Monthly Rent Report
Prospect Heights Rent Report — June 2022
Asking rents in ZIP 11238, New York City, from 17 listings.
Median 1BR rent in Prospect Heights was $3,499 in June 2022, down 12.6% (−$506) from May 2022 and up 76.1% year-over-year. The middle half of 1BR listings asked between $3,100 and $3,500. That puts Prospect Heights $1,259 above the New York City citywide 1BR median of $2,240. The month's figures are based on 17 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | −$275 (-12.6%) | −$865 (-31.3%) | $1,900 – $1,900 | 1 |
| Studio | $3,000 | +$825 (+37.9%) | +$235 (+8.5%) | $3,000 – $3,000 | 1 |
| 1BR | $3,499 | −$506 (-12.6%) | +$1,512 (+76.1%) | $3,100 – $3,500 | 3 |
| 1BR | $3,100 | −$905 (-22.6%) | +$1,113 (+56.0%) | $3,100 – $3,100 | 1 |
| 2BR | $5,995 | +$2,595 (+76.3%) | +$3,145 (+110.4%) | $5,995 – $5,995 | 1 |
| 2BR | $3,400 | $0 (0.0%) | +$550 (+19.3%) | $3,400 – $3,400 | 1 |
| 3BR | $5,500 | +$1,550 (+39.2%) | +$2,500 (+83.3%) | $5,500 – $5,500 | 1 |
| 3BR | $7,750 | +$3,800 (+96.2%) | +$4,750 (+158.3%) | $6,325 – $8,275 | 3 |
| 4BR | $3,850 | −$650 (-14.4%) | −$550 (-12.5%) | $3,850 – $3,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — June 2022
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $2,078 | −$178 (-8.6%) |
| Studio | $3,000 | $2,078 | +$922 (+44.4%) |
| 1BR | $3,499 | $2,240 | +$1,259 (+56.2%) |
| 1BR | $3,100 | $2,240 | +$860 (+38.4%) |
| 2BR | $5,995 | $2,600 | +$3,395 (+130.6%) |
| 2BR | $3,400 | $2,600 | +$800 (+30.8%) |
| 3BR | $5,500 | $3,200 | +$2,300 (+71.9%) |
| 3BR | $7,750 | $3,200 | +$4,550 (+142.2%) |
| 4BR | $3,850 | $4,400 | −$550 (-12.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2022.