Monthly Rent Report

Sunset Park Rent Report — December 2024

Asking rents in ZIP 11220, New York City, from 18 listings.

Median 1BR rent in Sunset Park was $1,995 in December 2024, up 10.8% (+$195) from November 2024 and down 13.3% year-over-year. The middle half of 1BR listings asked between $1,873 and $2,123. That puts Sunset Park $485 below the New York City citywide 1BR median of $2,480. The month's figures are based on 18 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2024Vs. December 2023P25–P75 RangeListings
Studio$1,700−$195 (-10.3%)—$1,700 – $1,7001
Studio$1,895$0 (0.0%)—$1,895 – $1,8953
1BR$1,995+$195 (+10.8%)−$305 (-13.3%)$1,873 – $2,1233
1BR$1,750−$50 (-2.8%)−$550 (-23.9%)$1,750 – $1,7501
2BR$2,550−$197 (-7.2%)−$150 (-5.6%)$2,550 – $2,5501
2BR$2,650−$97 (-3.5%)−$50 (-1.9%)$2,650 – $2,6501
3BR$2,500−$325 (-11.5%)−$600 (-19.4%)$2,500 – $2,5001
3BR$3,800+$975 (+34.5%)+$700 (+22.6%)$3,800 – $3,8001
4BR$3,600−$200 (-5.3%)−$200 (-5.3%)$3,450 – $4,0503
4BR$3,600−$200 (-5.3%)−$200 (-5.3%)$3,450 – $4,0503

Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.

Sunset Park vs. New York City — December 2024

BedroomsSunset Park MedianNYC Citywide MedianDifference
Studio$1,700$2,525−$825 (-32.7%)
Studio$1,895$2,525−$630 (-25.0%)
1BR$1,995$2,480−$484 (-19.5%)
1BR$1,750$2,480−$729 (-29.4%)
2BR$2,550$2,975−$425 (-14.3%)
2BR$2,650$2,975−$325 (-10.9%)
3BR$2,500$3,546−$1,045 (-29.5%)
3BR$3,800$3,546+$255 (+7.2%)
4BR$3,600$4,150−$550 (-13.3%)
4BR$3,600$4,150−$550 (-13.3%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.

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