Monthly Rent Report
Fort Greene Rent Report — May 2023
Asking rents in ZIP 11205, New York City, from 212 listings.
Median 1BR rent in Fort Greene was $3,778 in May 2023, down 4.5% (−$179) from April 2023 and up 31.8% year-over-year. The middle half of 1BR listings asked between $3,332 and $3,985. That puts Fort Greene $1,300 above the New York City citywide 1BR median of $2,477. The month's figures are based on 212 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,215 | +$211 (+7.0%) | +$965 (+42.9%) | $3,053 – $4,600 | 11 |
| Studio | $3,908 | +$904 (+30.1%) | +$1,658 (+73.7%) | $3,049 – $4,825 | 4 |
| 1BR | $3,778 | −$179 (-4.5%) | +$913 (+31.8%) | $3,332 – $3,985 | 64 |
| 1BR | $3,725 | −$232 (-5.9%) | +$860 (+30.0%) | $3,562 – $3,895 | 17 |
| 2BR | $2,995 | −$952 (-24.1%) | −$1,280 (-29.9%) | $2,995 – $2,995 | 1 |
| 2BR | $3,840 | −$107 (-2.7%) | −$435 (-10.2%) | $3,500 – $4,059 | 52 |
| 3BR | $3,800 | $0 (0.0%) | −$900 (-19.1%) | $3,250 – $4,450 | 11 |
| 3BR | $4,100 | +$300 (+7.9%) | −$600 (-12.8%) | $3,400 – $4,595 | 37 |
| 4BR | $6,250 | +$1,750 (+38.9%) | — | $5,625 – $6,499 | 4 |
| 4BR | $6,499 | +$1,999 (+44.4%) | — | $6,000 – $8,999 | 9 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Fort Greene vs. New York City — May 2023
| Bedrooms | Fort Greene Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,215 | $2,450 | +$765 (+31.2%) |
| Studio | $3,908 | $2,450 | +$1,458 (+59.5%) |
| 1BR | $3,778 | $2,477 | +$1,300 (+52.5%) |
| 1BR | $3,725 | $2,477 | +$1,248 (+50.4%) |
| 2BR | $2,995 | $2,800 | +$195 (+7.0%) |
| 2BR | $3,840 | $2,800 | +$1,040 (+37.1%) |
| 3BR | $3,800 | $3,225 | +$575 (+17.8%) |
| 3BR | $4,100 | $3,225 | +$875 (+27.1%) |
| 4BR | $6,250 | $4,000 | +$2,250 (+56.2%) |
| 4BR | $6,499 | $4,000 | +$2,499 (+62.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.