Monthly Rent Report
Sheepshead Bay Rent Report — April 2020
Asking rents in ZIP 11229, New York City, from 97 listings.
Median 1BR rent in Sheepshead Bay was $1,750 in April 2020, up 1.4% (+$25) from March 2020. The middle half of 1BR listings asked between $1,699 and $1,800. That puts Sheepshead Bay $149 below the New York City citywide 1BR median of $1,899. The month's figures are based on 97 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,460 | +$50 (+3.5%) | — | $1,410 – $1,517 | 22 |
| Studio | $1,410 | $0 (0.0%) | — | $1,400 – $1,410 | 9 |
| 1BR | $1,750 | +$25 (+1.4%) | — | $1,699 – $1,800 | 18 |
| 1BR | $1,700 | −$25 (-1.4%) | — | $1,675 – $1,825 | 15 |
| 2BR | $1,975 | −$1,025 (-34.2%) | — | $1,950 – $2,013 | 8 |
| 2BR | $2,000 | −$1,000 (-33.3%) | — | $1,950 – $2,075 | 15 |
| 3BR | $2,400 | $0 (0.0%) | — | $2,350 – $3,995 | 5 |
| 3BR | $2,400 | $0 (0.0%) | — | $2,350 – $3,995 | 5 |
Median, P25, and P75 are asking rents from listings posted in April 2020. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — April 2020
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,460 | $1,905 | −$445 (-23.4%) |
| Studio | $1,410 | $1,905 | −$495 (-26.0%) |
| 1BR | $1,750 | $1,899 | −$149 (-7.8%) |
| 1BR | $1,700 | $1,899 | −$199 (-10.5%) |
| 2BR | $1,975 | $2,300 | −$325 (-14.1%) |
| 2BR | $2,000 | $2,300 | −$300 (-13.0%) |
| 3BR | $2,400 | $2,600 | −$200 (-7.7%) |
| 3BR | $2,400 | $2,600 | −$200 (-7.7%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in April 2020.