Monthly Rent Report
Flatbush Rent Report — May 2023
Asking rents in ZIP 11226, New York City, from 384 listings.
Median 1BR rent in Flatbush was $2,600 in May 2023, up 4.0% (+$100) from April 2023 and up 8.6% year-over-year. The middle half of 1BR listings asked between $2,438 and $3,013. That puts Flatbush $123 above the New York City citywide 1BR median of $2,477. The month's figures are based on 384 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,325 | −$924 (-28.5%) | −$375 (-13.9%) | $2,195 – $2,487 | 32 |
| Studio | $2,775 | −$474 (-14.6%) | +$75 (+2.8%) | $2,763 – $2,788 | 2 |
| 1BR | $2,600 | +$100 (+4.0%) | +$205 (+8.6%) | $2,438 – $3,013 | 100 |
| 1BR | $3,295 | +$795 (+31.8%) | +$900 (+37.6%) | $3,295 – $3,295 | 1 |
| 2BR | $2,995 | +$196 (+7.0%) | +$795 (+36.1%) | $2,599 – $3,393 | 124 |
| 2BR | $4,225 | +$1,426 (+50.9%) | +$2,025 (+92.0%) | $4,069 – $4,406 | 4 |
| 3BR | $5,250 | +$2,051 (+64.1%) | +$2,306 (+78.3%) | $5,250 – $5,250 | 1 |
| 3BR | $3,300 | +$101 (+3.1%) | +$356 (+12.1%) | $3,000 – $4,250 | 107 |
| 4BR | $3,768 | −$7 (-0.2%) | +$368 (+10.8%) | $3,705 – $3,838 | 10 |
| 4BR | $3,299 | −$476 (-12.6%) | −$101 (-3.0%) | $3,299 – $3,299 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Flatbush vs. New York City — May 2023
| Bedrooms | Flatbush Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,325 | $2,450 | −$125 (-5.1%) |
| Studio | $2,775 | $2,450 | +$325 (+13.3%) |
| 1BR | $2,600 | $2,477 | +$123 (+5.0%) |
| 1BR | $3,295 | $2,477 | +$818 (+33.0%) |
| 2BR | $2,995 | $2,800 | +$195 (+6.9%) |
| 2BR | $4,225 | $2,800 | +$1,425 (+50.9%) |
| 3BR | $5,250 | $3,225 | +$2,025 (+62.8%) |
| 3BR | $3,300 | $3,225 | +$75 (+2.3%) |
| 4BR | $3,768 | $4,000 | −$232 (-5.8%) |
| 4BR | $3,299 | $4,000 | −$701 (-17.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.