Monthly Rent Report
Park Slope Rent Report — May 2023
Asking rents in ZIP 11215, New York City, from 273 listings.
Median 1BR rent in Park Slope was $3,598 in May 2023, down 0.1% (−$2) from April 2023 and up 6.0% year-over-year. The middle half of 1BR listings asked between $3,146 and $3,824. That puts Park Slope $1,120 above the New York City citywide 1BR median of $2,477. The month's figures are based on 273 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,900 | +$75 (+2.7%) | +$400 (+16.0%) | $2,725 – $3,112 | 18 |
| Studio | $3,250 | +$425 (+15.0%) | +$750 (+30.0%) | $3,075 – $3,323 | 3 |
| 1BR | $3,598 | −$2 (-0.1%) | +$203 (+6.0%) | $3,146 – $3,824 | 68 |
| 1BR | $2,800 | −$800 (-22.2%) | −$595 (-17.5%) | $2,800 – $2,800 | 1 |
| 1BR | $5,000 | +$1,400 (+38.9%) | +$1,605 (+47.3%) | $5,000 – $5,000 | 1 |
| 2BR | $4,395 | +$195 (+4.6%) | −$105 (-2.3%) | $3,750 – $4,825 | 83 |
| 2BR | $2,550 | −$1,650 (-39.3%) | −$1,950 (-43.3%) | $2,550 – $2,550 | 1 |
| 3BR | $4,500 | −$1,500 (-25.0%) | +$1,000 (+28.6%) | $4,500 – $4,500 | 1 |
| 3BR | $5,850 | −$150 (-2.5%) | +$2,350 (+67.1%) | $4,538 – $6,984 | 78 |
| 4BR | $2,350 | −$10,650 (-81.9%) | −$4,740 (-66.9%) | $2,350 – $2,350 | 1 |
| 4BR | $10,575 | −$2,425 (-18.7%) | +$3,485 (+49.2%) | $6,425 – $13,000 | 16 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Park Slope vs. New York City — May 2023
| Bedrooms | Park Slope Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,900 | $2,450 | +$450 (+18.4%) |
| Studio | $3,250 | $2,450 | +$800 (+32.7%) |
| 1BR | $3,598 | $2,477 | +$1,120 (+45.2%) |
| 1BR | $2,800 | $2,477 | +$323 (+13.0%) |
| 1BR | $5,000 | $2,477 | +$2,523 (+101.8%) |
| 2BR | $4,395 | $2,800 | +$1,595 (+57.0%) |
| 2BR | $2,550 | $2,800 | −$250 (-8.9%) |
| 3BR | $4,500 | $3,225 | +$1,275 (+39.5%) |
| 3BR | $5,850 | $3,225 | +$2,625 (+81.4%) |
| 4BR | $2,350 | $4,000 | −$1,650 (-41.3%) |
| 4BR | $10,575 | $4,000 | +$6,575 (+164.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.