Monthly Rent Report

Park Slope Rent Report — July 2023

Asking rents in ZIP 11217, New York City, from 102 listings.

Median 1BR rent in Park Slope was $4,300 in July 2023, down 5.3% (−$240) from June 2023 and up 8.9% year-over-year. The middle half of 1BR listings asked between $3,525 and $4,538. That puts Park Slope $1,850 above the New York City citywide 1BR median of $2,450. The month's figures are based on 102 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2023Vs. July 2022P25–P75 RangeListings
Studio$3,552+$132 (+3.9%)+$352 (+11.0%)$3,351 – $3,63814
Studio$3,530+$110 (+3.2%)+$330 (+10.3%)$3,523 – $3,5483
1BR$4,300−$240 (-5.3%)+$350 (+8.9%)$3,525 – $4,53830
1BR$4,495−$45 (-1.0%)+$545 (+13.8%)$4,495 – $4,4951
2BR$7,419+$1,434 (+24.0%)+$1,189 (+19.1%)$7,419 – $7,4191
2BR$4,960−$1,025 (-17.1%)−$1,270 (-20.4%)$4,496 – $6,00422
3BR$7,200−$1,564 (-17.8%)+$905 (+14.4%)$6,375 – $8,0504
3BR$5,995−$2,769 (-31.6%)−$300 (-4.8%)$5,495 – $7,2509
4BR$13,995+$598 (+4.5%)+$6,295 (+81.8%)$11,221 – $15,1214
4BR$15,750+$2,353 (+17.6%)+$8,050 (+104.5%)$12,000 – $17,9959

Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.

Park Slope vs. New York CityJuly 2023

BedroomsPark Slope MedianNYC Citywide MedianDifference
Studio$3,552$2,498+$1,055 (+42.2%)
Studio$3,530$2,498+$1,033 (+41.3%)
1BR$4,300$2,450+$1,850 (+75.5%)
1BR$4,495$2,450+$2,045 (+83.5%)
2BR$7,419$2,800+$4,619 (+165.0%)
2BR$4,960$2,800+$2,160 (+77.1%)
3BR$7,200$3,400+$3,800 (+111.8%)
3BR$5,995$3,400+$2,595 (+76.3%)
4BR$13,995$4,200+$9,795 (+233.2%)
4BR$15,750$4,200+$11,550 (+275.0%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.

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