Monthly Rent Report
Sunset Park Rent Report — April 2023
Asking rents in ZIP 11220, New York City, from 165 listings.
Median 1BR rent in Sunset Park was $2,075 in April 2023, up 9.5% (+$180) from March 2023 and up 15.6% year-over-year. The middle half of 1BR listings asked between $1,871 and $2,250. That puts Sunset Park $298 below the New York City citywide 1BR median of $2,373. The month's figures are based on 165 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,075 | +$180 (+9.5%) | +$280 (+15.6%) | $1,871 – $2,250 | 20 |
| 1BR | $2,000 | +$105 (+5.5%) | +$205 (+11.4%) | $1,847 – $2,250 | 19 |
| 2BR | $2,595 | +$196 (+8.2%) | +$395 (+18.0%) | $2,294 – $3,000 | 44 |
| 2BR | $2,595 | +$196 (+8.2%) | +$395 (+18.0%) | $2,300 – $3,000 | 46 |
| 3BR | $2,750 | −$225 (-7.6%) | −$40 (-1.5%) | $2,600 – $3,271 | 14 |
| 3BR | $2,700 | −$275 (-9.2%) | −$90 (-3.2%) | $2,600 – $3,295 | 13 |
| 4BR | $2,750 | −$150 (-5.2%) | −$550 (-16.7%) | $2,750 – $2,750 | 2 |
| 4BR | $2,750 | −$150 (-5.2%) | −$550 (-16.7%) | $2,750 – $2,750 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — April 2023
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,075 | $2,373 | −$297 (-12.5%) |
| 1BR | $2,000 | $2,373 | −$372 (-15.7%) |
| 2BR | $2,595 | $2,795 | −$200 (-7.2%) |
| 2BR | $2,595 | $2,795 | −$200 (-7.2%) |
| 3BR | $2,750 | $3,200 | −$450 (-14.1%) |
| 3BR | $2,700 | $3,200 | −$500 (-15.6%) |
| 4BR | $2,750 | $4,148 | −$1,397 (-33.7%) |
| 4BR | $2,750 | $4,148 | −$1,397 (-33.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.