Monthly Rent Report
Sheepshead Bay Rent Report — October 2021
Asking rents in ZIP 11229, New York City, from 7 listings.
Median 1BR rent in Sheepshead Bay was $1,763 in October 2021, flat versus September 2021 and up 21.6% year-over-year. The middle half of 1BR listings asked between $1,756 and $1,769. That puts Sheepshead Bay $113 below the New York City citywide 1BR median of $1,875. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. October 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | −$149 (-9.9%) | −$425 (-23.9%) | $1,350 – $1,350 | 1 |
| 1BR | $1,763 | $0 (0.0%) | +$313 (+21.6%) | $1,756 – $1,769 | 2 |
| 2BR | $2,060 | +$60 (+3.0%) | +$360 (+21.2%) | $2,060 – $2,060 | 1 |
| 3BR | $2,850 | +$950 (+50.0%) | −$850 (-23.0%) | $2,375 – $2,875 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — October 2021
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,800 | −$450 (-25.0%) |
| 1BR | $1,763 | $1,875 | −$112 (-6.0%) |
| 2BR | $2,060 | $2,295 | −$235 (-10.2%) |
| 3BR | $2,850 | $2,788 | +$63 (+2.2%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in October 2021.