Monthly Rent Report
Sheepshead Bay Rent Report — February 2020
Asking rents in ZIP 11229, New York City, from 350 listings.
Median 1BR rent in Sheepshead Bay was $1,788 in February 2020. The middle half of 1BR listings asked between $1,596 and $1,979. That puts Sheepshead Bay $108 below the New York City citywide 1BR median of $1,896. The month's figures are based on 350 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. Prior Month | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | — | — | $1,475 – $1,887 | 9 |
| Studio | $1,500 | — | — | $1,475 – $1,887 | 9 |
| 1BR | $1,788 | — | — | $1,596 – $1,979 | 41 |
| 1BR | $1,788 | — | — | $1,596 – $1,979 | 41 |
| 2BR | $2,000 | — | — | $1,900 – $2,300 | 83 |
| 2BR | $2,000 | — | — | $1,900 – $2,300 | 83 |
| 3BR | $2,600 | — | — | $2,500 – $2,713 | 36 |
| 3BR | $2,600 | — | — | $2,500 – $2,713 | 36 |
| 4BR | $2,600 | — | — | $2,500 – $2,800 | 5 |
| 4BR | $2,600 | — | — | $2,500 – $2,800 | 5 |
Median, P25, and P75 are asking rents from listings posted in February 2020. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — February 2020
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,750 | −$250 (-14.3%) |
| Studio | $1,500 | $1,750 | −$250 (-14.3%) |
| 1BR | $1,788 | $1,896 | −$108 (-5.7%) |
| 1BR | $1,788 | $1,896 | −$108 (-5.7%) |
| 2BR | $2,000 | $2,250 | −$250 (-11.1%) |
| 2BR | $2,000 | $2,250 | −$250 (-11.1%) |
| 3BR | $2,600 | $2,588 | +$12 (+0.5%) |
| 3BR | $2,600 | $2,588 | +$12 (+0.5%) |
| 4BR | $2,600 | $3,200 | −$600 (-18.8%) |
| 4BR | $2,600 | $3,200 | −$600 (-18.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2020.