Monthly Rent Report
Sheepshead Bay Rent Report — August 2025
Asking rents in ZIP 11229, New York City, from 116 listings.
Median 1BR rent in Sheepshead Bay was $2,597 in August 2025, up 23.7% (+$497) from July 2025 and up 9.3% year-over-year. The middle half of 1BR listings asked between $2,050 and $2,600. That puts Sheepshead Bay $103 below the New York City citywide 1BR median of $2,700. The month's figures are based on 116 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2025 | Vs. August 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | −$100 (-5.0%) | −$4,099 (-68.3%) | $1,800 – $5,250 | 15 |
| Studio | $1,800 | −$200 (-10.0%) | −$4,199 (-70.0%) | $1,800 – $1,800 | 2 |
| 1BR | $2,597 | +$497 (+23.7%) | +$222 (+9.3%) | $2,050 – $2,600 | 13 |
| 1BR | $2,597 | +$497 (+23.7%) | +$222 (+9.3%) | $2,050 – $2,600 | 13 |
| 2BR | $2,850 | −$50 (-1.7%) | −$150 (-5.0%) | $2,748 – $3,175 | 7 |
| 2BR | $2,925 | +$25 (+0.9%) | −$75 (-2.5%) | $2,613 – $3,450 | 42 |
| 3BR | $2,700 | −$700 (-20.6%) | −$100 (-3.6%) | $2,700 – $2,950 | 3 |
| 3BR | $3,300 | −$100 (-2.9%) | +$500 (+17.9%) | $2,950 – $3,850 | 17 |
Median, P25, and P75 are asking rents from listings posted in August 2025. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — August 2025
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $2,800 | −$900 (-32.1%) |
| Studio | $1,800 | $2,800 | −$1,000 (-35.7%) |
| 1BR | $2,597 | $2,700 | −$103 (-3.8%) |
| 1BR | $2,597 | $2,700 | −$103 (-3.8%) |
| 2BR | $2,850 | $3,200 | −$350 (-10.9%) |
| 2BR | $2,925 | $3,200 | −$275 (-8.6%) |
| 3BR | $2,700 | $3,763 | −$1,062 (-28.2%) |
| 3BR | $3,300 | $3,763 | −$462 (-12.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2025.