Monthly Rent Report
Sunset Park Rent Report — August 2019
Asking rents in ZIP 11232, New York City, from 13 listings.
Median 1BR rent in Sunset Park was $2,400 in August 2019, up 35.2% (+$625) from July 2019 and down 17.2% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,875. That puts Sunset Park $450 above the New York City citywide 1BR median of $1,950. The month's figures are based on 13 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2019 | Vs. August 2018 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | $0 (0.0%) | — | $1,400 – $1,400 | 2 |
| 1BR | $2,400 | +$625 (+35.2%) | −$500 (-17.2%) | $2,250 – $2,875 | 3 |
| 2BR | $3,748 | +$1,363 (+57.1%) | +$749 (+25.0%) | $2,996 – $4,499 | 2 |
| 3BR | $2,700 | +$50 (+1.9%) | −$100 (-3.6%) | $2,599 – $3,413 | 4 |
| 4BR | $3,125 | −$124 (-3.8%) | −$70 (-2.2%) | $3,062 – $3,187 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2019. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — August 2019
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,799 | −$398 (-22.2%) |
| 1BR | $2,400 | $1,950 | +$450 (+23.1%) |
| 2BR | $3,748 | $2,313 | +$1,435 (+62.1%) |
| 3BR | $2,700 | $2,725 | −$25 (-0.9%) |
| 4BR | $3,125 | $3,649 | −$524 (-14.4%) |
Citywide figure is the median of zip-level medians across 169 New York City zip codes with listings in August 2019.