Monthly Rent Report
Prospect Heights Rent Report — January 2025
Asking rents in ZIP 11238, New York City, from 350 listings.
Median 1BR rent in Prospect Heights was $4,460 in January 2025, up 31.2% (+$1,060) from December 2024 and up 45.0% year-over-year. The middle half of 1BR listings asked between $4,460 and $4,460. That puts Prospect Heights $1,960 above the New York City citywide 1BR median of $2,500. The month's figures are based on 350 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,041 | +$341 (+12.6%) | +$375 (+14.1%) | $2,500 – $3,495 | 49 |
| Studio | $3,041 | +$341 (+12.6%) | +$375 (+14.1%) | $2,500 – $3,495 | 49 |
| 1BR | $4,460 | +$1,060 (+31.2%) | +$1,385 (+45.0%) | $4,460 – $4,460 | 1 |
| 1BR | $5,980 | +$2,580 (+75.9%) | +$2,905 (+94.5%) | $5,980 – $5,980 | 1 |
| 1BR | $3,629 | +$229 (+6.7%) | +$554 (+18.0%) | $3,235 – $4,250 | 89 |
| 2BR | $5,480 | −$220 (-3.9%) | +$1,030 (+23.1%) | $5,480 – $5,480 | 1 |
| 2BR | $5,795 | +$95 (+1.7%) | +$1,345 (+30.2%) | $5,795 – $5,795 | 1 |
| 2BR | $4,400 | −$1,300 (-22.8%) | −$50 (-1.1%) | $3,995 – $5,811 | 77 |
| 3BR | $5,695 | +$1,495 (+35.6%) | −$205 (-3.5%) | $4,100 – $6,995 | 29 |
| 3BR | $8,450 | +$4,250 (+101.2%) | +$2,550 (+43.2%) | $8,450 – $8,450 | 1 |
| 3BR | $5,595 | +$1,395 (+33.2%) | −$305 (-5.2%) | $4,075 – $6,924 | 28 |
| 4BR | $5,995 | $0 (0.0%) | −$5 (-0.1%) | $5,300 – $6,998 | 11 |
| 4BR | $5,995 | $0 (0.0%) | −$5 (-0.1%) | $5,300 – $6,998 | 11 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — January 2025
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,041 | $2,525 | +$516 (+20.4%) |
| Studio | $3,041 | $2,525 | +$516 (+20.4%) |
| 1BR | $4,460 | $2,500 | +$1,960 (+78.4%) |
| 1BR | $5,980 | $2,500 | +$3,480 (+139.2%) |
| 1BR | $3,629 | $2,500 | +$1,129 (+45.2%) |
| 2BR | $5,480 | $2,900 | +$2,580 (+89.0%) |
| 2BR | $5,795 | $2,900 | +$2,895 (+99.8%) |
| 2BR | $4,400 | $2,900 | +$1,500 (+51.7%) |
| 3BR | $5,695 | $3,500 | +$2,195 (+62.7%) |
| 3BR | $8,450 | $3,500 | +$4,950 (+141.4%) |
| 3BR | $5,595 | $3,500 | +$2,095 (+59.9%) |
| 4BR | $5,995 | $4,100 | +$1,895 (+46.2%) |
| 4BR | $5,995 | $4,100 | +$1,895 (+46.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.