Monthly Rent Report
Sunset Park Rent Report — January 2024
Asking rents in ZIP 11220, New York City, from 41 listings.
Median 1BR rent in Sunset Park was $800 in January 2024, down 50.0% (−$800) from December 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $800 and $800. That puts Sunset Park $1,550 below the New York City citywide 1BR median of $2,350. The month's figures are based on 41 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $800 | −$800 (-50.0%) | $0 (0.0%) | $800 – $800 | 1 |
| 1BR | $2,400 | +$800 (+50.0%) | +$1,600 (+200.0%) | $2,020 – $2,495 | 9 |
| 2BR | $2,900 | −$200 (-6.5%) | +$341 (+13.3%) | $2,900 – $2,900 | 2 |
| 2BR | $2,650 | −$450 (-14.5%) | +$91 (+3.6%) | $2,500 – $2,800 | 21 |
| 3BR | $2,850 | −$297 (-9.5%) | −$50 (-1.7%) | $2,822 – $2,875 | 3 |
| 3BR | $2,850 | −$297 (-9.5%) | −$50 (-1.7%) | $2,822 – $2,875 | 3 |
| 4BR | $4,500 | +$700 (+18.4%) | +$1,400 (+45.2%) | $4,500 – $4,500 | 1 |
| 4BR | $4,500 | +$700 (+18.4%) | +$1,400 (+45.2%) | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — January 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $800 | $2,350 | −$1,550 (-66.0%) |
| 1BR | $2,400 | $2,350 | +$50 (+2.1%) |
| 2BR | $2,900 | $2,885 | +$15 (+0.5%) |
| 2BR | $2,650 | $2,885 | −$235 (-8.1%) |
| 3BR | $2,850 | $3,443 | −$593 (-17.2%) |
| 3BR | $2,850 | $3,443 | −$593 (-17.2%) |
| 4BR | $4,500 | $4,000 | +$500 (+12.5%) |
| 4BR | $4,500 | $4,000 | +$500 (+12.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.