Monthly Rent Report
East New York Rent Report — September 2023
Asking rents in ZIP 11207, New York City, from 20 listings.
Median 1BR rent in East New York was $1,800 in September 2023, down 33.3% (−$900) from August 2023 and down 30.1% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts East New York $700 below the New York City citywide 1BR median of $2,500. The month's figures are based on 20 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,960 | +$1,460 (+97.3%) | +$1,273 (+75.4%) | $2,200 – $2,960 | 5 |
| 1BR | $1,800 | −$900 (-33.3%) | −$775 (-30.1%) | $1,800 – $1,800 | 1 |
| 1BR | $2,027 | −$673 (-24.9%) | −$548 (-21.3%) | $1,851 – $2,202 | 2 |
| 2BR | $2,850 | −$99 (-3.4%) | +$555 (+24.2%) | $2,850 – $2,850 | 1 |
| 2BR | $3,400 | +$451 (+15.3%) | +$1,105 (+48.1%) | $3,100 – $3,400 | 3 |
| 3BR | $3,385 | +$386 (+12.9%) | +$285 (+9.2%) | $3,385 – $3,385 | 1 |
| 3BR | $3,500 | +$501 (+16.7%) | +$400 (+12.9%) | $2,900 – $3,600 | 5 |
| 4BR | $3,300 | −$1,079 (-24.6%) | −$200 (-5.7%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
East New York vs. New York City — September 2023
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,960 | $2,400 | +$560 (+23.3%) |
| 1BR | $1,800 | $2,500 | −$700 (-28.0%) |
| 1BR | $2,027 | $2,500 | −$473 (-18.9%) |
| 2BR | $2,850 | $3,000 | −$150 (-5.0%) |
| 2BR | $3,400 | $3,000 | +$400 (+13.3%) |
| 3BR | $3,385 | $3,500 | −$115 (-3.3%) |
| 3BR | $3,500 | $3,500 | $0 (0.0%) |
| 4BR | $3,300 | $4,325 | −$1,025 (-23.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.