Monthly Rent Report
Sunset Park Rent Report — November 2022
Asking rents in ZIP 11220, New York City, from 31 listings.
Median 1BR rent in Sunset Park was $1,995 in November 2022, down 4.9% (−$102) from October 2022 and up 2.4% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Sunset Park $249 below the New York City citywide 1BR median of $2,244. The month's figures are based on 31 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | −$410 (-19.5%) | −$55 (-3.1%) | $1,648 – $1,695 | 3 |
| Studio | $1,695 | −$410 (-19.5%) | −$55 (-3.1%) | $1,648 – $1,695 | 3 |
| 1BR | $1,995 | −$102 (-4.9%) | +$48 (+2.4%) | $1,995 – $1,995 | 2 |
| 1BR | $1,995 | −$102 (-4.9%) | +$48 (+2.4%) | $1,995 – $2,000 | 9 |
| 2BR | $3,399 | −$251 (-6.9%) | +$1,339 (+65.0%) | $3,399 – $3,399 | 1 |
| 2BR | $3,150 | −$500 (-13.7%) | +$1,090 (+52.9%) | $2,375 – $3,399 | 10 |
| 3BR | $1,600 | −$1,550 (-49.2%) | −$388 (-19.5%) | $1,600 – $1,600 | 1 |
| 3BR | $1,600 | −$1,550 (-49.2%) | −$388 (-19.5%) | $1,600 – $1,600 | 1 |
| 4BR | $3,400 | +$400 (+13.3%) | +$800 (+30.8%) | $3,400 – $3,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — November 2022
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $2,148 | −$453 (-21.1%) |
| Studio | $1,695 | $2,148 | −$453 (-21.1%) |
| 1BR | $1,995 | $2,244 | −$249 (-11.1%) |
| 1BR | $1,995 | $2,244 | −$249 (-11.1%) |
| 2BR | $3,399 | $2,700 | +$699 (+25.9%) |
| 2BR | $3,150 | $2,700 | +$450 (+16.6%) |
| 3BR | $1,600 | $3,200 | −$1,600 (-50.0%) |
| 3BR | $1,600 | $3,200 | −$1,600 (-50.0%) |
| 4BR | $3,400 | $3,900 | −$500 (-12.8%) |
Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.