Monthly Rent Report
Sheepshead Bay Rent Report — November 2025
Asking rents in ZIP 11229, New York City, from 30 listings.
Median 1BR rent in Sheepshead Bay was $1,600 in November 2025, down 27.3% (−$600) from October 2025 and down 8.6% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Sheepshead Bay $1,000 below the New York City citywide 1BR median of $2,600. The month's figures are based on 30 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2025 | Vs. November 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,300 | +$1,450 (+78.4%) | +$1,550 (+88.6%) | $3,300 – $3,300 | 2 |
| 1BR | $1,600 | −$600 (-27.3%) | −$150 (-8.6%) | $1,600 – $1,600 | 1 |
| 2BR | $2,900 | −$153 (-5.0%) | +$186 (+6.9%) | $2,700 – $3,825 | 7 |
| 3BR | $3,400 | +$600 (+21.4%) | $0 (0.0%) | $3,000 – $3,495 | 15 |
| 4BR | $4,700 | −$300 (-6.0%) | — | $4,700 – $4,700 | 5 |
Median, P25, and P75 are asking rents from listings posted in November 2025. Changes compare against the nearest prior month with data.
Sheepshead Bay vs. New York City — November 2025
| Bedrooms | Sheepshead Bay Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,300 | $2,604 | +$696 (+26.7%) |
| 1BR | $1,600 | $2,600 | −$1,000 (-38.5%) |
| 2BR | $2,900 | $3,004 | −$103 (-3.4%) |
| 3BR | $3,400 | $3,648 | −$247 (-6.8%) |
| 4BR | $4,700 | $4,300 | +$400 (+9.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in November 2025.