Monthly Rent Report
Sheepshead Bay Rent Report — June 2025
Asking rents in ZIP 11229, New York City, from 25 listings.
Median 1BR rent in Sheepshead Bay was $2,200 in June 2025, down 4.3% (−$100) from May 2025 and up 10.3% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Sheepshead Bay $400 below the New York City citywide 1BR median of $2,600. The month's figures are based on 25 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2025 | Vs. June 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,000 | +$3,500 (+233.3%) | +$2,800 (+127.3%) | $1,941 – $5,999 | 5 |
| 1BR | $2,200 | −$100 (-4.3%) | +$205 (+10.3%) | $2,200 – $2,200 | 1 |
| 1BR | $2,200 | −$100 (-4.3%) | +$205 (+10.3%) | $2,200 – $2,200 | 1 |
| 2BR | $2,400 | −$600 (-20.0%) | −$400 (-14.3%) | $2,400 – $2,400 | 2 |
| 2BR | $2,400 | −$600 (-20.0%) | −$400 (-14.3%) | $2,400 – $2,400 | 1 |
| 3BR | $3,500 | +$350 (+11.1%) | −$300 (-7.9%) | $3,275 – $4,100 | 8 |
| 3BR | $3,450 | +$300 (+9.5%) | −$350 (-9.2%) | $3,025 – $3,500 | 6 |
| 4BR | $3,500 | −$1,000 (-22.2%) | −$500 (-12.5%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2025. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — June 2025
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,000 | $2,697 | +$2,303 (+85.4%) |
| 1BR | $2,200 | $2,600 | −$400 (-15.4%) |
| 1BR | $2,200 | $2,600 | −$400 (-15.4%) |
| 2BR | $2,400 | $3,225 | −$825 (-25.6%) |
| 2BR | $2,400 | $3,225 | −$825 (-25.6%) |
| 3BR | $3,500 | $3,760 | −$260 (-6.9%) |
| 3BR | $3,450 | $3,760 | −$310 (-8.2%) |
| 4BR | $3,500 | $4,600 | −$1,100 (-23.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2025.