Monthly Rent Report
Sunset Park Rent Report — September 2024
Asking rents in ZIP 11220, New York City, from 49 listings.
Median 1BR rent in Sunset Park was $2,400 in September 2024, up 26.3% (+$500) from August 2024 and up 17.1% year-over-year. The middle half of 1BR listings asked between $2,138 and $3,200. That puts Sunset Park in line with the New York City citywide 1BR median of $2,393. The month's figures are based on 49 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,150 | −$12,850 (-85.7%) | −$100 (-4.4%) | $2,150 – $2,150 | 1 |
| 1BR | $2,400 | +$500 (+26.3%) | +$351 (+17.1%) | $2,138 – $3,200 | 23 |
| 1BR | $2,550 | +$650 (+34.2%) | +$501 (+24.5%) | $2,550 – $2,550 | 1 |
| 2BR | $2,550 | $0 (0.0%) | +$51 (+2.0%) | $2,500 – $3,125 | 19 |
| 3BR | $2,500 | −$575 (-18.7%) | −$650 (-20.6%) | $2,500 – $2,500 | 1 |
| 4BR | $3,000 | −$200 (-6.3%) | — | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — September 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,150 | $2,369 | −$219 (-9.2%) |
| 1BR | $2,400 | $2,393 | +$7 (+0.3%) |
| 1BR | $2,550 | $2,393 | +$157 (+6.6%) |
| 2BR | $2,550 | $2,900 | −$350 (-12.1%) |
| 3BR | $2,500 | $3,598 | −$1,097 (-30.5%) |
| 4BR | $3,000 | $4,295 | −$1,295 (-30.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.