Monthly Rent Report
Sheepshead Bay Rent Report — June 2022
Asking rents in ZIP 11229, New York City, from 25 listings.
Median 1BR rent in Sheepshead Bay was $1,695 in June 2022, down 24.7% (−$555) from May 2022 and up 7.6% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Sheepshead Bay $545 below the New York City citywide 1BR median of $2,240. The month's figures are based on 25 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,843 | +$193 (+11.7%) | +$318 (+20.8%) | $1,588 – $2,034 | 6 |
| Studio | $1,985 | +$335 (+20.3%) | +$460 (+30.2%) | $1,985 – $1,985 | 1 |
| 1BR | $1,695 | −$555 (-24.7%) | +$120 (+7.6%) | $1,695 – $1,695 | 1 |
| 1BR | $1,673 | −$577 (-25.7%) | +$98 (+6.2%) | $1,650 – $1,695 | 4 |
| 2BR | $2,500 | +$150 (+6.4%) | +$400 (+19.0%) | $2,350 – $3,350 | 3 |
| 2BR | $1,800 | −$550 (-23.4%) | −$300 (-14.3%) | $1,800 – $1,800 | 1 |
| 3BR | $3,200 | +$700 (+28.0%) | +$1,000 (+45.5%) | $3,200 – $3,200 | 6 |
| 3BR | $3,200 | +$700 (+28.0%) | +$1,000 (+45.5%) | $3,200 – $3,200 | 1 |
| 4BR | $3,275 | −$125 (-3.7%) | +$975 (+42.4%) | $3,275 – $3,275 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — June 2022
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,843 | $2,078 | −$235 (-11.3%) |
| Studio | $1,985 | $2,078 | −$93 (-4.5%) |
| 1BR | $1,695 | $2,240 | −$545 (-24.3%) |
| 1BR | $1,673 | $2,240 | −$567 (-25.3%) |
| 2BR | $2,500 | $2,600 | −$100 (-3.8%) |
| 2BR | $1,800 | $2,600 | −$800 (-30.8%) |
| 3BR | $3,200 | $3,200 | $0 (0.0%) |
| 3BR | $3,200 | $3,200 | $0 (0.0%) |
| 4BR | $3,275 | $4,400 | −$1,125 (-25.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2022.