Monthly Rent Report
Prospect Heights Rent Report — September 2024
Asking rents in ZIP 11238, New York City, from 214 listings.
Median 1BR rent in Prospect Heights was $3,650 in September 2024, up 46.0% (+$1,150) from August 2024 and up 4.3% year-over-year. The middle half of 1BR listings asked between $3,000 and $4,262. That puts Prospect Heights $1,257 above the New York City citywide 1BR median of $2,393. The month's figures are based on 214 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,100 | +$276 (+9.8%) | +$350 (+12.7%) | $2,598 – $3,373 | 59 |
| 1BR | $3,650 | +$1,150 (+46.0%) | +$150 (+4.3%) | $3,000 – $4,262 | 93 |
| 2BR | $4,450 | −$1,250 (-21.9%) | −$574 (-11.4%) | $4,450 – $4,450 | 4 |
| 2BR | $3,000 | −$2,700 (-47.4%) | −$2,024 (-40.3%) | $3,000 – $3,000 | 1 |
| 3BR | $5,060 | +$161 (+3.3%) | −$2,265 (-30.9%) | $4,150 – $6,750 | 40 |
| 4BR | $6,125 | −$10,625 (-63.4%) | −$625 (-9.3%) | $4,638 – $9,000 | 16 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — September 2024
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,100 | $2,369 | +$731 (+30.9%) |
| 1BR | $3,650 | $2,393 | +$1,257 (+52.5%) |
| 2BR | $4,450 | $2,900 | +$1,550 (+53.4%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 3BR | $5,060 | $3,598 | +$1,463 (+40.7%) |
| 4BR | $6,125 | $4,295 | +$1,830 (+42.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.