Monthly Rent Report
East New York Rent Report — August 2023
Asking rents in ZIP 11208, New York City, from 55 listings.
Median 1BR rent in East New York was $2,175 in August 2023, down 8.9% (−$212) from July 2023 and up 2.4% year-over-year. The middle half of 1BR listings asked between $1,925 and $2,359. That puts East New York $175 below the New York City citywide 1BR median of $2,350. The month's figures are based on 55 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | +$700 (+56.0%) | — | $1,675 – $2,225 | 2 |
| Studio | $1,700 | +$450 (+36.0%) | — | $1,363 – $2,125 | 4 |
| 1BR | $2,175 | −$212 (-8.9%) | +$50 (+2.4%) | $1,925 – $2,359 | 8 |
| 1BR | $2,303 | −$84 (-3.5%) | +$178 (+8.4%) | $2,303 – $2,303 | 1 |
| 2BR | $2,400 | +$150 (+6.7%) | +$1 (+0.0%) | $2,350 – $2,400 | 3 |
| 2BR | $2,425 | +$175 (+7.8%) | +$26 (+1.1%) | $2,250 – $2,621 | 20 |
| 3BR | $3,084 | +$84 (+2.8%) | +$216 (+7.5%) | $3,027 – $3,125 | 12 |
| 3BR | $3,084 | +$84 (+2.8%) | +$216 (+7.5%) | $3,084 – $3,092 | 3 |
| 4BR | $3,200 | +$200 (+6.7%) | −$174 (-5.2%) | $3,200 – $3,200 | 1 |
| 4BR | $3,200 | +$200 (+6.7%) | −$174 (-5.2%) | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
East New York vs. New York City — August 2023
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $2,490 | −$540 (-21.7%) |
| Studio | $1,700 | $2,490 | −$790 (-31.7%) |
| 1BR | $2,175 | $2,350 | −$175 (-7.4%) |
| 1BR | $2,303 | $2,350 | −$47 (-2.0%) |
| 2BR | $2,400 | $2,859 | −$459 (-16.1%) |
| 2BR | $2,425 | $2,859 | −$434 (-15.2%) |
| 3BR | $3,084 | $3,413 | −$328 (-9.6%) |
| 3BR | $3,084 | $3,413 | −$328 (-9.6%) |
| 4BR | $3,200 | $4,200 | −$1,000 (-23.8%) |
| 4BR | $3,200 | $4,200 | −$1,000 (-23.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.