Monthly Rent Report
Prospect Heights Rent Report — June 2024
Asking rents in ZIP 11238, New York City, from 765 listings.
Median 1BR rent in Prospect Heights was $3,699 in June 2024, up 12.9% (+$424) from May 2024 and up 15.6% year-over-year. The middle half of 1BR listings asked between $3,250 and $4,288. That puts Prospect Heights $1,249 above the New York City citywide 1BR median of $2,450. The month's figures are based on 765 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,950 | +$275 (+10.3%) | −$660 (-18.3%) | $2,500 – $3,350 | 83 |
| Studio | $2,946 | +$271 (+10.1%) | −$664 (-18.4%) | $2,475 – $3,325 | 75 |
| 1BR | $3,699 | +$424 (+12.9%) | +$499 (+15.6%) | $3,250 – $4,288 | 209 |
| 1BR | $4,883 | +$1,608 (+49.1%) | +$1,683 (+52.6%) | $4,883 – $4,883 | 1 |
| 2BR | $4,600 | +$425 (+10.2%) | +$2,005 (+77.3%) | $3,650 – $5,675 | 255 |
| 2BR | $3,650 | −$525 (-12.6%) | +$1,055 (+40.7%) | $3,650 – $3,650 | 1 |
| 3BR | $5,250 | −$241 (-4.4%) | −$1,166 (-18.2%) | $5,250 – $5,250 | 1 |
| 3BR | $5,100 | −$391 (-7.1%) | −$1,316 (-20.5%) | $4,200 – $5,875 | 111 |
| 4BR | $4,550 | −$2,450 (-35.0%) | −$7,450 (-62.1%) | $4,350 – $7,996 | 12 |
| 4BR | $4,700 | −$2,300 (-32.9%) | −$7,300 (-60.8%) | $4,400 – $10,999 | 13 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — June 2024
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,950 | $2,440 | +$510 (+20.9%) |
| Studio | $2,946 | $2,440 | +$506 (+20.7%) |
| 1BR | $3,699 | $2,450 | +$1,249 (+51.0%) |
| 1BR | $4,883 | $2,450 | +$2,433 (+99.3%) |
| 2BR | $4,600 | $2,900 | +$1,700 (+58.6%) |
| 2BR | $3,650 | $2,900 | +$750 (+25.9%) |
| 3BR | $5,250 | $3,600 | +$1,650 (+45.8%) |
| 3BR | $5,100 | $3,600 | +$1,500 (+41.7%) |
| 4BR | $4,550 | $4,256 | +$294 (+6.9%) |
| 4BR | $4,700 | $4,256 | +$444 (+10.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.