Monthly Rent Report
Sheepshead Bay Rent Report — April 2021
Asking rents in ZIP 11229, New York City, from 158 listings.
Median 1BR rent in Sheepshead Bay was $1,550 in April 2021, down 6.1% (−$100) from March 2021 and down 8.8% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,550. That puts Sheepshead Bay $250 below the New York City citywide 1BR median of $1,800. The month's figures are based on 158 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2021 | Vs. April 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,470 | +$70 (+5.0%) | +$10 (+0.7%) | $1,356 – $1,615 | 18 |
| Studio | $1,350 | −$50 (-3.6%) | −$110 (-7.5%) | $1,350 – $1,350 | 1 |
| 1BR | $1,550 | −$100 (-6.1%) | −$150 (-8.8%) | $1,550 – $1,550 | 1 |
| 1BR | $1,649 | −$1 (-0.1%) | −$51 (-3.0%) | $1,500 – $1,775 | 41 |
| 2BR | $2,220 | +$75 (+3.5%) | +$245 (+12.4%) | $1,800 – $2,987 | 72 |
| 2BR | $1,575 | −$570 (-26.6%) | −$400 (-20.3%) | $1,563 – $1,588 | 2 |
| 3BR | $2,395 | −$105 (-4.2%) | −$5 (-0.2%) | $2,395 – $2,395 | 1 |
| 3BR | $2,298 | −$202 (-8.1%) | −$102 (-4.3%) | $2,200 – $2,399 | 10 |
| 4BR | $3,300 | +$903 (+37.6%) | — | $2,575 – $3,500 | 6 |
| 4BR | $3,300 | +$903 (+37.6%) | — | $2,575 – $3,500 | 6 |
Median, P25, and P75 are asking rents from listings posted in April 2021. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — April 2021
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,470 | $1,709 | −$239 (-14.0%) |
| Studio | $1,350 | $1,709 | −$359 (-21.0%) |
| 1BR | $1,550 | $1,800 | −$250 (-13.9%) |
| 1BR | $1,649 | $1,800 | −$151 (-8.4%) |
| 2BR | $2,220 | $2,200 | +$20 (+0.9%) |
| 2BR | $1,575 | $2,200 | −$625 (-28.4%) |
| 3BR | $2,395 | $2,573 | −$177 (-6.9%) |
| 3BR | $2,298 | $2,573 | −$275 (-10.7%) |
| 4BR | $3,300 | $3,000 | +$300 (+10.0%) |
| 4BR | $3,300 | $3,000 | +$300 (+10.0%) |
Citywide figure is the median of zip-level medians across 163 New York City zip codes with listings in April 2021.