Monthly Rent Report
Sunset Park Rent Report — March 2021
Asking rents in ZIP 11220, New York City, from 70 listings.
Median 1BR rent in Sunset Park was $1,650 in March 2021, up 3.0% (+$48) from February 2021 and down 5.7% year-over-year. The middle half of 1BR listings asked between $1,544 and $1,794. That puts Sunset Park $150 below the New York City citywide 1BR median of $1,800. The month's figures are based on 70 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. March 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,465 | +$165 (+12.7%) | −$56 (-3.7%) | $1,458 – $1,473 | 2 |
| Studio | $1,465 | +$165 (+12.7%) | −$56 (-3.7%) | $1,458 – $1,473 | 2 |
| 1BR | $1,650 | +$48 (+3.0%) | −$100 (-5.7%) | $1,544 – $1,794 | 16 |
| 1BR | $1,650 | +$48 (+3.0%) | −$100 (-5.7%) | $1,544 – $1,794 | 16 |
| 2BR | $1,899 | −$101 (-5.1%) | −$201 (-9.6%) | $1,787 – $2,000 | 23 |
| 2BR | $2,000 | $0 (0.0%) | −$100 (-4.8%) | $2,000 – $2,000 | 1 |
| 3BR | $2,200 | −$50 (-2.2%) | −$300 (-12.0%) | $2,200 – $2,200 | 1 |
| 3BR | $2,299 | +$49 (+2.2%) | −$201 (-8.0%) | $2,100 – $2,400 | 9 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — March 2021
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,465 | $1,663 | −$197 (-11.9%) |
| Studio | $1,465 | $1,663 | −$197 (-11.9%) |
| 1BR | $1,650 | $1,800 | −$150 (-8.3%) |
| 1BR | $1,650 | $1,800 | −$150 (-8.3%) |
| 2BR | $1,899 | $2,140 | −$241 (-11.3%) |
| 2BR | $2,000 | $2,140 | −$140 (-6.5%) |
| 3BR | $2,200 | $2,500 | −$300 (-12.0%) |
| 3BR | $2,299 | $2,500 | −$201 (-8.0%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in March 2021.