Monthly Rent Report
Prospect Heights Rent Report — August 2021
Asking rents in ZIP 11238, New York City, from 275 listings.
Median 1BR rent in Prospect Heights was $2,700 in August 2021, down 15.6% (−$500) from July 2021. The middle half of 1BR listings asked between $2,150 and $3,625. That puts Prospect Heights $840 above the New York City citywide 1BR median of $1,860. The month's figures are based on 275 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | $0 (0.0%) | — | $1,500 – $1,500 | 3 |
| Studio | $2,530 | +$1,030 (+68.7%) | — | $1,846 – $3,070 | 50 |
| 1BR | $2,700 | −$500 (-15.6%) | — | $2,150 – $3,625 | 80 |
| 1BR | $2,399 | −$801 (-25.0%) | — | $2,249 – $2,399 | 10 |
| 2BR | $2,494 | −$3 (-0.1%) | — | $2,494 – $2,494 | 3 |
| 2BR | $3,500 | +$1,003 (+40.2%) | — | $2,675 – $4,010 | 59 |
| 3BR | $2,405 | −$1,495 (-38.3%) | — | $2,108 – $2,703 | 2 |
| 3BR | $3,250 | −$650 (-16.7%) | — | $2,795 – $4,050 | 32 |
| 4BR | $4,800 | +$1,200 (+33.3%) | — | $4,800 – $4,800 | 1 |
| 4BR | $3,670 | +$70 (+1.9%) | — | $3,468 – $4,264 | 31 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — August 2021
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,749 | −$249 (-14.2%) |
| Studio | $2,530 | $1,749 | +$781 (+44.7%) |
| 1BR | $2,700 | $1,860 | +$840 (+45.1%) |
| 1BR | $2,399 | $1,860 | +$539 (+29.0%) |
| 2BR | $2,494 | $2,275 | +$219 (+9.6%) |
| 2BR | $3,500 | $2,275 | +$1,225 (+53.8%) |
| 3BR | $2,405 | $2,648 | −$242 (-9.2%) |
| 3BR | $3,250 | $2,648 | +$603 (+22.8%) |
| 4BR | $4,800 | $3,350 | +$1,450 (+43.3%) |
| 4BR | $3,670 | $3,350 | +$320 (+9.6%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.