Monthly Rent Report
Sheepshead Bay Rent Report — January 2021
Asking rents in ZIP 11229, New York City, from 10 listings.
Median 1BR rent in Sheepshead Bay was $1,599 in January 2021, down 2.2% (−$36) from December 2020. The middle half of 1BR listings asked between $1,599 and $1,599. That puts Sheepshead Bay $124 below the New York City citywide 1BR median of $1,723. The month's figures are based on 10 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,599 | −$36 (-2.2%) | — | $1,599 – $1,599 | 1 |
| 1BR | $1,400 | −$235 (-14.4%) | — | $1,400 – $1,400 | 1 |
| 2BR | $1,800 | −$99 (-5.2%) | — | $1,750 – $1,850 | 5 |
| 3BR | $2,300 | — | — | $2,300 – $2,300 | 1 |
| 3BR | $2,700 | — | — | $2,700 – $2,700 | 1 |
| 4BR | $2,300 | — | — | $2,300 – $2,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2021. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — January 2021
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,599 | $1,723 | −$123 (-7.2%) |
| 1BR | $1,400 | $1,723 | −$322 (-18.7%) |
| 2BR | $1,800 | $2,200 | −$400 (-18.2%) |
| 3BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 3BR | $2,700 | $2,500 | +$200 (+8.0%) |
| 4BR | $2,300 | $3,038 | −$738 (-24.3%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in January 2021.