Monthly Rent Report
Sheepshead Bay Rent Report — July 2020
Asking rents in ZIP 11229, New York City, from 226 listings.
Median 1BR rent in Sheepshead Bay was $1,700 in July 2020, up 3.0% (+$50) from June 2020. The middle half of 1BR listings asked between $1,575 and $1,800. That puts Sheepshead Bay $125 below the New York City citywide 1BR median of $1,825. The month's figures are based on 226 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,522 | +$47 (+3.2%) | — | $1,340 – $1,595 | 9 |
| Studio | $1,522 | +$47 (+3.2%) | — | $1,340 – $1,595 | 9 |
| 1BR | $1,700 | +$50 (+3.0%) | — | $1,575 – $1,800 | 31 |
| 1BR | $1,700 | +$50 (+3.0%) | — | $1,575 – $1,800 | 31 |
| 2BR | $1,875 | −$320 (-14.6%) | — | $1,713 – $2,204 | 30 |
| 2BR | $1,875 | −$320 (-14.6%) | — | $1,713 – $2,204 | 30 |
| 3BR | $2,700 | +$100 (+3.8%) | — | $2,519 – $4,000 | 35 |
| 3BR | $2,700 | +$100 (+3.8%) | — | $2,519 – $4,000 | 35 |
| 4BR | $2,900 | −$350 (-10.8%) | — | $2,900 – $2,925 | 8 |
| 4BR | $2,900 | −$350 (-10.8%) | — | $2,900 – $2,925 | 8 |
Median, P25, and P75 are asking rents from listings posted in July 2020. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — July 2020
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,522 | $1,700 | −$177 (-10.4%) |
| Studio | $1,522 | $1,700 | −$177 (-10.4%) |
| 1BR | $1,700 | $1,825 | −$125 (-6.8%) |
| 1BR | $1,700 | $1,825 | −$125 (-6.8%) |
| 2BR | $1,875 | $2,290 | −$415 (-18.1%) |
| 2BR | $1,875 | $2,290 | −$415 (-18.1%) |
| 3BR | $2,700 | $2,600 | +$100 (+3.8%) |
| 3BR | $2,700 | $2,600 | +$100 (+3.8%) |
| 4BR | $2,900 | $3,285 | −$385 (-11.7%) |
| 4BR | $2,900 | $3,285 | −$385 (-11.7%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2020.