Monthly Rent Report
Sheepshead Bay Rent Report — October 2020
Asking rents in ZIP 11229, New York City, from 26 listings.
Median 1BR rent in Sheepshead Bay was $1,450 in October 2020, down 12.1% (−$200) from September 2020. The middle half of 1BR listings asked between $1,450 and $1,450. That puts Sheepshead Bay $450 below the New York City citywide 1BR median of $1,900. The month's figures are based on 26 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,775 | −$11,725 (-86.9%) | — | $1,590 – $1,995 | 5 |
| 1BR | $1,450 | −$200 (-12.1%) | — | $1,450 – $1,450 | 1 |
| 2BR | $2,625 | +$725 (+38.2%) | — | $2,095 – $3,550 | 13 |
| 2BR | $1,700 | −$200 (-10.5%) | — | $1,700 – $1,700 | 1 |
| 3BR | $3,700 | +$1,450 (+64.4%) | — | $2,550 – $4,000 | 5 |
| 4BR | $2,900 | +$550 (+23.4%) | — | $2,900 – $2,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2020. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — October 2020
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,775 | $1,795 | −$19 (-1.1%) |
| 1BR | $1,450 | $1,900 | −$450 (-23.7%) |
| 2BR | $2,625 | $2,250 | +$375 (+16.7%) |
| 2BR | $1,700 | $2,250 | −$550 (-24.4%) |
| 3BR | $3,700 | $2,650 | +$1,050 (+39.6%) |
| 4BR | $2,900 | $3,057 | −$157 (-5.1%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in October 2020.