Monthly Rent Report
Sheepshead Bay Rent Report — February 2025
Asking rents in ZIP 11229, New York City, from 99 listings.
Median 1BR rent in Sheepshead Bay was $2,050 in February 2025, up 2.5% (+$50) from January 2025 and up 3.5% year-over-year. The middle half of 1BR listings asked between $1,899 and $2,400. That puts Sheepshead Bay $428 below the New York City citywide 1BR median of $2,478. The month's figures are based on 99 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. February 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,300 | +$1,550 (+88.6%) | +$1,205 (+57.5%) | $1,975 – $3,825 | 11 |
| Studio | $3,300 | +$1,550 (+88.6%) | +$1,205 (+57.5%) | $3,300 – $3,300 | 2 |
| 1BR | $2,050 | +$50 (+2.5%) | +$70 (+3.5%) | $1,899 – $2,400 | 28 |
| 1BR | $2,650 | +$650 (+32.5%) | +$670 (+33.8%) | $2,650 – $2,650 | 1 |
| 2BR | $2,600 | −$277 (-9.6%) | −$200 (-7.1%) | $2,363 – $3,284 | 26 |
| 2BR | $2,425 | −$452 (-15.7%) | −$375 (-13.4%) | $2,350 – $2,450 | 8 |
| 3BR | $3,250 | −$250 (-7.1%) | −$350 (-9.7%) | $3,000 – $3,500 | 4 |
| 3BR | $3,100 | −$400 (-11.4%) | −$500 (-13.9%) | $3,000 – $3,500 | 14 |
| 4BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,500 | 2 |
| 4BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — February 2025
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,300 | $2,566 | +$735 (+28.6%) |
| Studio | $3,300 | $2,566 | +$735 (+28.6%) |
| 1BR | $2,050 | $2,478 | −$427 (-17.3%) |
| 1BR | $2,650 | $2,478 | +$173 (+7.0%) |
| 2BR | $2,600 | $3,000 | −$400 (-13.3%) |
| 2BR | $2,425 | $3,000 | −$575 (-19.2%) |
| 3BR | $3,250 | $3,600 | −$350 (-9.7%) |
| 3BR | $3,100 | $3,600 | −$500 (-13.9%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in February 2025.