Monthly Rent Report
Sunset Park Rent Report — March 2021
Asking rents in ZIP 11232, New York City, from 49 listings.
Median 1BR rent in Sunset Park was $1,750 in March 2021, down 16.7% (−$350) from February 2021 and down 40.6% year-over-year. The middle half of 1BR listings asked between $1,725 and $1,900. That puts Sunset Park $50 below the New York City citywide 1BR median of $1,800. The month's figures are based on 49 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. March 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | +$350 (+28.0%) | +$350 (+28.0%) | $1,250 – $1,750 | 5 |
| Studio | $1,600 | +$350 (+28.0%) | +$350 (+28.0%) | $1,250 – $1,750 | 5 |
| 1BR | $1,750 | −$350 (-16.7%) | −$1,197 (-40.6%) | $1,725 – $1,900 | 21 |
| 1BR | $1,900 | −$200 (-9.5%) | −$1,047 (-35.5%) | $1,850 – $1,950 | 2 |
| 2BR | $1,850 | +$50 (+2.8%) | −$700 (-27.5%) | $1,796 – $2,100 | 10 |
| 2BR | $2,000 | +$200 (+11.1%) | −$550 (-21.6%) | $2,000 – $2,000 | 1 |
| 3BR | $2,000 | +$5 (+0.3%) | −$1,811 (-47.5%) | $2,000 – $2,163 | 4 |
| 3BR | $2,700 | +$705 (+35.3%) | −$1,111 (-29.2%) | $2,700 – $2,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — March 2021
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,663 | −$62 (-3.8%) |
| Studio | $1,600 | $1,663 | −$62 (-3.8%) |
| 1BR | $1,750 | $1,800 | −$50 (-2.8%) |
| 1BR | $1,900 | $1,800 | +$100 (+5.6%) |
| 2BR | $1,850 | $2,140 | −$290 (-13.6%) |
| 2BR | $2,000 | $2,140 | −$140 (-6.5%) |
| 3BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 3BR | $2,700 | $2,500 | +$200 (+8.0%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in March 2021.