Monthly Rent Report
Prospect Heights Rent Report — January 2023
Asking rents in ZIP 11238, New York City, from 492 listings.
Median 1BR rent in Prospect Heights was $2,400 in January 2023, up 33.3% (+$600) from December 2022 and down 1.2% year-over-year. The middle half of 1BR listings asked between $2,400 and $2,400. That puts Prospect Heights $111 above the New York City citywide 1BR median of $2,289. The month's figures are based on 492 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,956 | +$267 (+9.9%) | −$9,044 (-75.4%) | $2,500 – $3,187 | 38 |
| Studio | $2,140 | −$549 (-20.4%) | −$9,860 (-82.2%) | $2,140 – $2,140 | 1 |
| 1BR | $2,400 | +$600 (+33.3%) | −$28 (-1.2%) | $2,400 – $2,400 | 1 |
| 1BR | $3,306 | +$1,506 (+83.7%) | +$878 (+36.1%) | $2,974 – $3,800 | 164 |
| 2BR | $4,244 | +$2,269 (+114.9%) | +$1,344 (+46.3%) | $3,499 – $5,254 | 176 |
| 2BR | $5,500 | +$3,525 (+178.5%) | +$2,600 (+89.7%) | $5,500 – $5,500 | 1 |
| 3BR | $3,995 | −$655 (-14.1%) | −$504 (-11.2%) | $3,995 – $3,995 | 1 |
| 3BR | $4,800 | +$150 (+3.2%) | +$301 (+6.7%) | $3,900 – $6,050 | 93 |
| 4BR | $4,499 | −$6,501 (-59.1%) | +$549 (+13.9%) | $4,399 – $4,837 | 4 |
| 4BR | $4,766 | −$6,234 (-56.7%) | +$816 (+20.7%) | $4,499 – $5,850 | 11 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — January 2023
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,956 | $2,197 | +$759 (+34.5%) |
| Studio | $2,140 | $2,197 | −$57 (-2.6%) |
| 1BR | $2,400 | $2,289 | +$111 (+4.8%) |
| 1BR | $3,306 | $2,289 | +$1,017 (+44.4%) |
| 2BR | $4,244 | $2,700 | +$1,544 (+57.2%) |
| 2BR | $5,500 | $2,700 | +$2,800 (+103.7%) |
| 3BR | $3,995 | $3,200 | +$795 (+24.8%) |
| 3BR | $4,800 | $3,200 | +$1,600 (+50.0%) |
| 4BR | $4,499 | $3,861 | +$638 (+16.5%) |
| 4BR | $4,766 | $3,861 | +$905 (+23.4%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.