Monthly Rent Report
Sheepshead Bay Rent Report — August 2020
Asking rents in ZIP 11229, New York City, from 187 listings.
Median 1BR rent in Sheepshead Bay was $1,750 in August 2020, up 2.9% (+$50) from July 2020. The middle half of 1BR listings asked between $1,699 and $1,848. That puts Sheepshead Bay $135 below the New York City citywide 1BR median of $1,885. The month's figures are based on 187 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,637 | +$115 (+7.5%) | — | $1,525 – $1,690 | 6 |
| Studio | $1,637 | +$115 (+7.5%) | — | $1,525 – $1,690 | 6 |
| 1BR | $1,750 | +$50 (+2.9%) | — | $1,699 – $1,848 | 38 |
| 1BR | $1,750 | +$50 (+2.9%) | — | $1,695 – $2,010 | 29 |
| 2BR | $2,150 | +$275 (+14.7%) | — | $1,800 – $2,369 | 34 |
| 2BR | $2,125 | +$250 (+13.3%) | — | $1,800 – $2,344 | 31 |
| 3BR | $2,575 | −$125 (-4.6%) | — | $2,356 – $2,862 | 20 |
| 3BR | $2,550 | −$150 (-5.6%) | — | $2,338 – $2,833 | 19 |
| 4BR | $2,950 | +$50 (+1.7%) | — | $2,925 – $2,975 | 2 |
| 4BR | $2,950 | +$50 (+1.7%) | — | $2,925 – $2,975 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — August 2020
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,637 | $1,750 | −$113 (-6.5%) |
| Studio | $1,637 | $1,750 | −$113 (-6.5%) |
| 1BR | $1,750 | $1,885 | −$134 (-7.1%) |
| 1BR | $1,750 | $1,885 | −$134 (-7.1%) |
| 2BR | $2,150 | $2,250 | −$100 (-4.4%) |
| 2BR | $2,125 | $2,250 | −$125 (-5.6%) |
| 3BR | $2,575 | $2,606 | −$31 (-1.2%) |
| 3BR | $2,550 | $2,606 | −$56 (-2.1%) |
| 4BR | $2,950 | $3,344 | −$393 (-11.8%) |
| 4BR | $2,950 | $3,344 | −$393 (-11.8%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in August 2020.