Monthly Rent Report
East New York Rent Report — October 2023
Asking rents in ZIP 11208, New York City, from 186 listings.
Median 1BR rent in East New York was $1,000 in October 2023, down 44.4% (−$800) from September 2023 and down 50.6% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts East New York $1,450 below the New York City citywide 1BR median of $2,450. The month's figures are based on 186 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | +$400 (+25.0%) | −$700 (-25.9%) | $2,000 – $2,000 | 1 |
| Studio | $2,000 | +$400 (+25.0%) | −$700 (-25.9%) | $2,000 – $2,000 | 1 |
| 1BR | $1,000 | −$800 (-44.4%) | −$1,025 (-50.6%) | $1,000 – $1,000 | 1 |
| 1BR | $1,800 | $0 (0.0%) | −$225 (-11.1%) | $1,800 – $1,850 | 12 |
| 2BR | $2,646 | +$96 (+3.7%) | +$546 (+26.0%) | $2,407 – $2,900 | 36 |
| 2BR | $2,472 | −$78 (-3.1%) | +$372 (+17.7%) | $2,375 – $2,600 | 48 |
| 3BR | $3,052 | −$48 (-1.5%) | +$352 (+13.0%) | $2,950 – $3,200 | 79 |
| 3BR | $3,084 | −$16 (-0.5%) | +$384 (+14.2%) | $3,084 – $3,084 | 1 |
| 4BR | $3,175 | −$25 (-0.8%) | −$225 (-6.6%) | $3,150 – $3,200 | 4 |
| 4BR | $3,200 | $0 (0.0%) | −$200 (-5.9%) | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
East New York vs. New York City — October 2023
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $2,411 | −$410 (-17.0%) |
| Studio | $2,000 | $2,411 | −$410 (-17.0%) |
| 1BR | $1,000 | $2,450 | −$1,450 (-59.2%) |
| 1BR | $1,800 | $2,450 | −$650 (-26.5%) |
| 2BR | $2,646 | $2,900 | −$254 (-8.8%) |
| 2BR | $2,472 | $2,900 | −$428 (-14.8%) |
| 3BR | $3,052 | $3,349 | −$297 (-8.9%) |
| 3BR | $3,084 | $3,349 | −$265 (-7.9%) |
| 4BR | $3,175 | $4,200 | −$1,025 (-24.4%) |
| 4BR | $3,200 | $4,200 | −$1,000 (-23.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.