Monthly Rent Report
Sunset Park Rent Report — May 2021
Asking rents in ZIP 11232, New York City, from 73 listings.
Median 1BR rent in Sunset Park was $1,895 in May 2021, up 5.3% (+$95) from April 2021. The middle half of 1BR listings asked between $1,700 and $2,350. That puts Sunset Park $75 above the New York City citywide 1BR median of $1,820. The month's figures are based on 73 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$500 (-28.6%) | −$350 (-21.9%) | $1,250 – $1,250 | 3 |
| Studio | $1,550 | −$200 (-11.4%) | −$50 (-3.1%) | $1,300 – $1,700 | 5 |
| 1BR | $1,895 | +$95 (+5.3%) | — | $1,700 – $2,350 | 25 |
| 1BR | $1,814 | +$14 (+0.8%) | — | $1,814 – $1,814 | 1 |
| 2BR | $1,900 | $0 (0.0%) | −$300 (-13.6%) | $1,838 – $2,038 | 20 |
| 2BR | $2,400 | +$500 (+26.3%) | +$200 (+9.1%) | $2,400 – $2,400 | 2 |
| 3BR | $3,500 | +$850 (+32.1%) | +$650 (+22.8%) | $3,500 – $3,500 | 1 |
| 3BR | $2,448 | −$202 (-7.6%) | −$402 (-14.1%) | $2,200 – $3,113 | 14 |
| 4BR | $6,000 | — | — | $6,000 – $6,000 | 1 |
| 4BR | $6,000 | — | — | $6,000 – $6,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — May 2021
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,661 | −$411 (-24.7%) |
| Studio | $1,550 | $1,661 | −$111 (-6.7%) |
| 1BR | $1,895 | $1,820 | +$75 (+4.1%) |
| 1BR | $1,814 | $1,820 | −$6 (-0.3%) |
| 2BR | $1,900 | $2,200 | −$300 (-13.6%) |
| 2BR | $2,400 | $2,200 | +$200 (+9.1%) |
| 3BR | $3,500 | $2,550 | +$950 (+37.3%) |
| 3BR | $2,448 | $2,550 | −$102 (-4.0%) |
| 4BR | $6,000 | $3,400 | +$2,600 (+76.5%) |
| 4BR | $6,000 | $3,400 | +$2,600 (+76.5%) |
Citywide figure is the median of zip-level medians across 162 New York City zip codes with listings in May 2021.