Monthly Rent Report
Prospect Heights Rent Report — December 2024
Asking rents in ZIP 11238, New York City, from 60 listings.
Median 1BR rent in Prospect Heights was $2,000 in December 2024, down 41.2% (−$1,400) from November 2024 and down 45.9% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Prospect Heights $480 below the New York City citywide 1BR median of $2,480. The month's figures are based on 60 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | +$1,300 (+86.7%) | −$450 (-13.8%) | $2,800 – $2,800 | 1 |
| Studio | $2,700 | +$1,200 (+80.0%) | −$550 (-16.9%) | $2,500 – $3,050 | 7 |
| 1BR | $2,000 | −$1,400 (-41.2%) | −$1,699 (-45.9%) | $2,000 – $2,000 | 1 |
| 1BR | $3,400 | $0 (0.0%) | −$299 (-8.1%) | $2,750 – $3,775 | 13 |
| 2BR | $5,500 | −$450 (-7.6%) | −$2,667 (-32.7%) | $3,471 – $5,700 | 18 |
| 2BR | $5,700 | −$250 (-4.2%) | −$2,467 (-30.2%) | $5,700 – $5,700 | 2 |
| 3BR | $4,350 | −$5,350 (-55.2%) | +$1,350 (+45.0%) | $4,200 – $6,746 | 10 |
| 3BR | $4,200 | −$5,500 (-56.7%) | +$1,200 (+40.0%) | $4,200 – $4,200 | 1 |
| 4BR | $5,995 | −$10,005 (-62.5%) | +$870 (+17.0%) | $5,995 – $5,995 | 1 |
| 4BR | $5,995 | −$10,005 (-62.5%) | +$870 (+17.0%) | $5,995 – $5,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — December 2024
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $2,525 | +$275 (+10.9%) |
| Studio | $2,700 | $2,525 | +$175 (+6.9%) |
| 1BR | $2,000 | $2,480 | −$479 (-19.3%) |
| 1BR | $3,400 | $2,480 | +$921 (+37.1%) |
| 2BR | $5,500 | $2,975 | +$2,525 (+84.9%) |
| 2BR | $5,700 | $2,975 | +$2,725 (+91.6%) |
| 3BR | $4,350 | $3,546 | +$805 (+22.7%) |
| 3BR | $4,200 | $3,546 | +$655 (+18.5%) |
| 4BR | $5,995 | $4,150 | +$1,845 (+44.5%) |
| 4BR | $5,995 | $4,150 | +$1,845 (+44.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.