Monthly Rent Report
East New York Rent Report — July 2023
Asking rents in ZIP 11208, New York City, from 50 listings.
Median 1BR rent in East New York was $2,387 in July 2023, down 4.3% (−$108) from June 2023 and up 14.8% year-over-year. The middle half of 1BR listings asked between $2,387 and $2,387. That puts East New York $63 below the New York City citywide 1BR median of $2,450. The month's figures are based on 50 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | — | −$1,000 (-44.4%) | $1,250 – $1,250 | 1 |
| Studio | $1,649 | — | −$601 (-26.7%) | $1,250 – $1,649 | 5 |
| 1BR | $2,387 | −$108 (-4.3%) | +$307 (+14.8%) | $2,387 – $2,387 | 1 |
| 1BR | $2,494 | −$1 (-0.1%) | +$414 (+19.9%) | $2,440 – $2,547 | 2 |
| 2BR | $2,250 | −$150 (-6.3%) | −$250 (-10.0%) | $2,250 – $2,250 | 1 |
| 2BR | $2,500 | +$100 (+4.2%) | $0 (0.0%) | $2,490 – $2,550 | 5 |
| 3BR | $3,000 | $0 (0.0%) | +$400 (+15.4%) | $2,800 – $3,052 | 17 |
| 3BR | $3,000 | $0 (0.0%) | +$400 (+15.4%) | $2,837 – $3,163 | 10 |
| 4BR | $3,000 | −$400 (-11.8%) | +$600 (+25.0%) | $3,000 – $3,000 | 1 |
| 4BR | $3,500 | +$100 (+2.9%) | +$1,100 (+45.8%) | $3,475 – $4,200 | 7 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
East New York vs. New York City — July 2023
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $2,498 | −$1,247 (-49.9%) |
| Studio | $1,649 | $2,498 | −$848 (-34.0%) |
| 1BR | $2,387 | $2,450 | −$63 (-2.6%) |
| 1BR | $2,494 | $2,450 | +$44 (+1.8%) |
| 2BR | $2,250 | $2,800 | −$550 (-19.6%) |
| 2BR | $2,500 | $2,800 | −$300 (-10.7%) |
| 3BR | $3,000 | $3,400 | −$400 (-11.8%) |
| 3BR | $3,000 | $3,400 | −$400 (-11.8%) |
| 4BR | $3,000 | $4,200 | −$1,200 (-28.6%) |
| 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 July 2023.