Monthly Rent Report
Prospect Heights Rent Report — September 2022
Asking rents in ZIP 11238, New York City, from 120 listings.
Median 1BR rent in Prospect Heights was $4,000 in September 2022, up 5.3% (+$203) from August 2022 and up 66.7% year-over-year. The middle half of 1BR listings asked between $4,000 and $4,000. That puts Prospect Heights $1,700 above the New York City citywide 1BR median of $2,300. The month's figures are based on 120 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,213 | +$1,563 (+94.7%) | +$393 (+13.9%) | $2,905 – $3,570 | 58 |
| Studio | $11,500 | +$9,850 (+597.0%) | +$8,680 (+307.8%) | $11,500 – $11,500 | 1 |
| 1BR | $4,000 | +$203 (+5.3%) | +$1,601 (+66.7%) | $4,000 – $4,000 | 1 |
| 1BR | $2,350 | −$1,447 (-38.1%) | −$49 (-2.0%) | $2,350 – $2,350 | 1 |
| 2BR | $4,250 | −$50 (-1.2%) | +$250 (+6.3%) | $3,625 – $4,875 | 2 |
| 2BR | $3,495 | −$805 (-18.7%) | −$505 (-12.6%) | $3,495 – $3,495 | 1 |
| 3BR | $6,995 | +$1,995 (+39.9%) | +$4,395 (+169.0%) | $6,995 – $6,995 | 1 |
| 3BR | $7,500 | +$2,500 (+50.0%) | +$4,900 (+188.5%) | $7,500 – $7,500 | 1 |
| 4BR | $5,750 | +$1,250 (+27.8%) | +$2,250 (+64.3%) | $4,500 – $6,500 | 22 |
| 4BR | $7,500 | +$3,000 (+66.7%) | +$4,000 (+114.3%) | $7,500 – $7,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — September 2022
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,213 | $2,200 | +$1,013 (+46.0%) |
| Studio | $11,500 | $2,200 | +$9,300 (+422.7%) |
| 1BR | $4,000 | $2,300 | +$1,700 (+73.9%) |
| 1BR | $2,350 | $2,300 | +$50 (+2.2%) |
| 2BR | $4,250 | $2,800 | +$1,450 (+51.8%) |
| 2BR | $3,495 | $2,800 | +$695 (+24.8%) |
| 3BR | $6,995 | $3,395 | +$3,600 (+106.0%) |
| 3BR | $7,500 | $3,395 | +$4,105 (+120.9%) |
| 4BR | $5,750 | $3,998 | +$1,752 (+43.8%) |
| 4BR | $7,500 | $3,998 | +$3,502 (+87.6%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.