Monthly Rent Report
Sunset Park Rent Report — November 2023
Asking rents in ZIP 11220, New York City, from 121 listings.
Median 1BR rent in Sunset Park was $2,000 in November 2023, down 12.9% (−$295) from October 2023 and up 0.3% year-over-year. The middle half of 1BR listings asked between $1,949 and $2,063. That puts Sunset Park $400 below the New York City citywide 1BR median of $2,400. The month's figures are based on 121 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | +$100 (+4.2%) | +$805 (+47.5%) | $2,475 – $2,500 | 4 |
| Studio | $2,500 | +$100 (+4.2%) | +$805 (+47.5%) | $2,475 – $2,500 | 4 |
| 1BR | $2,000 | −$295 (-12.9%) | +$5 (+0.3%) | $1,949 – $2,063 | 36 |
| 1BR | $2,000 | −$295 (-12.9%) | +$5 (+0.3%) | $1,949 – $2,063 | 36 |
| 2BR | $2,500 | −$500 (-16.7%) | −$649 (-20.6%) | $2,500 – $2,500 | 1 |
| 2BR | $2,700 | −$300 (-10.0%) | −$449 (-14.3%) | $2,700 – $2,700 | 1 |
| 3BR | $2,950 | −$150 (-4.8%) | +$1,350 (+84.4%) | $2,700 – $3,188 | 30 |
| 3BR | $2,700 | −$400 (-12.9%) | +$1,100 (+68.8%) | $2,700 – $2,700 | 1 |
| 4BR | $4,650 | +$450 (+10.7%) | +$1,250 (+36.8%) | $4,650 – $4,650 | 2 |
| 4BR | $4,650 | +$450 (+10.7%) | +$1,250 (+36.8%) | $4,650 – $4,650 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — November 2023
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $2,395 | +$105 (+4.4%) |
| Studio | $2,500 | $2,395 | +$105 (+4.4%) |
| 1BR | $2,000 | $2,400 | −$400 (-16.7%) |
| 1BR | $2,000 | $2,400 | −$400 (-16.7%) |
| 2BR | $2,500 | $2,798 | −$297 (-10.6%) |
| 2BR | $2,700 | $2,798 | −$97 (-3.5%) |
| 3BR | $2,950 | $3,300 | −$350 (-10.6%) |
| 3BR | $2,700 | $3,300 | −$600 (-18.2%) |
| 4BR | $4,650 | $4,199 | +$451 (+10.7%) |
| 4BR | $4,650 | $4,199 | +$451 (+10.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.