Monthly Rent Report
Greenpoint Rent Report — May 2023
Asking rents in ZIP 11222, New York City, from 474 listings.
Median 1BR rent in Greenpoint was $4,870 in May 2023, up 5.4% (+$248) from April 2023 and up 21.8% year-over-year. The middle half of 1BR listings asked between $4,322 and $5,415. That puts Greenpoint $2,393 above the New York City citywide 1BR median of $2,477. The month's figures are based on 474 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,775 | +$212 (+6.0%) | +$351 (+10.3%) | $3,487 – $4,080 | 29 |
| Studio | $3,690 | +$127 (+3.6%) | +$266 (+7.8%) | $3,427 – $4,053 | 55 |
| 1BR | $4,870 | +$248 (+5.4%) | +$870 (+21.8%) | $4,322 – $5,415 | 53 |
| 1BR | $4,780 | +$158 (+3.4%) | +$780 (+19.5%) | $4,005 – $5,323 | 111 |
| 2BR | $6,200 | +$876 (+16.4%) | +$1,210 (+24.2%) | $4,415 – $7,168 | 119 |
| 2BR | $5,750 | +$426 (+8.0%) | +$760 (+15.2%) | $5,750 – $5,750 | 1 |
| 3BR | $5,300 | −$99 (-1.8%) | +$500 (+10.4%) | $5,199 – $6,000 | 17 |
| 3BR | $5,300 | −$99 (-1.8%) | +$500 (+10.4%) | $4,500 – $7,200 | 57 |
| 4BR | $6,350 | −$250 (-3.8%) | +$350 (+5.8%) | $5,173 – $6,600 | 23 |
| 4BR | $6,600 | $0 (0.0%) | +$600 (+10.0%) | $6,598 – $6,646 | 7 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Greenpoint vs. New York City — May 2023
| Bedrooms | Greenpoint Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,775 | $2,450 | +$1,325 (+54.1%) |
| Studio | $3,690 | $2,450 | +$1,240 (+50.6%) |
| 1BR | $4,870 | $2,477 | +$2,393 (+96.6%) |
| 1BR | $4,780 | $2,477 | +$2,303 (+93.0%) |
| 2BR | $6,200 | $2,800 | +$3,400 (+121.4%) |
| 2BR | $5,750 | $2,800 | +$2,950 (+105.4%) |
| 3BR | $5,300 | $3,225 | +$2,075 (+64.3%) |
| 3BR | $5,300 | $3,225 | +$2,075 (+64.3%) |
| 4BR | $6,350 | $4,000 | +$2,350 (+58.8%) |
| 4BR | $6,600 | $4,000 | +$2,600 (+65.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.