Monthly Rent Report
Prospect Heights Rent Report — November 2024
Asking rents in ZIP 11238, New York City, from 19 listings.
Median 1BR rent in Prospect Heights was $3,400 in November 2024, up 36.0% (+$900) from October 2024 and up 70.0% year-over-year. The middle half of 1BR listings asked between $3,400 and $3,400. That puts Prospect Heights $950 above the New York City citywide 1BR median of $2,450. The month's figures are based on 19 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$900 (-37.5%) | −$706 (-32.0%) | $1,500 – $1,500 | 2 |
| Studio | $1,500 | −$900 (-37.5%) | −$706 (-32.0%) | $1,500 – $1,500 | 1 |
| 1BR | $3,400 | +$900 (+36.0%) | +$1,400 (+70.0%) | $3,400 – $3,400 | 1 |
| 2BR | $5,950 | +$2,950 (+98.3%) | +$3,950 (+197.5%) | $4,400 – $5,950 | 5 |
| 2BR | $3,400 | +$400 (+13.3%) | +$1,400 (+70.0%) | $3,400 – $3,400 | 1 |
| 3BR | $6,800 | +$2,300 (+51.1%) | +$1,850 (+37.4%) | $6,800 – $6,800 | 3 |
| 3BR | $9,700 | +$5,200 (+115.6%) | +$4,750 (+96.0%) | $9,700 – $9,700 | 1 |
| 4BR | $16,000 | +$7,000 (+77.8%) | +$10,500 (+190.9%) | $16,000 – $16,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — November 2024
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $2,383 | −$883 (-37.1%) |
| Studio | $1,500 | $2,383 | −$883 (-37.1%) |
| 1BR | $3,400 | $2,450 | +$950 (+38.8%) |
| 2BR | $5,950 | $2,950 | +$3,000 (+101.7%) |
| 2BR | $3,400 | $2,950 | +$450 (+15.3%) |
| 3BR | $6,800 | $3,600 | +$3,200 (+88.9%) |
| 3BR | $9,700 | $3,600 | +$6,100 (+169.4%) |
| 4BR | $16,000 | $4,375 | +$11,625 (+265.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.