Monthly Rent Report
Prospect Heights Rent Report — December 2022
Asking rents in ZIP 11238, New York City, from 195 listings.
Median 1BR rent in Prospect Heights was $3,700 in December 2022, up 48.0% (+$1,200) from November 2022 and up 12.1% year-over-year. The middle half of 1BR listings asked between $2,875 and $3,974. That puts Prospect Heights $1,479 above the New York City citywide 1BR median of $2,222. The month's figures are based on 195 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | −$946 (-30.1%) | −$400 (-15.4%) | $2,050 – $2,200 | 3 |
| Studio | $2,690 | −$457 (-14.5%) | +$90 (+3.4%) | $2,599 – $2,993 | 30 |
| 1BR | $3,700 | +$1,200 (+48.0%) | +$400 (+12.1%) | $2,875 – $3,974 | 51 |
| 1BR | $1,800 | −$700 (-28.0%) | −$1,500 (-45.5%) | $1,800 – $1,800 | 1 |
| 2BR | $3,967 | +$767 (+24.0%) | +$1,067 (+36.8%) | $3,500 – $4,713 | 56 |
| 2BR | $1,975 | −$1,225 (-38.3%) | −$925 (-31.9%) | $1,975 – $1,975 | 1 |
| 3BR | $2,475 | −$2,325 (-48.4%) | −$125 (-4.8%) | $2,475 – $2,475 | 1 |
| 3BR | $4,650 | −$150 (-3.1%) | +$2,050 (+78.8%) | $3,895 – $6,813 | 36 |
| 4BR | $11,000 | +$6,500 (+144.4%) | +$7,200 (+189.5%) | $11,000 – $11,000 | 1 |
| 4BR | $11,000 | +$6,500 (+144.4%) | +$7,200 (+189.5%) | $11,000 – $11,000 | 9 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — December 2022
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $2,098 | +$103 (+4.9%) |
| Studio | $2,690 | $2,098 | +$592 (+28.2%) |
| 1BR | $3,700 | $2,222 | +$1,479 (+66.6%) |
| 1BR | $1,800 | $2,222 | −$421 (-19.0%) |
| 2BR | $3,967 | $2,700 | +$1,267 (+46.9%) |
| 2BR | $1,975 | $2,700 | −$725 (-26.9%) |
| 3BR | $2,475 | $3,200 | −$725 (-22.7%) |
| 3BR | $4,650 | $3,200 | +$1,450 (+45.3%) |
| 4BR | $11,000 | $3,750 | +$7,250 (+193.3%) |
| 4BR | $11,000 | $3,750 | +$7,250 (+193.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.