Monthly Rent Report
Prospect Heights Rent Report — July 2021
Asking rents in ZIP 11238, New York City, from 273 listings.
Median 1BR rent in Prospect Heights was $2,650 in July 2021, up 33.3% (+$663) from June 2021. The middle half of 1BR listings asked between $2,100 and $3,316. That puts Prospect Heights $759 above the New York City citywide 1BR median of $1,891. The month's figures are based on 273 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,690 | +$1,115 (+70.8%) | — | $2,000 – $3,110 | 49 |
| Studio | $1,500 | −$75 (-4.8%) | — | $1,500 – $1,500 | 1 |
| 1BR | $2,650 | +$663 (+33.3%) | — | $2,100 – $3,316 | 79 |
| 1BR | $3,200 | +$1,213 (+61.0%) | — | $2,600 – $3,250 | 3 |
| 2BR | $2,497 | $0 (0.0%) | — | $2,494 – $2,500 | 4 |
| 2BR | $2,800 | +$303 (+12.1%) | — | $2,477 – $3,645 | 66 |
| 3BR | $3,900 | +$900 (+30.0%) | — | $3,848 – $4,200 | 3 |
| 3BR | $3,298 | +$298 (+9.9%) | — | $2,999 – $3,999 | 38 |
| 4BR | $3,600 | −$800 (-18.2%) | — | $3,400 – $4,100 | 27 |
| 4BR | $4,500 | +$100 (+2.3%) | — | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — July 2021
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,690 | $1,785 | +$905 (+50.7%) |
| Studio | $1,500 | $1,785 | −$285 (-16.0%) |
| 1BR | $2,650 | $1,891 | +$759 (+40.1%) |
| 1BR | $3,200 | $1,891 | +$1,309 (+69.2%) |
| 2BR | $2,497 | $2,250 | +$248 (+11.0%) |
| 2BR | $2,800 | $2,250 | +$550 (+24.4%) |
| 3BR | $3,900 | $2,600 | +$1,300 (+50.0%) |
| 3BR | $3,298 | $2,600 | +$698 (+26.8%) |
| 4BR | $3,600 | $3,350 | +$250 (+7.5%) |
| 4BR | $4,500 | $3,350 | +$1,150 (+34.3%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2021.