Monthly Rent Report
East New York Rent Report — May 2024
Asking rents in ZIP 11207, New York City, from 182 listings.
Median 1BR rent in East New York was $2,440 in May 2024, up 13.8% (+$296) from April 2024 and down 12.7% year-over-year. The middle half of 1BR listings asked between $2,440 and $2,440. That puts East New York in line with the New York City citywide 1BR median of $2,425. The month's figures are based on 182 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,350 | +$145 (+6.6%) | +$150 (+6.8%) | $2,350 – $2,350 | 1 |
| Studio | $2,350 | +$145 (+6.6%) | +$150 (+6.8%) | $2,160 – $2,446 | 15 |
| 1BR | $2,440 | +$296 (+13.8%) | −$356 (-12.7%) | $2,440 – $2,440 | 3 |
| 1BR | $2,665 | +$521 (+24.3%) | −$131 (-4.7%) | $2,440 – $3,000 | 49 |
| 2BR | $2,100 | −$900 (-30.0%) | −$699 (-25.0%) | $2,100 – $2,100 | 1 |
| 2BR | $2,100 | −$900 (-30.0%) | −$699 (-25.0%) | $2,100 – $2,100 | 1 |
| 3BR | $3,995 | +$595 (+17.5%) | +$1,395 (+53.7%) | $3,700 – $5,700 | 9 |
| 3BR | $3,600 | +$200 (+5.9%) | +$1,000 (+38.5%) | $3,200 – $3,999 | 81 |
| 4BR | $4,000 | −$400 (-9.1%) | +$500 (+14.3%) | $4,000 – $4,000 | 1 |
| 4BR | $4,000 | −$400 (-9.1%) | +$500 (+14.3%) | $3,999 – $4,250 | 9 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
East New York vs. New York City — May 2024
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,350 | $2,350 | $0 (0.0%) |
| Studio | $2,350 | $2,350 | $0 (0.0%) |
| 1BR | $2,440 | $2,425 | +$15 (+0.6%) |
| 1BR | $2,665 | $2,425 | +$240 (+9.9%) |
| 2BR | $2,100 | $2,914 | −$813 (-27.9%) |
| 2BR | $2,100 | $2,914 | −$813 (-27.9%) |
| 3BR | $3,995 | $3,600 | +$395 (+11.0%) |
| 3BR | $3,600 | $3,600 | $0 (0.0%) |
| 4BR | $4,000 | $4,250 | −$250 (-5.9%) |
| 4BR | $4,000 | $4,250 | −$250 (-5.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.