Monthly Rent Report
Sunset Park Rent Report — August 2020
Asking rents in ZIP 11232, New York City, from 140 listings.
Median 1BR rent in Sunset Park was $1,825 in August 2020, up 1.4% (+$25) from July 2020 and down 24.0% year-over-year. The middle half of 1BR listings asked between $1,769 and $2,770. That puts Sunset Park $60 below the New York City citywide 1BR median of $1,885. The month's figures are based on 140 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. August 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | +$300 (+16.7%) | +$700 (+50.0%) | $2,100 – $2,100 | 1 |
| Studio | $2,100 | +$300 (+16.7%) | +$700 (+50.0%) | $2,100 – $2,100 | 1 |
| 1BR | $1,825 | +$25 (+1.4%) | −$575 (-24.0%) | $1,769 – $2,770 | 24 |
| 1BR | $1,800 | $0 (0.0%) | −$600 (-25.0%) | $1,749 – $1,984 | 18 |
| 2BR | $2,199 | +$99 (+4.7%) | −$1,548 (-41.3%) | $2,000 – $2,400 | 31 |
| 2BR | $2,195 | +$95 (+4.5%) | −$1,552 (-41.4%) | $1,950 – $2,450 | 39 |
| 3BR | $2,750 | −$100 (-3.5%) | +$51 (+1.9%) | $2,400 – $4,251 | 12 |
| 3BR | $2,750 | −$100 (-3.5%) | +$51 (+1.9%) | $2,400 – $4,251 | 12 |
| 4BR | $3,400 | +$5 (+0.1%) | +$276 (+8.8%) | $3,400 – $3,400 | 1 |
| 4BR | $3,400 | +$5 (+0.1%) | +$276 (+8.8%) | $3,400 – $3,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — August 2020
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $1,750 | +$350 (+20.0%) |
| Studio | $2,100 | $1,750 | +$350 (+20.0%) |
| 1BR | $1,825 | $1,885 | −$60 (-3.2%) |
| 1BR | $1,800 | $1,885 | −$84 (-4.5%) |
| 2BR | $2,199 | $2,250 | −$51 (-2.3%) |
| 2BR | $2,195 | $2,250 | −$55 (-2.4%) |
| 3BR | $2,750 | $2,606 | +$144 (+5.5%) |
| 3BR | $2,750 | $2,606 | +$144 (+5.5%) |
| 4BR | $3,400 | $3,344 | +$57 (+1.7%) |
| 4BR | $3,400 | $3,344 | +$57 (+1.7%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in August 2020.