Monthly Rent Report
Sunset Park Rent Report — February 2023
Asking rents in ZIP 11220, New York City, from 79 listings.
Median 1BR rent in Sunset Park was $2,150 in February 2023, up 168.8% (+$1,350) from January 2023 and up 24.6% year-over-year. The middle half of 1BR listings asked between $1,923 and $2,250. That puts Sunset Park $50 below the New York City citywide 1BR median of $2,200. The month's figures are based on 79 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,700 | +$900 (+50.0%) | +$1,355 (+100.7%) | $2,700 – $2,700 | 1 |
| Studio | $2,700 | +$900 (+50.0%) | +$1,355 (+100.7%) | $2,700 – $2,700 | 1 |
| 1BR | $2,150 | +$1,350 (+168.8%) | +$425 (+24.6%) | $1,923 – $2,250 | 11 |
| 1BR | $2,150 | +$1,350 (+168.8%) | +$425 (+24.6%) | $1,950 – $2,200 | 13 |
| 2BR | $2,600 | +$50 (+2.0%) | +$300 (+13.0%) | $2,600 – $2,600 | 1 |
| 2BR | $2,450 | −$100 (-3.9%) | +$150 (+6.5%) | $2,201 – $3,050 | 36 |
| 3BR | $2,950 | +$50 (+1.7%) | +$800 (+37.2%) | $2,750 – $3,200 | 11 |
| 3BR | $3,350 | +$450 (+15.5%) | +$1,200 (+55.8%) | $3,350 – $3,350 | 1 |
| 4BR | $3,800 | +$600 (+18.8%) | +$550 (+16.9%) | $3,800 – $3,800 | 2 |
| 4BR | $3,800 | +$600 (+18.8%) | +$550 (+16.9%) | $3,800 – $3,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — February 2023
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,700 | $2,260 | +$440 (+19.5%) |
| Studio | $2,700 | $2,260 | +$440 (+19.5%) |
| 1BR | $2,150 | $2,200 | −$49 (-2.3%) |
| 1BR | $2,150 | $2,200 | −$49 (-2.3%) |
| 2BR | $2,600 | $2,695 | −$95 (-3.5%) |
| 2BR | $2,450 | $2,695 | −$245 (-9.1%) |
| 3BR | $2,950 | $3,200 | −$250 (-7.8%) |
| 3BR | $3,350 | $3,200 | +$150 (+4.7%) |
| 4BR | $3,800 | $3,800 | $0 (0.0%) |
| 4BR | $3,800 | $3,800 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.