Monthly Rent Report
Sheepshead Bay Rent Report — October 2022
Asking rents in ZIP 11229, New York City, from 61 listings.
Median 1BR rent in Sheepshead Bay was $1,860 in October 2022, down 3.4% (−$64) from September 2022 and up 5.5% year-over-year. The middle half of 1BR listings asked between $1,860 and $1,860. That puts Sheepshead Bay $395 below the New York City citywide 1BR median of $2,255. The month's figures are based on 61 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,570 | −$5 (-0.3%) | +$220 (+16.3%) | $1,500 – $1,599 | 13 |
| Studio | $1,550 | −$25 (-1.6%) | +$200 (+14.8%) | $1,520 – $1,599 | 5 |
| 1BR | $1,860 | −$64 (-3.4%) | +$98 (+5.5%) | $1,860 – $1,860 | 1 |
| 1BR | $2,050 | +$126 (+6.5%) | +$288 (+16.3%) | $1,990 – $2,498 | 7 |
| 2BR | $2,508 | −$392 (-13.5%) | +$448 (+21.7%) | $2,425 – $2,850 | 7 |
| 2BR | $2,100 | −$800 (-27.6%) | +$40 (+1.9%) | $2,100 – $2,100 | 1 |
| 3BR | $3,300 | +$310 (+10.4%) | +$450 (+15.8%) | $2,700 – $4,300 | 13 |
| 3BR | $3,300 | +$310 (+10.4%) | +$450 (+15.8%) | $2,688 – $3,925 | 12 |
| 4BR | $3,000 | −$900 (-23.1%) | — | $3,000 – $3,000 | 1 |
| 4BR | $3,000 | −$900 (-23.1%) | — | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — October 2022
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,570 | $2,283 | −$712 (-31.2%) |
| Studio | $1,550 | $2,283 | −$732 (-32.1%) |
| 1BR | $1,860 | $2,255 | −$395 (-17.5%) |
| 1BR | $2,050 | $2,255 | −$205 (-9.1%) |
| 2BR | $2,508 | $2,700 | −$192 (-7.1%) |
| 2BR | $2,100 | $2,700 | −$600 (-22.2%) |
| 3BR | $3,300 | $3,200 | +$100 (+3.1%) |
| 3BR | $3,300 | $3,200 | +$100 (+3.1%) |
| 4BR | $3,000 | $3,999 | −$999 (-25.0%) |
| 4BR | $3,000 | $3,999 | −$999 (-25.0%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.