Monthly Rent Report
Sunset Park Rent Report — November 2024
Asking rents in ZIP 11220, New York City, from 15 listings.
Median 1BR rent in Sunset Park was $1,500 in November 2024, down 11.8% (−$200) from October 2024 and down 25.0% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Sunset Park $950 below the New York City citywide 1BR median of $2,450. The month's figures are based on 15 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | +$285 (+17.7%) | −$605 (-24.2%) | $1,895 – $1,895 | 1 |
| 1BR | $1,500 | −$200 (-11.8%) | −$500 (-25.0%) | $1,500 – $1,500 | 4 |
| 1BR | $1,800 | +$100 (+5.9%) | −$200 (-10.0%) | $1,800 – $1,800 | 1 |
| 2BR | $2,748 | +$248 (+9.9%) | +$248 (+9.9%) | $2,624 – $2,871 | 2 |
| 2BR | $2,748 | +$248 (+9.9%) | +$248 (+9.9%) | $2,624 – $2,871 | 2 |
| 3BR | $2,825 | −$65 (-2.2%) | +$125 (+4.6%) | $2,775 – $2,914 | 4 |
| 4BR | $3,800 | +$600 (+18.8%) | −$850 (-18.3%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — November 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $2,383 | −$488 (-20.5%) |
| 1BR | $1,500 | $2,450 | −$950 (-38.8%) |
| 1BR | $1,800 | $2,450 | −$650 (-26.5%) |
| 2BR | $2,748 | $2,950 | −$202 (-6.9%) |
| 2BR | $2,748 | $2,950 | −$202 (-6.9%) |
| 3BR | $2,825 | $3,600 | −$775 (-21.5%) |
| 4BR | $3,800 | $4,375 | −$575 (-13.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.