Monthly Rent Report
Sheepshead Bay Rent Report — September 2021
Asking rents in ZIP 11229, New York City, from 61 listings.
Median 1BR rent in Sheepshead Bay was $1,825 in September 2021, up 4.3% (+$75) from August 2021 and up 10.6% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,825. That puts Sheepshead Bay $125 below the New York City citywide 1BR median of $1,950. The month's figures are based on 61 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. September 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$450 (+33.3%) | −$11,700 (-86.7%) | $1,800 – $1,825 | 3 |
| Studio | $1,499 | +$149 (+11.0%) | −$12,001 (-88.9%) | $1,499 – $1,708 | 9 |
| 1BR | $1,825 | +$75 (+4.3%) | +$175 (+10.6%) | $1,825 – $1,825 | 1 |
| 1BR | $1,763 | +$13 (+0.7%) | +$113 (+6.8%) | $1,658 – $1,875 | 14 |
| 2BR | $1,998 | −$202 (-9.2%) | +$98 (+5.1%) | $1,761 – $2,234 | 18 |
| 2BR | $2,000 | −$200 (-9.1%) | +$100 (+5.3%) | $2,000 – $2,000 | 1 |
| 3BR | $1,900 | −$400 (-17.4%) | −$350 (-15.6%) | $1,900 – $1,900 | 1 |
| 3BR | $3,198 | +$898 (+39.0%) | +$948 (+42.1%) | $2,425 – $3,375 | 10 |
| 4BR | $3,000 | +$500 (+20.0%) | +$650 (+27.7%) | $3,000 – $3,000 | 2 |
| 4BR | $3,000 | +$500 (+20.0%) | +$650 (+27.7%) | $3,000 – $3,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2021. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — September 2021
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,799 | +$1 (+0.1%) |
| Studio | $1,499 | $1,799 | −$300 (-16.7%) |
| 1BR | $1,825 | $1,950 | −$125 (-6.4%) |
| 1BR | $1,763 | $1,950 | −$187 (-9.6%) |
| 2BR | $1,998 | $2,300 | −$302 (-13.2%) |
| 2BR | $2,000 | $2,300 | −$300 (-13.0%) |
| 3BR | $1,900 | $2,700 | −$800 (-29.6%) |
| 3BR | $3,198 | $2,700 | +$498 (+18.4%) |
| 4BR | $3,000 | $3,319 | −$318 (-9.6%) |
| 4BR | $3,000 | $3,319 | −$318 (-9.6%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in September 2021.