Monthly Rent Report
East New York Rent Report — May 2023
Asking rents in ZIP 11208, New York City, from 121 listings.
Median 1BR rent in East New York was $1,750 in May 2023, down 8.5% (−$162) from April 2023 and down 12.3% year-over-year. The middle half of 1BR listings asked between $1,600 and $2,025. That puts East New York $727 below the New York City citywide 1BR median of $2,477. The month's figures are based on 121 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | +$150 (+5.7%) | +$1,050 (+60.0%) | $2,700 – $8,500 | 5 |
| Studio | $5,650 | +$3,000 (+113.2%) | +$3,900 (+222.9%) | $4,225 – $7,075 | 2 |
| 1BR | $1,750 | −$162 (-8.5%) | −$245 (-12.3%) | $1,600 – $2,025 | 11 |
| 1BR | $2,200 | +$288 (+15.0%) | +$205 (+10.3%) | $1,900 – $2,300 | 3 |
| 2BR | $2,495 | $0 (0.0%) | +$695 (+38.6%) | $2,200 – $2,500 | 31 |
| 2BR | $2,050 | −$445 (-17.8%) | +$250 (+13.9%) | $2,050 – $2,050 | 1 |
| 3BR | $3,019 | +$520 (+20.8%) | +$19 (+0.6%) | $2,800 – $3,257 | 59 |
| 3BR | $2,500 | +$1 (+0.0%) | −$500 (-16.7%) | $2,500 – $2,500 | 1 |
| 4BR | $3,500 | +$115 (+3.4%) | +$1,150 (+48.9%) | $3,500 – $3,500 | 5 |
| 4BR | $2,800 | −$585 (-17.3%) | +$450 (+19.1%) | $2,800 – $2,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
East New York vs. New York City — May 2023
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $2,450 | +$350 (+14.3%) |
| Studio | $5,650 | $2,450 | +$3,200 (+130.6%) |
| 1BR | $1,750 | $2,477 | −$727 (-29.4%) |
| 1BR | $2,200 | $2,477 | −$277 (-11.2%) |
| 2BR | $2,495 | $2,800 | −$305 (-10.9%) |
| 2BR | $2,050 | $2,800 | −$750 (-26.8%) |
| 3BR | $3,019 | $3,225 | −$206 (-6.4%) |
| 3BR | $2,500 | $3,225 | −$725 (-22.5%) |
| 4BR | $3,500 | $4,000 | −$500 (-12.5%) |
| 4BR | $2,800 | $4,000 | −$1,200 (-30.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.