Monthly Rent Report
Sheepshead Bay Rent Report — July 2021
Asking rents in ZIP 11229, New York City, from 107 listings.
Median 1BR rent in Sheepshead Bay was $1,600 in July 2021, down 5.9% (−$100) from June 2021 and down 5.9% year-over-year. The middle half of 1BR listings asked between $1,534 and $1,694. That puts Sheepshead Bay $291 below the New York City citywide 1BR median of $1,891. The month's figures are based on 107 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$130 (-8.5%) | −$127 (-8.3%) | $1,354 – $1,499 | 16 |
| Studio | $1,525 | $0 (0.0%) | +$3 (+0.2%) | $1,525 – $1,525 | 1 |
| 1BR | $1,600 | −$100 (-5.9%) | −$100 (-5.9%) | $1,534 – $1,694 | 38 |
| 1BR | $1,750 | +$50 (+2.9%) | +$50 (+2.9%) | $1,750 – $1,750 | 1 |
| 2BR | $2,600 | +$365 (+16.3%) | +$725 (+38.7%) | $2,600 – $2,600 | 1 |
| 2BR | $2,200 | −$35 (-1.6%) | +$325 (+17.3%) | $2,000 – $2,500 | 33 |
| 3BR | $2,400 | +$200 (+9.1%) | −$300 (-11.1%) | $2,294 – $2,538 | 12 |
| 3BR | $5,195 | +$2,995 (+136.1%) | +$2,495 (+92.4%) | $5,195 – $5,195 | 1 |
| 4BR | $2,900 | +$600 (+26.1%) | $0 (0.0%) | $2,900 – $2,900 | 2 |
| 4BR | $2,900 | +$600 (+26.1%) | $0 (0.0%) | $2,900 – $2,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — July 2021
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,785 | −$390 (-21.8%) |
| Studio | $1,525 | $1,785 | −$260 (-14.6%) |
| 1BR | $1,600 | $1,891 | −$291 (-15.4%) |
| 1BR | $1,750 | $1,891 | −$141 (-7.5%) |
| 2BR | $2,600 | $2,250 | +$351 (+15.6%) |
| 2BR | $2,200 | $2,250 | −$49 (-2.2%) |
| 3BR | $2,400 | $2,600 | −$200 (-7.7%) |
| 3BR | $5,195 | $2,600 | +$2,595 (+99.8%) |
| 4BR | $2,900 | $3,350 | −$450 (-13.4%) |
| 4BR | $2,900 | $3,350 | −$450 (-13.4%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2021.