Monthly Rent Report
Prospect Heights Rent Report — November 2022
Asking rents in ZIP 11238, New York City, from 95 listings.
Median 1BR rent in Prospect Heights was $3,175 in November 2022, down 29.5% (−$1,325) from October 2022 and up 67.1% year-over-year. The middle half of 1BR listings asked between $3,100 and $3,412. That puts Prospect Heights $931 above the New York City citywide 1BR median of $2,244. The month's figures are based on 95 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$1,707 (-52.4%) | −$1,050 (-40.4%) | $1,550 – $1,550 | 1 |
| Studio | $3,147 | −$111 (-3.4%) | +$547 (+21.0%) | $2,592 – $3,552 | 48 |
| 1BR | $3,175 | −$1,325 (-29.5%) | +$1,275 (+67.1%) | $3,100 – $3,412 | 4 |
| 1BR | $2,500 | −$2,000 (-44.4%) | +$600 (+31.6%) | $2,500 – $2,500 | 1 |
| 2BR | $3,200 | −$1,400 (-30.4%) | +$600 (+23.1%) | $3,200 – $3,200 | 1 |
| 2BR | $3,995 | −$605 (-13.2%) | +$1,395 (+53.7%) | $3,995 – $3,995 | 1 |
| 3BR | $4,800 | +$805 (+20.2%) | +$400 (+9.1%) | $4,800 – $4,800 | 1 |
| 3BR | $5,400 | +$1,405 (+35.2%) | +$1,000 (+22.7%) | $4,700 – $6,800 | 21 |
| 4BR | $4,500 | −$300 (-6.3%) | +$500 (+12.5%) | $4,400 – $4,500 | 7 |
| 4BR | $4,500 | −$300 (-6.3%) | +$500 (+12.5%) | $4,500 – $4,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — November 2022
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $2,148 | −$598 (-27.8%) |
| Studio | $3,147 | $2,148 | +$999 (+46.5%) |
| 1BR | $3,175 | $2,244 | +$931 (+41.5%) |
| 1BR | $2,500 | $2,244 | +$256 (+11.4%) |
| 2BR | $3,200 | $2,700 | +$500 (+18.5%) |
| 2BR | $3,995 | $2,700 | +$1,295 (+48.0%) |
| 3BR | $4,800 | $3,200 | +$1,600 (+50.0%) |
| 3BR | $5,400 | $3,200 | +$2,200 (+68.8%) |
| 4BR | $4,500 | $3,900 | +$600 (+15.4%) |
| 4BR | $4,500 | $3,900 | +$600 (+15.4%) |
Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.