Monthly Rent Report
Sunset Park Rent Report — May 2021
Asking rents in ZIP 11220, New York City, from 106 listings.
Median 1BR rent in Sunset Park was $1,650 in May 2021, flat versus April 2021 and down 5.7% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Sunset Park $170 below the New York City citywide 1BR median of $1,820. The month's figures are based on 106 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | +$225 (+16.4%) | +$275 (+20.8%) | $1,600 – $1,600 | 2 |
| Studio | $1,600 | +$225 (+16.4%) | +$275 (+20.8%) | $1,450 – $1,650 | 3 |
| 1BR | $1,650 | $0 (0.0%) | −$100 (-5.7%) | $1,650 – $1,650 | 1 |
| 1BR | $1,650 | $0 (0.0%) | −$100 (-5.7%) | $1,625 – $1,950 | 17 |
| 2BR | $1,900 | +$200 (+11.8%) | −$200 (-9.5%) | $1,800 – $2,200 | 45 |
| 2BR | $1,900 | +$200 (+11.8%) | −$200 (-9.5%) | $1,850 – $2,050 | 3 |
| 3BR | $2,300 | −$50 (-2.1%) | −$250 (-9.8%) | $2,300 – $2,300 | 1 |
| 3BR | $2,300 | −$50 (-2.1%) | −$250 (-9.8%) | $2,188 – $2,500 | 28 |
| 4BR | $3,000 | +$325 (+12.1%) | −$300 (-9.1%) | $3,000 – $3,000 | 1 |
| 4BR | $3,000 | +$325 (+12.1%) | −$300 (-9.1%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — May 2021
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,661 | −$61 (-3.7%) |
| Studio | $1,600 | $1,661 | −$61 (-3.7%) |
| 1BR | $1,650 | $1,820 | −$170 (-9.3%) |
| 1BR | $1,650 | $1,820 | −$170 (-9.3%) |
| 2BR | $1,900 | $2,200 | −$300 (-13.6%) |
| 2BR | $1,900 | $2,200 | −$300 (-13.6%) |
| 3BR | $2,300 | $2,550 | −$250 (-9.8%) |
| 3BR | $2,300 | $2,550 | −$250 (-9.8%) |
| 4BR | $3,000 | $3,400 | −$400 (-11.8%) |
| 4BR | $3,000 | $3,400 | −$400 (-11.8%) |
Citywide figure is the median of zip-level medians across 162 New York City zip codes with listings in May 2021.