Monthly Rent Report
Fort Greene Rent Report — May 2024
Asking rents in ZIP 11205, New York City, from 259 listings.
Median 1BR rent in Fort Greene was $3,550 in May 2024, down 16.4% (−$699) from April 2024 and down 4.7% year-over-year. The middle half of 1BR listings asked between $3,148 and $3,850. That puts Fort Greene $1,125 above the New York City citywide 1BR median of $2,425. The month's figures are based on 259 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,850 | −$150 (-5.0%) | −$365 (-11.4%) | $2,624 – $3,099 | 24 |
| Studio | $2,895 | −$105 (-3.5%) | −$320 (-10.0%) | $2,895 – $2,895 | 1 |
| 1BR | $3,550 | −$699 (-16.4%) | −$175 (-4.7%) | $3,148 – $3,850 | 63 |
| 1BR | $4,261 | +$12 (+0.3%) | +$536 (+14.4%) | $4,261 – $4,261 | 1 |
| 2BR | $3,853 | +$53 (+1.4%) | +$13 (+0.3%) | $3,400 – $4,763 | 104 |
| 2BR | $4,481 | +$681 (+17.9%) | +$641 (+16.7%) | $4,481 – $4,481 | 1 |
| 3BR | $3,600 | −$429 (-10.7%) | −$200 (-5.3%) | $3,495 – $4,500 | 38 |
| 3BR | $2,700 | −$1,329 (-33.0%) | −$1,100 (-28.9%) | $2,700 – $2,700 | 1 |
| 4BR | $4,534 | −$66 (-1.4%) | −$1,715 (-27.5%) | $4,534 – $4,534 | 2 |
| 4BR | $5,000 | +$400 (+8.7%) | −$1,249 (-20.0%) | $4,534 – $5,567 | 19 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Fort Greene vs. New York City — May 2024
| Bedrooms | Fort Greene Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,850 | $2,350 | +$500 (+21.3%) |
| Studio | $2,895 | $2,350 | +$545 (+23.2%) |
| 1BR | $3,550 | $2,425 | +$1,125 (+46.4%) |
| 1BR | $4,261 | $2,425 | +$1,836 (+75.7%) |
| 2BR | $3,853 | $2,914 | +$939 (+32.2%) |
| 2BR | $4,481 | $2,914 | +$1,567 (+53.8%) |
| 3BR | $3,600 | $3,600 | $0 (0.0%) |
| 3BR | $2,700 | $3,600 | −$900 (-25.0%) |
| 4BR | $4,534 | $4,250 | +$284 (+6.7%) |
| 4BR | $5,000 | $4,250 | +$750 (+17.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.