Monthly Rent Report
East New York Rent Report — August 2024
Asking rents in ZIP 11207, New York City, from 8 listings.
Median 1BR rent in East New York was $2,000 in August 2024, down 22.6% (−$584) from July 2024 and down 16.2% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts East New York $390 below the New York City citywide 1BR median of $2,390. The month's figures are based on 8 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,595 | +$195 (+8.1%) | +$595 (+29.8%) | $2,595 – $2,595 | 1 |
| 1BR | $2,000 | −$584 (-22.6%) | −$387 (-16.2%) | $2,000 – $2,000 | 1 |
| 2BR | $2,400 | −$550 (-18.6%) | −$399 (-14.3%) | $2,400 – $2,400 | 1 |
| 3BR | $2,800 | −$800 (-22.2%) | −$199 (-6.6%) | $2,800 – $2,800 | 1 |
| 3BR | $2,700 | −$900 (-25.0%) | −$299 (-10.0%) | $2,700 – $2,700 | 1 |
| 4BR | $3,900 | −$97 (-2.4%) | −$479 (-10.9%) | $3,900 – $3,900 | 1 |
| 4BR | $2,800 | −$1,197 (-29.9%) | −$1,579 (-36.1%) | $2,800 – $2,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
East New York vs. New York City — August 2024
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,595 | $2,500 | +$95 (+3.8%) |
| 1BR | $2,000 | $2,390 | −$390 (-16.3%) |
| 2BR | $2,400 | $2,900 | −$500 (-17.2%) |
| 3BR | $2,800 | $3,603 | −$803 (-22.3%) |
| 3BR | $2,700 | $3,603 | −$903 (-25.1%) |
| 4BR | $3,900 | $4,225 | −$325 (-7.7%) |
| 4BR | $2,800 | $4,225 | −$1,425 (-33.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.