Monthly Rent Report

Fort Greene Rent Report — August 2023

Asking rents in ZIP 11205, New York City, from 36 listings.

Median 1BR rent in Fort Greene was $2,200 in August 2023, down 39.5% (−$1,435) from July 2023 and down 31.3% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Fort Greene $150 below the New York City citywide 1BR median of $2,350. The month's figures are based on 36 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2023Vs. August 2022P25–P75 RangeListings
Studio$2,738−$582 (-17.5%)−$493 (-15.3%)$2,556 – $2,9192
Studio$1,740−$1,580 (-47.6%)−$1,491 (-46.1%)$1,740 – $1,7401
1BR$2,200−$1,435 (-39.5%)−$1,000 (-31.3%)$2,200 – $2,2001
1BR$3,722+$87 (+2.4%)+$522 (+16.3%)$3,722 – $3,7221
2BR$3,750−$900 (-19.4%)−$433 (-10.4%)$3,173 – $7,2507
2BR$4,250−$400 (-8.6%)+$67 (+1.6%)$3,438 – $5,4386
3BR$4,250−$250 (-5.6%)+$450 (+11.8%)$4,249 – $5,6884
3BR$3,950−$550 (-12.2%)+$150 (+3.9%)$3,465 – $4,8504
4BR$5,500−$695 (-11.2%)+$500 (+10.0%)$5,500 – $5,5001
4BR$10,500+$4,305 (+69.5%)+$5,500 (+110.0%)$8,750 – $11,0003

Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.

Fort Greene vs. New York CityAugust 2023

BedroomsFort Greene MedianNYC Citywide MedianDifference
Studio$2,738$2,490+$248 (+9.9%)
Studio$1,740$2,490−$750 (-30.1%)
1BR$2,200$2,350−$150 (-6.4%)
1BR$3,722$2,350+$1,372 (+58.4%)
2BR$3,750$2,859+$891 (+31.2%)
2BR$4,250$2,859+$1,391 (+48.7%)
3BR$4,250$3,413+$838 (+24.5%)
3BR$3,950$3,413+$537 (+15.7%)
4BR$5,500$4,200+$1,300 (+31.0%)
4BR$10,500$4,200+$6,300 (+150.0%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.

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