Monthly Rent Report

Sheepshead Bay Rent Report — September 2020

Asking rents in ZIP 11229, New York City, from 102 listings.

Median 1BR rent in Sheepshead Bay was $1,650 in September 2020, down 5.7% (−$100) from August 2020. The middle half of 1BR listings asked between $1,575 and $1,763. That puts Sheepshead Bay $175 below the New York City citywide 1BR median of $1,825. The month's figures are based on 102 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2020Vs. Year AgoP25–P75 RangeListings
Studio$13,500+$11,864 (+724.9%)$13,500 – $13,5001
Studio$13,500+$11,864 (+724.9%)$13,500 – $13,5003
1BR$1,650−$100 (-5.7%)$1,575 – $1,76331
1BR$1,650−$100 (-5.7%)$1,575 – $1,76331
2BR$1,675−$450 (-21.2%)$1,663 – $1,6882
2BR$1,900−$225 (-10.6%)$1,750 – $2,10025
3BR$2,000−$575 (-22.3%)$2,000 – $2,0001
3BR$2,250−$325 (-12.6%)$2,213 – $2,4756
4BR$2,350−$600 (-20.3%)$2,350 – $2,3501
4BR$2,350−$600 (-20.3%)$2,350 – $2,3501

Median, P25, and P75 are asking rents from listings posted in September 2020. Changes compare against the nearest prior month with data.

Sheepshead Bay vs. New York CitySeptember 2020

BedroomsSheepshead Bay MedianNYC Citywide MedianDifference
Studio$13,500$1,727+$11,774 (+681.9%)
Studio$13,500$1,727+$11,774 (+681.9%)
1BR$1,650$1,825−$175 (-9.6%)
1BR$1,650$1,825−$175 (-9.6%)
2BR$1,675$2,200−$525 (-23.9%)
2BR$1,900$2,200−$300 (-13.6%)
3BR$2,000$2,600−$600 (-23.1%)
3BR$2,250$2,600−$350 (-13.5%)
4BR$2,350$3,200−$850 (-26.6%)
4BR$2,350$3,200−$850 (-26.6%)

Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in September 2020.

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