Monthly Rent Report
East New York Rent Report — September 2023
Asking rents in ZIP 11208, New York City, from 69 listings.
Median 1BR rent in East New York was $1,800 in September 2023, down 21.8% (−$503) from August 2023 and down 16.3% year-over-year. The middle half of 1BR listings asked between $1,800 and $2,302. That puts East New York $700 below the New York City citywide 1BR median of $2,500. The month's figures are based on 69 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | −$100 (-5.9%) | +$328 (+25.7%) | $1,225 – $2,650 | 6 |
| 1BR | $1,800 | −$503 (-21.8%) | −$350 (-16.3%) | $1,800 – $2,302 | 5 |
| 2BR | $2,550 | +$150 (+6.3%) | +$350 (+15.9%) | $2,375 – $2,696 | 16 |
| 2BR | $2,550 | +$150 (+6.3%) | +$350 (+15.9%) | $2,550 – $2,550 | 1 |
| 3BR | $3,100 | +$16 (+0.5%) | $0 (0.0%) | $3,100 – $3,125 | 8 |
| 3BR | $3,000 | −$84 (-2.7%) | −$100 (-3.2%) | $2,938 – $3,150 | 28 |
| 4BR | $3,200 | $0 (0.0%) | +$25 (+0.8%) | $3,200 – $3,200 | 2 |
| 4BR | $3,200 | $0 (0.0%) | +$25 (+0.8%) | $3,175 – $3,200 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
East New York vs. New York City — September 2023
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $2,400 | −$800 (-33.3%) |
| 1BR | $1,800 | $2,500 | −$700 (-28.0%) |
| 2BR | $2,550 | $3,000 | −$450 (-15.0%) |
| 2BR | $2,550 | $3,000 | −$450 (-15.0%) |
| 3BR | $3,100 | $3,500 | −$400 (-11.4%) |
| 3BR | $3,000 | $3,500 | −$500 (-14.3%) |
| 4BR | $3,200 | $4,325 | −$1,125 (-26.0%) |
| 4BR | $3,200 | $4,325 | −$1,125 (-26.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.