Monthly Rent Report
Sunset Park Rent Report — August 2021
Asking rents in ZIP 11220, New York City, from 104 listings.
Median 1BR rent in Sunset Park was $1,673 in August 2021, up 1.4% (+$23) from July 2021 and down 7.1% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,719. That puts Sunset Park $188 below the New York City citywide 1BR median of $1,860. The month's figures are based on 104 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,673 | +$23 (+1.4%) | −$127 (-7.1%) | $1,650 – $1,719 | 30 |
| 1BR | $1,700 | +$50 (+3.0%) | −$100 (-5.6%) | $1,700 – $1,700 | 4 |
| 2BR | $2,000 | +$50 (+2.6%) | −$100 (-4.8%) | $1,950 – $2,200 | 42 |
| 2BR | $2,100 | +$150 (+7.7%) | $0 (0.0%) | $2,050 – $2,100 | 3 |
| 3BR | $2,450 | +$150 (+6.5%) | −$25 (-1.0%) | $2,300 – $2,500 | 19 |
| 3BR | $2,500 | +$200 (+8.7%) | +$25 (+1.0%) | $2,500 – $2,500 | 1 |
| 4BR | $2,850 | +$50 (+1.8%) | +$51 (+1.8%) | $2,750 – $3,175 | 4 |
| 4BR | $2,400 | −$400 (-14.3%) | −$399 (-14.3%) | $2,400 – $2,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — August 2021
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,673 | $1,860 | −$187 (-10.1%) |
| 1BR | $1,700 | $1,860 | −$160 (-8.6%) |
| 2BR | $2,000 | $2,275 | −$275 (-12.1%) |
| 2BR | $2,100 | $2,275 | −$175 (-7.7%) |
| 3BR | $2,450 | $2,648 | −$197 (-7.5%) |
| 3BR | $2,500 | $2,648 | −$147 (-5.6%) |
| 4BR | $2,850 | $3,350 | −$500 (-14.9%) |
| 4BR | $2,400 | $3,350 | −$950 (-28.4%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.