Monthly Rent Report
East New York Rent Report — October 2023
Asking rents in ZIP 11207, New York City, from 184 listings.
Median 1BR rent in East New York was $2,695 in October 2023, up 49.7% (+$895) from September 2023 and up 17.2% year-over-year. The middle half of 1BR listings asked between $2,575 and $3,000. That puts East New York $245 above the New York City citywide 1BR median of $2,450. The month's figures are based on 184 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | −$760 (-25.7%) | $0 (0.0%) | $2,200 – $2,200 | 5 |
| Studio | $2,250 | −$710 (-24.0%) | +$50 (+2.3%) | $2,200 – $2,250 | 10 |
| 1BR | $2,695 | +$895 (+49.7%) | +$395 (+17.2%) | $2,575 – $3,000 | 51 |
| 1BR | $2,695 | +$895 (+49.7%) | +$395 (+17.2%) | $2,550 – $3,100 | 15 |
| 2BR | $2,800 | −$50 (-1.8%) | +$300 (+12.0%) | $2,612 – $3,119 | 50 |
| 2BR | $2,600 | −$250 (-8.8%) | +$100 (+4.0%) | $2,600 – $2,600 | 1 |
| 3BR | $2,900 | −$600 (-17.1%) | −$2,550 (-46.8%) | $2,900 – $2,900 | 1 |
| 3BR | $2,800 | −$700 (-20.0%) | −$2,650 (-48.6%) | $2,650 – $3,000 | 35 |
| 4BR | $3,300 | $0 (0.0%) | −$700 (-17.5%) | $3,300 – $3,300 | 1 |
| 4BR | $3,500 | +$200 (+6.1%) | −$500 (-12.5%) | $3,400 – $3,875 | 7 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
East New York vs. New York City — October 2023
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $2,411 | −$210 (-8.7%) |
| Studio | $2,250 | $2,411 | −$160 (-6.7%) |
| 1BR | $2,695 | $2,450 | +$245 (+10.0%) |
| 1BR | $2,695 | $2,450 | +$245 (+10.0%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.5%) |
| 2BR | $2,600 | $2,900 | −$300 (-10.3%) |
| 3BR | $2,900 | $3,349 | −$449 (-13.4%) |
| 3BR | $2,800 | $3,349 | −$549 (-16.4%) |
| 4BR | $3,300 | $4,200 | −$900 (-21.4%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.