Monthly Rent Report
Sunset Park Rent Report — December 2022
Asking rents in ZIP 11220, New York City, from 129 listings.
Median 1BR rent in Sunset Park was $1,995 in December 2022, flat versus November 2022 and up 2.4% year-over-year. The middle half of 1BR listings asked between $1,788 and $2,050. That puts Sunset Park $227 below the New York City citywide 1BR median of $2,222. The month's figures are based on 129 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,063 | +$368 (+21.7%) | +$313 (+17.9%) | $1,856 – $2,100 | 6 |
| Studio | $1,800 | +$105 (+6.2%) | +$50 (+2.9%) | $1,500 – $2,100 | 12 |
| 1BR | $1,995 | $0 (0.0%) | +$48 (+2.4%) | $1,788 – $2,050 | 23 |
| 1BR | $2,000 | +$5 (+0.3%) | +$53 (+2.7%) | $1,934 – $2,025 | 12 |
| 2BR | $2,599 | −$800 (-23.5%) | +$174 (+7.2%) | $2,246 – $2,650 | 23 |
| 2BR | $2,500 | −$899 (-26.4%) | +$75 (+3.1%) | $2,200 – $2,650 | 39 |
| 3BR | $3,500 | +$1,900 (+118.8%) | +$1,200 (+52.2%) | $3,250 – $3,500 | 3 |
| 3BR | $3,000 | +$1,400 (+87.5%) | +$700 (+30.4%) | $2,600 – $3,250 | 7 |
| 4BR | $3,700 | +$300 (+8.8%) | +$500 (+15.6%) | $3,700 – $3,700 | 2 |
| 4BR | $3,700 | +$300 (+8.8%) | +$500 (+15.6%) | $3,700 – $3,700 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — December 2022
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,063 | $2,098 | −$35 (-1.7%) |
| Studio | $1,800 | $2,098 | −$297 (-14.2%) |
| 1BR | $1,995 | $2,222 | −$226 (-10.2%) |
| 1BR | $2,000 | $2,222 | −$221 (-10.0%) |
| 2BR | $2,599 | $2,700 | −$101 (-3.7%) |
| 2BR | $2,500 | $2,700 | −$200 (-7.4%) |
| 3BR | $3,500 | $3,200 | +$300 (+9.4%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 4BR | $3,700 | $3,750 | −$50 (-1.3%) |
| 4BR | $3,700 | $3,750 | −$50 (-1.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.