Monthly Rent Report
Sunset Park Rent Report — March 2020
Asking rents in ZIP 11232, New York City, from 38 listings.
Median 1BR rent in Sunset Park was $2,948 in March 2020, up 57.2% (+$1,073) from February 2020. The middle half of 1BR listings asked between $1,856 and $3,377. That puts Sunset Park $1,048 above the New York City citywide 1BR median of $1,900. The month's figures are based on 38 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | — | — | $1,250 – $1,250 | 1 |
| Studio | $1,250 | — | — | $1,250 – $1,250 | 1 |
| 1BR | $2,948 | +$1,073 (+57.2%) | — | $1,856 – $3,377 | 10 |
| 1BR | $2,948 | +$1,073 (+57.2%) | — | $1,856 – $3,377 | 10 |
| 2BR | $2,550 | +$350 (+15.9%) | — | $2,438 – $3,718 | 6 |
| 2BR | $2,550 | +$350 (+15.9%) | — | $2,438 – $3,718 | 6 |
| 3BR | $3,812 | +$62 (+1.6%) | — | $3,156 – $4,467 | 2 |
| 3BR | $3,812 | +$62 (+1.6%) | — | $3,156 – $4,467 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2020. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — March 2020
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,780 | −$530 (-29.8%) |
| Studio | $1,250 | $1,780 | −$530 (-29.8%) |
| 1BR | $2,948 | $1,900 | +$1,048 (+55.1%) |
| 1BR | $2,948 | $1,900 | +$1,048 (+55.1%) |
| 2BR | $2,550 | $2,290 | +$260 (+11.4%) |
| 2BR | $2,550 | $2,290 | +$260 (+11.4%) |
| 3BR | $3,812 | $2,600 | +$1,212 (+46.6%) |
| 3BR | $3,812 | $2,600 | +$1,212 (+46.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2020.