Monthly Rent Report
Park Slope Rent Report — May 2023
Asking rents in ZIP 11217, New York City, from 279 listings.
Median 1BR rent in Park Slope was $4,328 in May 2023, up 3.3% (+$138) from April 2023 and up 3.0% year-over-year. The middle half of 1BR listings asked between $3,750 and $4,569. That puts Park Slope $1,851 above the New York City citywide 1BR median of $2,477. The month's figures are based on 279 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,445 | +$75 (+2.2%) | +$295 (+9.4%) | $3,298 – $3,515 | 35 |
| Studio | $3,390 | +$20 (+0.6%) | +$240 (+7.6%) | $3,390 – $3,390 | 1 |
| 1BR | $4,328 | +$138 (+3.3%) | +$128 (+3.0%) | $3,750 – $4,569 | 102 |
| 1BR | $4,090 | −$100 (-2.4%) | −$110 (-2.6%) | $4,090 – $4,090 | 1 |
| 2BR | $5,600 | −$60 (-1.1%) | −$2,350 (-29.6%) | $4,400 – $6,499 | 90 |
| 2BR | $6,295 | +$635 (+11.2%) | −$1,655 (-20.8%) | $6,295 – $6,295 | 1 |
| 3BR | $6,975 | −$3,025 (-30.3%) | −$1,020 (-12.8%) | $5,831 – $8,400 | 26 |
| 3BR | $8,509 | −$1,491 (-14.9%) | +$514 (+6.4%) | $8,509 – $8,509 | 1 |
| 4BR | $13,900 | +$400 (+3.0%) | +$4,400 (+46.3%) | $9,298 – $15,800 | 7 |
| 4BR | $12,000 | −$1,500 (-11.1%) | +$2,500 (+26.3%) | $9,298 – $13,400 | 3 |
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 | $3,445 | $2,450 | +$995 (+40.6%) |
| Studio | $3,390 | $2,450 | +$940 (+38.4%) |
| 1BR | $4,328 | $2,477 | +$1,851 (+74.7%) |
| 1BR | $4,090 | $2,477 | +$1,613 (+65.1%) |
| 2BR | $5,600 | $2,800 | +$2,800 (+100.0%) |
| 2BR | $6,295 | $2,800 | +$3,495 (+124.8%) |
| 3BR | $6,975 | $3,225 | +$3,750 (+116.3%) |
| 3BR | $8,509 | $3,225 | +$5,284 (+163.8%) |
| 4BR | $13,900 | $4,000 | +$9,900 (+247.5%) |
| 4BR | $12,000 | $4,000 | +$8,000 (+200.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.