Monthly Rent Report
Park Slope Rent Report — August 2023
Asking rents in ZIP 11217, New York City, from 45 listings.
Median 1BR rent in Park Slope was $4,687 in August 2023, up 4.3% (+$192) from July 2023 and up 14.3% year-over-year. The middle half of 1BR listings asked between $4,687 and $4,687. That puts Park Slope $2,337 above the New York City citywide 1BR median of $2,350. The month's figures are based on 45 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,520 | −$10 (-0.3%) | +$225 (+6.8%) | $3,507 – $3,532 | 2 |
| Studio | $2,895 | −$635 (-18.0%) | −$400 (-12.1%) | $2,778 – $3,400 | 5 |
| 1BR | $4,687 | +$192 (+4.3%) | +$587 (+14.3%) | $4,687 – $4,687 | 1 |
| 1BR | $3,675 | −$820 (-18.2%) | −$425 (-10.4%) | $2,900 – $3,959 | 6 |
| 2BR | $5,650 | −$1,769 (-23.8%) | +$150 (+2.7%) | $5,650 – $5,650 | 1 |
| 2BR | $4,850 | −$2,569 (-34.6%) | −$650 (-11.8%) | $3,838 – $6,144 | 6 |
| 3BR | $5,700 | −$295 (-4.9%) | −$637 (-10.1%) | $4,850 – $8,350 | 3 |
| 3BR | $5,445 | −$550 (-9.2%) | −$892 (-14.1%) | $5,075 – $7,184 | 8 |
| 4BR | $7,750 | −$8,000 (-50.8%) | −$4,750 (-38.0%) | $7,750 – $7,750 | 1 |
| 4BR | $13,500 | −$2,250 (-14.3%) | +$1,000 (+8.0%) | $11,650 – $14,800 | 7 |
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 | $3,520 | $2,490 | +$1,030 (+41.3%) |
| Studio | $2,895 | $2,490 | +$405 (+16.3%) |
| 1BR | $4,687 | $2,350 | +$2,337 (+99.4%) |
| 1BR | $3,675 | $2,350 | +$1,325 (+56.4%) |
| 2BR | $5,650 | $2,859 | +$2,791 (+97.6%) |
| 2BR | $4,850 | $2,859 | +$1,991 (+69.6%) |
| 3BR | $5,700 | $3,413 | +$2,288 (+67.0%) |
| 3BR | $5,445 | $3,413 | +$2,033 (+59.6%) |
| 4BR | $7,750 | $4,200 | +$3,550 (+84.5%) |
| 4BR | $13,500 | $4,200 | +$9,300 (+221.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.