Monthly Rent Report
Sheepshead Bay Rent Report — December 2021
Asking rents in ZIP 11229, New York City, from 7 listings.
Median 1BR rent in Sheepshead Bay was $1,685 in December 2021, down 5.1% (−$90) from November 2021 and up 3.1% year-over-year. The middle half of 1BR listings asked between $1,640 and $1,730. That puts Sheepshead Bay $265 below the New York City citywide 1BR median of $1,950. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. December 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,425 | +$75 (+5.6%) | +$30 (+2.2%) | $1,425 – $1,425 | 1 |
| 1BR | $1,685 | −$90 (-5.1%) | +$50 (+3.1%) | $1,640 – $1,730 | 2 |
| 2BR | $2,728 | +$668 (+32.4%) | +$829 (+43.6%) | $2,394 – $3,061 | 2 |
| 3BR | $2,800 | +$150 (+5.7%) | — | $2,750 – $2,850 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — December 2021
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,425 | $1,776 | −$351 (-19.8%) |
| 1BR | $1,685 | $1,950 | −$264 (-13.6%) |
| 2BR | $2,728 | $2,300 | +$428 (+18.6%) |
| 3BR | $2,800 | $2,800 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in December 2021.