Monthly Rent Report
Park Slope Rent Report — August 2023
Asking rents in ZIP 11215, New York City, from 52 listings.
Median 1BR rent in Park Slope was $4,400 in August 2023, up 29.4% (+$1,001) from July 2023 and up 38.6% year-over-year. The middle half of 1BR listings asked between $4,400 and $4,400. That puts Park Slope $2,050 above the New York City citywide 1BR median of $2,350. The month's figures are based on 52 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $6,000 | $0 (0.0%) | +$4,300 (+252.9%) | $6,000 – $6,000 | 1 |
| Studio | $3,695 | −$2,305 (-38.4%) | +$1,995 (+117.4%) | $3,695 – $3,695 | 1 |
| Studio | $4,425 | −$1,575 (-26.3%) | +$2,725 (+160.3%) | $2,775 – $6,000 | 6 |
| 1BR | $4,400 | +$1,001 (+29.4%) | +$1,225 (+38.6%) | $4,400 – $4,400 | 2 |
| 1BR | $2,500 | −$899 (-26.5%) | −$675 (-21.3%) | $2,500 – $2,900 | 5 |
| 1BR | $2,800 | −$599 (-17.6%) | −$375 (-11.8%) | $2,800 – $2,800 | 1 |
| 2BR | $3,650 | −$1,350 (-27.0%) | +$1,150 (+46.0%) | $3,325 – $3,949 | 10 |
| 2BR | $2,500 | −$2,500 (-50.0%) | $0 (0.0%) | $2,500 – $2,500 | 1 |
| 3BR | $4,700 | −$1,700 (-26.6%) | −$1,825 (-28.0%) | $4,250 – $6,300 | 11 |
| 3BR | $4,625 | −$1,775 (-27.7%) | −$1,900 (-29.1%) | $4,538 – $4,713 | 2 |
| 4BR | $15,000 | +$4,000 (+36.4%) | +$8,600 (+134.4%) | $10,950 – $15,000 | 3 |
| 4BR | $7,200 | −$3,800 (-34.5%) | +$800 (+12.5%) | $7,200 – $7,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Park Slope vs. New York City — August 2023
| Bedrooms | Park Slope Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $6,000 | $2,490 | +$3,510 (+141.0%) |
| Studio | $3,695 | $2,490 | +$1,205 (+48.4%) |
| Studio | $4,425 | $2,490 | +$1,935 (+77.7%) |
| 1BR | $4,400 | $2,350 | +$2,050 (+87.2%) |
| 1BR | $2,500 | $2,350 | +$150 (+6.4%) |
| 1BR | $2,800 | $2,350 | +$450 (+19.1%) |
| 2BR | $3,650 | $2,859 | +$791 (+27.7%) |
| 2BR | $2,500 | $2,859 | −$359 (-12.6%) |
| 3BR | $4,700 | $3,413 | +$1,288 (+37.7%) |
| 3BR | $4,625 | $3,413 | +$1,213 (+35.5%) |
| 4BR | $15,000 | $4,200 | +$10,800 (+257.1%) |
| 4BR | $7,200 | $4,200 | +$3,000 (+71.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.