Monthly Rent Report
Park Slope Rent Report — May 2024
Asking rents in ZIP 11215, New York City, from 417 listings.
Median 1BR rent in Park Slope was $3,500 in May 2024, up 62.8% (+$1,350) from April 2024 and down 30.0% year-over-year. The middle half of 1BR listings asked between $2,825 and $4,000. That puts Park Slope $1,075 above the New York City citywide 1BR median of $2,425. The month's figures are based on 417 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,900 | +$1,225 (+45.8%) | +$650 (+20.0%) | $3,900 – $3,900 | 1 |
| Studio | $2,635 | −$40 (-1.5%) | −$615 (-18.9%) | $2,299 – $2,863 | 32 |
| 1BR | $3,500 | +$1,350 (+62.8%) | −$1,500 (-30.0%) | $2,825 – $4,000 | 135 |
| 1BR | $3,725 | +$1,575 (+73.2%) | −$1,275 (-25.5%) | $3,562 – $3,887 | 2 |
| 2BR | $3,995 | −$5 (-0.1%) | +$1,445 (+56.7%) | $3,995 – $3,995 | 1 |
| 2BR | $4,250 | +$250 (+6.3%) | +$1,700 (+66.7%) | $3,796 – $5,000 | 154 |
| 3BR | $5,800 | −$25 (-0.4%) | −$50 (-0.9%) | $5,225 – $6,875 | 75 |
| 3BR | $7,500 | +$1,675 (+28.8%) | +$1,650 (+28.2%) | $7,500 – $7,500 | 3 |
| 4BR | $7,900 | −$1,100 (-12.2%) | −$2,675 (-25.3%) | $7,900 – $7,900 | 1 |
| 4BR | $6,050 | −$2,950 (-32.8%) | −$4,525 (-42.8%) | $4,200 – $10,050 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Park Slope vs. New York City — May 2024
| Bedrooms | Park Slope Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,900 | $2,350 | +$1,550 (+66.0%) |
| Studio | $2,635 | $2,350 | +$285 (+12.1%) |
| 1BR | $3,500 | $2,425 | +$1,075 (+44.3%) |
| 1BR | $3,725 | $2,425 | +$1,300 (+53.6%) |
| 2BR | $3,995 | $2,914 | +$1,082 (+37.1%) |
| 2BR | $4,250 | $2,914 | +$1,337 (+45.9%) |
| 3BR | $5,800 | $3,600 | +$2,200 (+61.1%) |
| 3BR | $7,500 | $3,600 | +$3,900 (+108.3%) |
| 4BR | $7,900 | $4,250 | +$3,650 (+85.9%) |
| 4BR | $6,050 | $4,250 | +$1,800 (+42.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.