Monthly Rent Report
East New York Rent Report — August 2023
Asking rents in ZIP 11207, New York City, from 34 listings.
Median 1BR rent in East New York was $2,387 in August 2023, down 8.2% (−$213) from July 2023 and up 59.1% year-over-year. The middle half of 1BR listings asked between $2,387 and $2,387. That puts East New York $37 above the New York City citywide 1BR median of $2,350. The month's figures are based on 34 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$599 (-28.6%) | −$450 (-23.1%) | $1,500 – $1,500 | 1 |
| Studio | $2,000 | −$99 (-4.7%) | +$50 (+2.6%) | $2,000 – $2,000 | 1 |
| 1BR | $2,387 | −$213 (-8.2%) | +$887 (+59.1%) | $2,387 – $2,387 | 1 |
| 1BR | $2,700 | +$100 (+3.8%) | +$1,200 (+80.0%) | $2,698 – $2,999 | 5 |
| 2BR | $2,799 | +$77 (+2.8%) | +$99 (+3.7%) | $2,725 – $2,850 | 3 |
| 2BR | $2,950 | +$227 (+8.3%) | +$250 (+9.2%) | $2,773 – $2,999 | 8 |
| 3BR | $3,600 | +$400 (+12.5%) | +$300 (+9.1%) | $3,375 – $3,900 | 7 |
| 3BR | $2,999 | −$201 (-6.3%) | −$301 (-9.1%) | $2,999 – $2,999 | 1 |
| 4BR | $4,825 | +$975 (+25.3%) | +$550 (+12.9%) | $4,488 – $5,163 | 2 |
| 4BR | $4,379 | +$529 (+13.7%) | +$104 (+2.4%) | $4,337 – $4,421 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
East New York vs. New York City — August 2023
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $2,490 | −$990 (-39.8%) |
| Studio | $2,000 | $2,490 | −$490 (-19.7%) |
| 1BR | $2,387 | $2,350 | +$37 (+1.6%) |
| 1BR | $2,700 | $2,350 | +$350 (+14.9%) |
| 2BR | $2,799 | $2,859 | −$60 (-2.1%) |
| 2BR | $2,950 | $2,859 | +$91 (+3.2%) |
| 3BR | $3,600 | $3,413 | +$188 (+5.5%) |
| 3BR | $2,999 | $3,413 | −$413 (-12.1%) |
| 4BR | $4,825 | $4,200 | +$625 (+14.9%) |
| 4BR | $4,379 | $4,200 | +$179 (+4.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.