Monthly Rent Report
Prospect Heights Rent Report — January 2024
Asking rents in ZIP 11238, New York City, from 206 listings.
Median 1BR rent in Prospect Heights was $3,075 in January 2024, up 13.9% (+$375) from December 2023 and down 7.0% year-over-year. The middle half of 1BR listings asked between $2,799 and $3,809. That puts Prospect Heights $725 above the New York City citywide 1BR median of $2,350. The month's figures are based on 206 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,666 | −$584 (-18.0%) | +$526 (+24.6%) | $2,488 – $2,938 | 10 |
| Studio | $2,666 | −$584 (-18.0%) | +$526 (+24.6%) | $2,488 – $2,938 | 10 |
| 1BR | $3,075 | +$375 (+13.9%) | −$231 (-7.0%) | $2,799 – $3,809 | 56 |
| 1BR | $3,913 | +$1,213 (+44.9%) | +$607 (+18.4%) | $3,900 – $4,200 | 5 |
| 2BR | $5,880 | −$2,287 (-28.0%) | +$380 (+6.9%) | $5,808 – $6,192 | 4 |
| 2BR | $4,450 | −$3,717 (-45.5%) | −$1,050 (-19.1%) | $3,675 – $5,088 | 55 |
| 3BR | $5,900 | +$2,900 (+96.7%) | +$1,100 (+22.9%) | $4,050 – $6,267 | 19 |
| 3BR | $5,900 | +$2,900 (+96.7%) | +$1,100 (+22.9%) | $4,050 – $6,267 | 19 |
| 4BR | $6,000 | +$875 (+17.1%) | +$1,234 (+25.9%) | $5,995 – $6,950 | 11 |
| 4BR | $6,000 | +$875 (+17.1%) | +$1,234 (+25.9%) | $5,995 – $6,950 | 11 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — January 2024
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,666 | $2,338 | +$329 (+14.1%) |
| Studio | $2,666 | $2,338 | +$329 (+14.1%) |
| 1BR | $3,075 | $2,350 | +$725 (+30.9%) |
| 1BR | $3,913 | $2,350 | +$1,563 (+66.5%) |
| 2BR | $5,880 | $2,885 | +$2,995 (+103.8%) |
| 2BR | $4,450 | $2,885 | +$1,565 (+54.2%) |
| 3BR | $5,900 | $3,443 | +$2,457 (+71.3%) |
| 3BR | $5,900 | $3,443 | +$2,457 (+71.3%) |
| 4BR | $6,000 | $4,000 | +$2,000 (+50.0%) |
| 4BR | $6,000 | $4,000 | +$2,000 (+50.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.