Monthly Rent Report
Sheepshead Bay Rent Report — June 2021
Asking rents in ZIP 11229, New York City, from 87 listings.
Median 1BR rent in Sheepshead Bay was $1,700 in June 2021, down 2.9% (−$50) from May 2021 and up 1.5% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,750. That puts Sheepshead Bay $150 below the New York City citywide 1BR median of $1,850. The month's figures are based on 87 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2021 | Vs. June 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,525 | $0 (0.0%) | +$50 (+3.4%) | $1,525 – $1,525 | 2 |
| Studio | $1,573 | +$48 (+3.1%) | +$98 (+6.6%) | $1,365 – $1,788 | 6 |
| 1BR | $1,700 | −$50 (-2.9%) | +$25 (+1.5%) | $1,650 – $1,750 | 4 |
| 1BR | $1,575 | −$175 (-10.0%) | −$100 (-6.0%) | $1,500 – $1,650 | 30 |
| 2BR | $2,235 | +$1,235 (+123.5%) | +$40 (+1.8%) | $2,235 – $2,235 | 2 |
| 2BR | $2,100 | +$1,100 (+110.0%) | −$95 (-4.3%) | $1,900 – $2,263 | 28 |
| 3BR | $2,200 | −$174 (-7.3%) | −$800 (-26.7%) | $2,150 – $2,250 | 2 |
| 3BR | $2,700 | +$326 (+13.7%) | −$300 (-10.0%) | $2,600 – $3,513 | 6 |
| 4BR | $2,300 | −$100 (-4.2%) | −$950 (-29.2%) | $2,200 – $2,849 | 6 |
| 4BR | $2,200 | −$200 (-8.3%) | −$1,050 (-32.3%) | $2,200 – $2,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2021. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — June 2021
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,525 | $1,736 | −$211 (-12.2%) |
| Studio | $1,573 | $1,736 | −$164 (-9.4%) |
| 1BR | $1,700 | $1,850 | −$150 (-8.1%) |
| 1BR | $1,575 | $1,850 | −$275 (-14.9%) |
| 2BR | $2,235 | $2,200 | +$35 (+1.6%) |
| 2BR | $2,100 | $2,200 | −$100 (-4.5%) |
| 3BR | $2,200 | $2,655 | −$454 (-17.1%) |
| 3BR | $2,700 | $2,655 | +$46 (+1.7%) |
| 4BR | $2,300 | $3,373 | −$1,072 (-31.8%) |
| 4BR | $2,200 | $3,373 | −$1,172 (-34.8%) |
Citywide figure is the median of zip-level medians across 164 New York City zip codes with listings in June 2021.