Monthly Rent Report
Sheepshead Bay Rent Report — September 2022
Asking rents in ZIP 11229, New York City, from 68 listings.
Median 1BR rent in Sheepshead Bay was $1,925 in September 2022, down 12.5% (−$275) from August 2022 and up 5.5% year-over-year. The middle half of 1BR listings asked between $1,813 and $2,138. That puts Sheepshead Bay $376 below the New York City citywide 1BR median of $2,300. The month's figures are based on 68 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,575 | −$700 (-30.8%) | +$76 (+5.1%) | $1,533 – $1,625 | 15 |
| Studio | $1,600 | −$675 (-29.7%) | +$101 (+6.7%) | $1,541 – $1,625 | 16 |
| 1BR | $1,925 | −$275 (-12.5%) | +$100 (+5.5%) | $1,813 – $2,138 | 18 |
| 1BR | $1,350 | −$850 (-38.6%) | −$475 (-26.0%) | $1,350 – $1,350 | 1 |
| 2BR | $2,600 | −$149 (-5.4%) | +$600 (+30.0%) | $2,600 – $2,600 | 1 |
| 2BR | $2,900 | +$151 (+5.5%) | +$900 (+45.0%) | $2,900 – $2,900 | 1 |
| 3BR | $2,990 | +$190 (+6.8%) | +$1,090 (+57.4%) | $2,990 – $2,990 | 1 |
| 3BR | $3,200 | +$400 (+14.3%) | +$1,300 (+68.4%) | $3,200 – $3,200 | 1 |
| 4BR | $3,900 | — | +$900 (+30.0%) | $3,900 – $4,100 | 8 |
| 4BR | $3,900 | — | +$900 (+30.0%) | $3,900 – $4,050 | 6 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — September 2022
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,575 | $2,200 | −$625 (-28.4%) |
| Studio | $1,600 | $2,200 | −$600 (-27.3%) |
| 1BR | $1,925 | $2,300 | −$375 (-16.3%) |
| 1BR | $1,350 | $2,300 | −$950 (-41.3%) |
| 2BR | $2,600 | $2,800 | −$200 (-7.1%) |
| 2BR | $2,900 | $2,800 | +$100 (+3.6%) |
| 3BR | $2,990 | $3,395 | −$405 (-11.9%) |
| 3BR | $3,200 | $3,395 | −$195 (-5.7%) |
| 4BR | $3,900 | $3,998 | −$98 (-2.5%) |
| 4BR | $3,900 | $3,998 | −$98 (-2.5%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.