Monthly Rent Report
Sunset Park Rent Report — April 2020
Asking rents in ZIP 11220, New York City, from 22 listings.
Median 1BR rent in Sunset Park was $1,630 in April 2020, down 6.9% (−$120) from March 2020. The middle half of 1BR listings asked between $1,630 and $1,630. That puts Sunset Park $269 below the New York City citywide 1BR median of $1,899. The month's figures are based on 22 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$71 (-4.7%) | — | $1,450 – $1,750 | 5 |
| Studio | $1,450 | −$71 (-4.7%) | — | $1,375 – $1,600 | 3 |
| 1BR | $1,630 | −$120 (-6.9%) | — | $1,630 – $1,630 | 1 |
| 1BR | $1,630 | −$120 (-6.9%) | — | $1,630 – $1,630 | 1 |
| 2BR | $2,000 | −$100 (-4.8%) | — | $1,850 – $2,125 | 3 |
| 2BR | $2,000 | −$100 (-4.8%) | — | $1,850 – $2,125 | 3 |
| 3BR | $2,700 | +$200 (+8.0%) | — | $2,625 – $3,300 | 3 |
| 3BR | $2,700 | +$200 (+8.0%) | — | $2,625 – $3,300 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2020. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — April 2020
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,905 | −$455 (-23.9%) |
| Studio | $1,450 | $1,905 | −$455 (-23.9%) |
| 1BR | $1,630 | $1,899 | −$269 (-14.2%) |
| 1BR | $1,630 | $1,899 | −$269 (-14.2%) |
| 2BR | $2,000 | $2,300 | −$300 (-13.0%) |
| 2BR | $2,000 | $2,300 | −$300 (-13.0%) |
| 3BR | $2,700 | $2,600 | +$100 (+3.8%) |
| 3BR | $2,700 | $2,600 | +$100 (+3.8%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in April 2020.