Monthly Rent Report
Prospect Heights Rent Report — October 2022
Asking rents in ZIP 11238, New York City, from 76 listings.
Median 1BR rent in Prospect Heights was $4,500 in October 2022, up 91.5% (+$2,150) from September 2022 and up 55.2% year-over-year. The middle half of 1BR listings asked between $4,150 and $4,500. That puts Prospect Heights $2,245 above the New York City citywide 1BR median of $2,255. The month's figures are based on 76 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,394 | −$8,106 (-70.5%) | +$794 (+30.5%) | $3,372 – $3,480 | 6 |
| Studio | $3,258 | −$8,242 (-71.7%) | +$658 (+25.3%) | $2,995 – $3,392 | 22 |
| 1BR | $4,500 | +$2,150 (+91.5%) | +$1,600 (+55.2%) | $4,150 – $4,500 | 3 |
| 1BR | $2,100 | −$250 (-10.6%) | −$800 (-27.6%) | $2,100 – $2,100 | 1 |
| 2BR | $6,369 | +$2,874 (+82.2%) | +$3,606 (+130.5%) | $5,879 – $6,580 | 4 |
| 2BR | $4,600 | +$1,105 (+31.6%) | +$1,838 (+66.5%) | $4,600 – $4,600 | 1 |
| 3BR | $3,995 | −$3,000 (-42.9%) | +$996 (+33.2%) | $3,995 – $3,995 | 1 |
| 3BR | $4,700 | −$2,295 (-32.8%) | +$1,701 (+56.7%) | $4,000 – $5,425 | 4 |
| 4BR | $4,800 | −$2,700 (-36.0%) | +$300 (+6.7%) | $4,500 – $6,500 | 5 |
| 4BR | $4,900 | −$2,600 (-34.7%) | +$400 (+8.9%) | $4,600 – $8,713 | 22 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — October 2022
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,394 | $2,283 | +$1,111 (+48.7%) |
| Studio | $3,258 | $2,283 | +$975 (+42.7%) |
| 1BR | $4,500 | $2,255 | +$2,245 (+99.6%) |
| 1BR | $2,100 | $2,255 | −$155 (-6.9%) |
| 2BR | $6,369 | $2,700 | +$3,669 (+135.9%) |
| 2BR | $4,600 | $2,700 | +$1,900 (+70.4%) |
| 3BR | $3,995 | $3,200 | +$795 (+24.8%) |
| 3BR | $4,700 | $3,200 | +$1,500 (+46.9%) |
| 4BR | $4,800 | $3,999 | +$801 (+20.0%) |
| 4BR | $4,900 | $3,999 | +$901 (+22.5%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.