Monthly Rent Report
Sheepshead Bay Rent Report — December 2022
Asking rents in ZIP 11229, New York City, from 125 listings.
Median 1BR rent in Sheepshead Bay was $1,695 in December 2022, down 23.0% (−$505) from November 2022 and up 0.6% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Sheepshead Bay $527 below the New York City citywide 1BR median of $2,222. The month's figures are based on 125 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,095 | +$470 (+28.9%) | +$670 (+47.0%) | $1,925 – $2,095 | 5 |
| Studio | $2,095 | +$470 (+28.9%) | +$670 (+47.0%) | $2,095 – $2,095 | 2 |
| 1BR | $1,695 | −$505 (-23.0%) | +$10 (+0.6%) | $1,695 – $1,695 | 1 |
| 1BR | $1,695 | −$505 (-23.0%) | +$10 (+0.6%) | $1,695 – $1,900 | 9 |
| 2BR | $2,744 | +$144 (+5.5%) | +$16 (+0.6%) | $2,499 – $3,000 | 44 |
| 2BR | $2,689 | +$90 (+3.4%) | −$38 (-1.4%) | $2,295 – $3,000 | 28 |
| 3BR | $2,899 | $0 (0.0%) | +$99 (+3.5%) | $2,675 – $3,000 | 11 |
| 3BR | $2,800 | −$99 (-3.4%) | $0 (0.0%) | $2,750 – $3,000 | 25 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — December 2022
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,095 | $2,098 | −$2 (-0.1%) |
| Studio | $2,095 | $2,098 | −$2 (-0.1%) |
| 1BR | $1,695 | $2,222 | −$526 (-23.7%) |
| 1BR | $1,695 | $2,222 | −$526 (-23.7%) |
| 2BR | $2,744 | $2,700 | +$44 (+1.6%) |
| 2BR | $2,689 | $2,700 | −$11 (-0.4%) |
| 3BR | $2,899 | $3,200 | −$301 (-9.4%) |
| 3BR | $2,800 | $3,200 | −$400 (-12.5%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.