Monthly Rent Report
Sunset Park Rent Report — April 2024
Asking rents in ZIP 11220, New York City, from 133 listings.
Median 1BR rent in Sunset Park was $2,245 in April 2024, up 12.3% (+$245) from March 2024 and up 8.2% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,488. That puts Sunset Park $255 below the New York City citywide 1BR median of $2,500. The month's figures are based on 133 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | +$1 (+0.0%) | — | $2,250 – $2,500 | 3 |
| Studio | $2,400 | −$100 (-4.0%) | — | $2,199 – $2,600 | 2 |
| 1BR | $2,245 | +$245 (+12.3%) | +$170 (+8.2%) | $2,000 – $2,488 | 18 |
| 1BR | $2,195 | +$195 (+9.8%) | +$120 (+5.8%) | $2,000 – $2,425 | 11 |
| 2BR | $2,497 | −$103 (-4.0%) | −$98 (-3.8%) | $2,200 – $2,634 | 56 |
| 2BR | $2,500 | −$100 (-3.8%) | −$95 (-3.7%) | $2,400 – $2,800 | 29 |
| 3BR | $3,100 | +$100 (+3.3%) | +$351 (+12.7%) | $2,800 – $3,100 | 9 |
| 3BR | $3,100 | +$100 (+3.3%) | +$351 (+12.7%) | $2,800 – $3,100 | 5 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — April 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $2,491 | +$9 (+0.4%) |
| Studio | $2,400 | $2,491 | −$91 (-3.7%) |
| 1BR | $2,245 | $2,500 | −$255 (-10.2%) |
| 1BR | $2,195 | $2,500 | −$305 (-12.2%) |
| 2BR | $2,497 | $2,995 | −$498 (-16.6%) |
| 2BR | $2,500 | $2,995 | −$495 (-16.5%) |
| 3BR | $3,100 | $3,500 | −$400 (-11.4%) |
| 3BR | $3,100 | $3,500 | −$400 (-11.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.