Monthly Rent Report

Sunset Park Rent Report — August 2021

Asking rents in ZIP 11232, New York City, from 92 listings.

Median 1BR rent in Sunset Park was $1,698 in August 2021, down 15.1% (−$301) from July 2021 and down 5.7% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,849. That puts Sunset Park $163 below the New York City citywide 1BR median of $1,860. The month's figures are based on 92 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2021Vs. August 2020P25–P75 RangeListings
Studio$1,250−$350 (-21.9%)−$850 (-40.5%)$1,250 – $1,2501
Studio$1,250−$350 (-21.9%)−$850 (-40.5%)$1,250 – $1,2503
1BR$1,698−$301 (-15.1%)−$102 (-5.7%)$1,650 – $1,84924
1BR$1,999$0 (0.0%)+$199 (+11.1%)$1,860 – $1,9996
2BR$2,249−$346 (-13.3%)+$54 (+2.5%)$1,850 – $2,2499
2BR$2,000−$595 (-22.9%)−$195 (-8.9%)$1,991 – $2,21324
3BR$2,500−$200 (-7.4%)−$250 (-9.1%)$2,500 – $2,5754
3BR$2,600−$100 (-3.7%)−$150 (-5.5%)$2,200 – $2,70019
4BR$4,900−$100 (-2.0%)+$1,500 (+44.1%)$4,900 – $4,9001
4BR$4,900−$100 (-2.0%)+$1,500 (+44.1%)$4,900 – $4,9001

Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.

Sunset Park vs. New York CityAugust 2021

BedroomsSunset Park MedianNYC Citywide MedianDifference
Studio$1,250$1,749−$499 (-28.5%)
Studio$1,250$1,749−$499 (-28.5%)
1BR$1,698$1,860−$162 (-8.7%)
1BR$1,999$1,860+$139 (+7.5%)
2BR$2,249$2,275−$26 (-1.1%)
2BR$2,000$2,275−$275 (-12.1%)
3BR$2,500$2,648−$147 (-5.6%)
3BR$2,600$2,648−$47 (-1.8%)
4BR$4,900$3,350+$1,550 (+46.3%)
4BR$4,900$3,350+$1,550 (+46.3%)

Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.

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