Monthly Rent Report
Prospect Heights Rent Report — May 2021
Asking rents in ZIP 11238, New York City, from 399 listings.
Median 1BR rent in Prospect Heights was $2,275 in May 2021. The middle half of 1BR listings asked between $2,212 and $2,337. That puts Prospect Heights $455 above the New York City citywide 1BR median of $1,820. The month's figures are based on 399 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. Prior Month | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,137 | — | — | $2,137 – $2,137 | 2 |
| Studio | $2,162 | — | — | $1,684 – $2,764 | 68 |
| 1BR | $2,275 | — | — | $2,212 – $2,337 | 2 |
| 1BR | $2,595 | — | — | $2,000 – $2,950 | 110 |
| 2BR | $2,497 | — | — | $2,495 – $2,498 | 2 |
| 2BR | $2,666 | — | — | $2,361 – $3,200 | 118 |
| 3BR | $3,000 | — | — | $2,750 – $3,448 | 63 |
| 3BR | $3,000 | — | — | $2,750 – $3,250 | 2 |
| 4BR | $3,666 | — | — | $3,438 – $4,450 | 11 |
| 4BR | $3,999 | — | — | $3,438 – $4,326 | 15 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — May 2021
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,137 | $1,661 | +$476 (+28.7%) |
| Studio | $2,162 | $1,661 | +$501 (+30.2%) |
| 1BR | $2,275 | $1,820 | +$455 (+25.0%) |
| 1BR | $2,595 | $1,820 | +$775 (+42.6%) |
| 2BR | $2,497 | $2,200 | +$297 (+13.5%) |
| 2BR | $2,666 | $2,200 | +$466 (+21.2%) |
| 3BR | $3,000 | $2,550 | +$450 (+17.6%) |
| 3BR | $3,000 | $2,550 | +$450 (+17.6%) |
| 4BR | $3,666 | $3,400 | +$266 (+7.8%) |
| 4BR | $3,999 | $3,400 | +$599 (+17.6%) |
Citywide figure is the median of zip-level medians across 162 New York City zip codes with listings in May 2021.