Monthly Rent Report
Prospect Heights Rent Report — November 2023
Asking rents in ZIP 11238, New York City, from 77 listings.
Median 1BR rent in Prospect Heights was $2,850 in November 2023, down 1.7% (−$50) from October 2023 and down 10.2% year-over-year. The middle half of 1BR listings asked between $2,850 and $2,850. That puts Prospect Heights $450 above the New York City citywide 1BR median of $2,400. The month's figures are based on 77 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,950 | −$225 (-7.1%) | +$1,400 (+90.3%) | $2,350 – $3,200 | 61 |
| Studio | $2,206 | −$969 (-30.5%) | +$656 (+42.3%) | $2,206 – $2,206 | 1 |
| 1BR | $2,850 | −$50 (-1.7%) | −$324 (-10.2%) | $2,850 – $2,850 | 1 |
| 1BR | $2,000 | −$900 (-31.0%) | −$1,174 (-37.0%) | $2,000 – $2,000 | 1 |
| 2BR | $3,032 | −$1,473 (-32.7%) | −$963 (-24.1%) | $2,884 – $3,179 | 2 |
| 2BR | $2,000 | −$2,505 (-55.6%) | −$1,995 (-49.9%) | $2,000 – $2,000 | 1 |
| 3BR | $4,950 | −$250 (-4.8%) | +$150 (+3.1%) | $4,950 – $4,950 | 1 |
| 3BR | $4,950 | −$250 (-4.8%) | +$150 (+3.1%) | $4,950 – $4,950 | 1 |
| 4BR | $5,500 | −$5,500 (-50.0%) | +$1,000 (+22.2%) | $5,500 – $5,500 | 1 |
| 4BR | $5,500 | −$5,500 (-50.0%) | +$1,000 (+22.2%) | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — November 2023
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,950 | $2,395 | +$555 (+23.2%) |
| Studio | $2,206 | $2,395 | −$189 (-7.9%) |
| 1BR | $2,850 | $2,400 | +$450 (+18.8%) |
| 1BR | $2,000 | $2,400 | −$400 (-16.7%) |
| 2BR | $3,032 | $2,798 | +$234 (+8.4%) |
| 2BR | $2,000 | $2,798 | −$797 (-28.5%) |
| 3BR | $4,950 | $3,300 | +$1,650 (+50.0%) |
| 3BR | $4,950 | $3,300 | +$1,650 (+50.0%) |
| 4BR | $5,500 | $4,199 | +$1,301 (+31.0%) |
| 4BR | $5,500 | $4,199 | +$1,301 (+31.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.