Monthly Rent Report
East New York Rent Report — May 2024
Asking rents in ZIP 11208, New York City, from 195 listings.
Median 1BR rent in East New York was $1,850 in May 2024, down 7.5% (−$150) from April 2024 and up 5.7% year-over-year. The middle half of 1BR listings asked between $1,700 and $2,000. That puts East New York $575 below the New York City citywide 1BR median of $2,425. The month's figures are based on 195 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,850 | −$150 (-7.5%) | +$100 (+5.7%) | $1,700 – $2,000 | 6 |
| 1BR | $2,000 | $0 (0.0%) | +$250 (+14.3%) | $1,725 – $2,425 | 26 |
| 2BR | $2,700 | +$200 (+8.0%) | +$205 (+8.2%) | $2,575 – $2,943 | 7 |
| 2BR | $2,863 | +$363 (+14.5%) | +$368 (+14.7%) | $2,500 – $2,914 | 32 |
| 3BR | $3,464 | +$207 (+6.4%) | +$964 (+38.6%) | $3,000 – $3,606 | 99 |
| 3BR | $2,950 | −$307 (-9.4%) | +$450 (+18.0%) | $2,750 – $3,777 | 9 |
| 4BR | $2,995 | −$5 (-0.2%) | −$505 (-14.4%) | $2,995 – $2,995 | 3 |
| 4BR | $3,200 | +$200 (+6.7%) | −$300 (-8.6%) | $3,200 – $3,500 | 13 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
East New York vs. New York City — May 2024
| Bedrooms | East New York Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,850 | $2,425 | −$575 (-23.7%) |
| 1BR | $2,000 | $2,425 | −$425 (-17.5%) |
| 2BR | $2,700 | $2,914 | −$213 (-7.3%) |
| 2BR | $2,863 | $2,914 | −$51 (-1.8%) |
| 3BR | $3,464 | $3,600 | −$136 (-3.8%) |
| 3BR | $2,950 | $3,600 | −$650 (-18.1%) |
| 4BR | $2,995 | $4,250 | −$1,255 (-29.5%) |
| 4BR | $3,200 | $4,250 | −$1,050 (-24.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.