middle half of 1BR listings asked between $2,600 and $2,625. That puts East New York $150 above the New York City citywide 1BR median of $2,450. The month's figures are based on 68 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | +$25 (+1.2%) | −$225 (-9.7%) | $1,824 – $2,275 | 4 |
| Studio | $1,550 | −$525 (-25.3%) | −$774 (-33.3%) | $1,525 – $1,575 | 3 |
| 1BR | $2,600 | +$100 (+4.0%) | −$150 (-5.5%) | $2,600 – $2,625 | 4 |
| 1BR | $2,950 | +$450 (+18.0%) | +$200 (+7.3%) | $2,800 – $3,150 | 5 |
| 2BR | $2,700 | −$400 (-12.9%) | −$100 (-3.6%) | $2,700 – $2,700 | 1 |
| 2BR | $2,723 | −$377 (-12.2%) | −$77 (-2.8%) | $2,400 – $2,900 | 12 |
| 3BR | $3,200 | −$95 (-2.9%) | −$572 (-15.2%) | $2,950 – $3,800 | 13 |
| 3BR | $3,750 | +$455 (+13.8%) | −$22 (-0.6%) | $3,400 – $3,925 | 13 |
| 4BR | $3,850 | +$350 (+10.0%) | −$50 (-1.3%) | $3,448 – $4,500 | 7 |
| 4BR | $3,300 | −$200 (-5.7%) | −$600 (-15.4%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
East New York vs. New York City — July 2023
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $2,498 | −$398 (-15.9%) |
| Studio | $1,550 | $2,498 | −$947 (-37.9%) |
| 1BR | $2,600 | $2,450 | +$150 (+6.1%) |
| 1BR | $2,950 | $2,450 | +$500 (+20.4%) |
| 2BR | $2,700 | $2,800 | −$100 (-3.6%) |
| 2BR | $2,723 | $2,800 | −$77 (-2.8%) |
| 3BR | $3,200 | $3,400 | −$200 (-5.9%) |
| 3BR | $3,750 | $3,400 | +$350 (+10.3%) |
| 4BR | $3,850 | $4,200 | −$350 (-8.3%) |
| 4BR | $3,300 | $4,200 | −$900 (-21.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.