Monthly Rent Report
Sheepshead Bay Rent Report — February 2021
Asking rents in ZIP 11229, New York City, from 48 listings.
Median 1BR rent in Sheepshead Bay was $1,575 in February 2021, down 1.5% (−$24) from January 2021 and down 11.9% year-over-year. The middle half of 1BR listings asked between $1,575 and $1,575. That puts Sheepshead Bay $217 below the New York City citywide 1BR median of $1,792. The month's figures are based on 48 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2021 | Vs. February 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | — | −$150 (-10.0%) | $1,350 – $1,350 | 2 |
| Studio | $1,350 | — | −$150 (-10.0%) | $1,350 – $1,350 | 2 |
| 1BR | $1,575 | −$24 (-1.5%) | −$213 (-11.9%) | $1,575 – $1,575 | 1 |
| 1BR | $1,605 | +$6 (+0.4%) | −$183 (-10.2%) | $1,595 – $1,650 | 11 |
| 2BR | $1,600 | −$200 (-11.1%) | −$400 (-20.0%) | $1,575 – $1,675 | 3 |
| 2BR | $1,975 | +$175 (+9.7%) | −$25 (-1.3%) | $1,900 – $2,191 | 20 |
| 3BR | $2,498 | +$198 (+8.6%) | −$102 (-3.9%) | $2,325 – $2,599 | 6 |
| 3BR | $2,300 | $0 (0.0%) | −$300 (-11.5%) | $2,300 – $2,300 | 1 |
| 4BR | $2,875 | +$575 (+25.0%) | +$275 (+10.6%) | $2,875 – $2,875 | 1 |
| 4BR | $2,875 | +$575 (+25.0%) | +$275 (+10.6%) | $2,875 – $2,875 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2021. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — February 2021
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,650 | −$299 (-18.2%) |
| Studio | $1,350 | $1,650 | −$299 (-18.2%) |
| 1BR | $1,575 | $1,792 | −$217 (-12.1%) |
| 1BR | $1,605 | $1,792 | −$187 (-10.4%) |
| 2BR | $1,600 | $2,150 | −$550 (-25.6%) |
| 2BR | $1,975 | $2,150 | −$175 (-8.1%) |
| 3BR | $2,498 | $2,500 | −$2 (-0.1%) |
| 3BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 4BR | $2,875 | $3,000 | −$125 (-4.2%) |
| 4BR | $2,875 | $3,000 | −$125 (-4.2%) |
Citywide figure is the median of zip-level medians across 164 New York City zip codes with listings in February 2021.