Monthly Rent Report
Sheepshead Bay Rent Report — June 2020
Asking rents in ZIP 11229, New York City, from 160 listings.
Median 1BR rent in Sheepshead Bay was $1,650 in June 2020, down 10.9% (−$201) from May 2020. The middle half of 1BR listings asked between $1,425 and $1,685. That puts Sheepshead Bay $201 below the New York City citywide 1BR median of $1,851. The month's figures are based on 160 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,475 | +$76 (+5.4%) | — | $1,460 – $1,522 | 17 |
| Studio | $1,475 | +$76 (+5.4%) | — | $1,475 – $1,522 | 21 |
| 1BR | $1,650 | −$201 (-10.9%) | — | $1,425 – $1,685 | 15 |
| 1BR | $1,675 | −$176 (-9.5%) | — | $1,638 – $1,756 | 24 |
| 2BR | $2,195 | +$270 (+14.0%) | — | $2,050 – $2,250 | 13 |
| 2BR | $2,195 | +$270 (+14.0%) | — | $1,900 – $2,250 | 25 |
| 3BR | $2,600 | +$450 (+20.9%) | — | $2,325 – $4,138 | 14 |
| 3BR | $3,000 | +$850 (+39.5%) | — | $2,400 – $4,250 | 27 |
| 4BR | $3,250 | — | — | $3,125 – $3,375 | 2 |
| 4BR | $3,250 | — | — | $3,125 – $3,375 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2020. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — June 2020
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,475 | $1,725 | −$250 (-14.5%) |
| Studio | $1,475 | $1,725 | −$250 (-14.5%) |
| 1BR | $1,650 | $1,851 | −$200 (-10.8%) |
| 1BR | $1,675 | $1,851 | −$175 (-9.5%) |
| 2BR | $2,195 | $2,300 | −$105 (-4.6%) |
| 2BR | $2,195 | $2,300 | −$105 (-4.6%) |
| 3BR | $2,600 | $2,658 | −$58 (-2.2%) |
| 3BR | $3,000 | $2,658 | +$342 (+12.9%) |
| 4BR | $3,250 | $3,250 | $0 (0.0%) |
| 4BR | $3,250 | $3,250 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in June 2020.