Monthly Rent Report
Sheepshead Bay Rent Report — August 2021
Asking rents in ZIP 11229, New York City, from 107 listings.
Median 1BR rent in Sheepshead Bay was $1,695 in August 2021, up 5.9% (+$95) from July 2021 and down 3.1% year-over-year. The middle half of 1BR listings asked between $1,529 and $1,750. That puts Sheepshead Bay $165 below the New York City citywide 1BR median of $1,860. The month's figures are based on 107 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | +$105 (+7.5%) | −$136 (-8.3%) | $1,499 – $1,800 | 9 |
| Studio | $1,350 | −$45 (-3.2%) | −$286 (-17.5%) | $1,350 – $1,350 | 1 |
| 1BR | $1,695 | +$95 (+5.9%) | −$55 (-3.1%) | $1,529 – $1,750 | 32 |
| 1BR | $1,750 | +$150 (+9.4%) | $0 (0.0%) | $1,749 – $1,750 | 4 |
| 2BR | $2,200 | −$400 (-15.4%) | +$75 (+3.5%) | $2,200 – $2,224 | 4 |
| 2BR | $2,150 | −$450 (-17.3%) | +$25 (+1.2%) | $2,000 – $2,463 | 36 |
| 3BR | $2,300 | −$2,895 (-55.7%) | −$275 (-10.7%) | $2,300 – $2,600 | 13 |
| 3BR | $2,000 | −$3,195 (-61.5%) | −$575 (-22.3%) | $1,950 – $2,050 | 2 |
| 4BR | $2,500 | −$400 (-13.8%) | −$450 (-15.3%) | $2,450 – $2,750 | 3 |
| 4BR | $2,500 | −$400 (-13.8%) | −$450 (-15.3%) | $2,450 – $2,750 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — August 2021
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,749 | −$249 (-14.2%) |
| Studio | $1,350 | $1,749 | −$399 (-22.8%) |
| 1BR | $1,695 | $1,860 | −$165 (-8.9%) |
| 1BR | $1,750 | $1,860 | −$110 (-5.9%) |
| 2BR | $2,200 | $2,275 | −$75 (-3.3%) |
| 2BR | $2,150 | $2,275 | −$125 (-5.5%) |
| 3BR | $2,300 | $2,648 | −$347 (-13.1%) |
| 3BR | $2,000 | $2,648 | −$647 (-24.5%) |
| 4BR | $2,500 | $3,350 | −$850 (-25.4%) |
| 4BR | $2,500 | $3,350 | −$850 (-25.4%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.