Monthly Rent Report
Sunset Park Rent Report — August 2022
Asking rents in ZIP 11220, New York City, from 65 listings.
Median 1BR rent in Sunset Park was $2,350 in August 2022, up 11.9% (+$250) from July 2022 and up 40.5% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,525. That puts Sunset Park in line with the New York City citywide 1BR median of $2,350. The month's figures are based on 65 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | −$125 (-6.9%) | — | $1,675 – $1,675 | 3 |
| Studio | $1,675 | −$125 (-6.9%) | — | $1,675 – $1,675 | 5 |
| 1BR | $2,350 | +$250 (+11.9%) | +$678 (+40.5%) | $2,100 – $2,525 | 7 |
| 1BR | $975 | −$1,125 (-53.6%) | −$697 (-41.7%) | $863 – $1,088 | 2 |
| 2BR | $2,795 | −$200 (-6.7%) | +$795 (+39.8%) | $2,475 – $3,100 | 27 |
| 2BR | $2,250 | −$745 (-24.9%) | +$250 (+12.5%) | $2,250 – $2,250 | 1 |
| 3BR | $3,200 | +$675 (+26.7%) | +$700 (+28.0%) | $2,925 – $3,621 | 16 |
| 3BR | $2,450 | −$75 (-3.0%) | −$50 (-2.0%) | $2,450 – $2,450 | 1 |
| 4BR | $2,800 | −$575 (-17.0%) | +$400 (+16.7%) | $2,800 – $2,800 | 1 |
| 4BR | $2,800 | −$575 (-17.0%) | +$400 (+16.7%) | $2,800 – $2,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — August 2022
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $2,300 | −$625 (-27.2%) |
| Studio | $1,675 | $2,300 | −$625 (-27.2%) |
| 1BR | $2,350 | $2,350 | $0 (0.0%) |
| 1BR | $975 | $2,350 | −$1,375 (-58.5%) |
| 2BR | $2,795 | $2,800 | −$5 (-0.2%) |
| 2BR | $2,250 | $2,800 | −$550 (-19.6%) |
| 3BR | $3,200 | $3,350 | −$150 (-4.5%) |
| 3BR | $2,450 | $3,350 | −$900 (-26.9%) |
| 4BR | $2,800 | $4,224 | −$1,424 (-33.7%) |
| 4BR | $2,800 | $4,224 | −$1,424 (-33.7%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.