Monthly Rent Report
East New York Rent Report — March 2023
Asking rents in ZIP 11208, New York City, from 180 listings.
Median 1BR rent in East New York was $2,200 in March 2023, up 25.7% (+$450) from February 2023 and up 31.3% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,575. That puts East New York $99 below the New York City citywide 1BR median of $2,299. The month's figures are based on 180 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,300 | +$500 (+17.9%) | +$550 (+20.0%) | $2,700 – $8,500 | 5 |
| Studio | $2,000 | −$800 (-28.6%) | −$750 (-27.3%) | $2,000 – $2,000 | 1 |
| 1BR | $2,200 | +$450 (+25.7%) | +$525 (+31.3%) | $2,200 – $2,575 | 6 |
| 1BR | $2,200 | +$450 (+25.7%) | +$525 (+31.3%) | $2,200 – $2,200 | 3 |
| 2BR | $2,495 | −$5 (-0.2%) | +$595 (+31.3%) | $2,200 – $2,500 | 55 |
| 2BR | $900 | −$1,600 (-64.0%) | −$1,000 (-52.6%) | $900 – $900 | 1 |
| 3BR | $2,350 | −$838 (-26.3%) | −$450 (-16.1%) | $2,350 – $2,350 | 2 |
| 3BR | $2,999 | −$189 (-5.9%) | +$199 (+7.1%) | $2,700 – $3,100 | 98 |
| 4BR | $3,500 | $0 (0.0%) | +$312 (+9.8%) | $3,365 – $3,500 | 7 |
| 4BR | $3,650 | +$150 (+4.3%) | +$462 (+14.5%) | $3,575 – $3,725 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
East New York vs. New York City — March 2023
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,300 | $2,200 | +$1,100 (+50.0%) |
| Studio | $2,000 | $2,200 | −$200 (-9.1%) |
| 1BR | $2,200 | $2,299 | −$99 (-4.3%) |
| 1BR | $2,200 | $2,299 | −$99 (-4.3%) |
| 2BR | $2,495 | $2,650 | −$155 (-5.8%) |
| 2BR | $900 | $2,650 | −$1,750 (-66.0%) |
| 3BR | $2,350 | $3,200 | −$850 (-26.6%) |
| 3BR | $2,999 | $3,200 | −$201 (-6.3%) |
| 4BR | $3,500 | $3,995 | −$495 (-12.4%) |
| 4BR | $3,650 | $3,995 | −$345 (-8.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.