Monthly Rent Report
Sheepshead Bay Rent Report — January 2022
Asking rents in ZIP 11229, New York City, from 37 listings.
Median 1BR rent in Sheepshead Bay was $1,700 in January 2022, up 0.9% (+$15) from December 2021 and up 6.3% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,850. That puts Sheepshead Bay $250 below the New York City citywide 1BR median of $1,950. The month's figures are based on 37 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2021 | Vs. January 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | +$25 (+1.8%) | — | $1,425 – $1,768 | 10 |
| 1BR | $1,700 | +$15 (+0.9%) | +$101 (+6.3%) | $1,600 – $1,850 | 17 |
| 2BR | $2,800 | +$73 (+2.7%) | +$1,000 (+55.6%) | $2,800 – $2,800 | 1 |
| 3BR | $3,198 | +$398 (+14.2%) | +$498 (+18.4%) | $2,756 – $4,274 | 8 |
| 4BR | $3,500 | — | +$1,200 (+52.2%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2022. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — January 2022
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,753 | −$303 (-17.3%) |
| 1BR | $1,700 | $1,950 | −$250 (-12.8%) |
| 2BR | $2,800 | $2,327 | +$473 (+20.3%) |
| 3BR | $3,198 | $2,700 | +$498 (+18.4%) |
| 4BR | $3,500 | $3,500 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in January 2022.