Monthly Rent Report
Sunset Park Rent Report — May 2022
Asking rents in ZIP 11232, New York City, from 8 listings.
Median 1BR rent in Sunset Park was $1,350 in May 2022, down 15.6% (−$250) from April 2022 and down 25.6% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Sunset Park $713 below the New York City citywide 1BR median of $2,063. The month's figures are based on 8 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | +$300 (+15.8%) | +$950 (+76.0%) | $1,575 – $2,900 | 4 |
| 1BR | $1,350 | −$250 (-15.6%) | −$464 (-25.6%) | $1,350 – $1,350 | 1 |
| 2BR | $2,450 | −$850 (-25.8%) | +$550 (+28.9%) | $2,450 – $2,450 | 1 |
| 3BR | $2,692 | −$1,503 (-35.8%) | +$245 (+10.0%) | $2,692 – $2,692 | 1 |
| 4BR | $2,700 | −$2,300 (-46.0%) | −$3,300 (-55.0%) | $2,700 – $2,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — May 2022
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $1,875 | +$325 (+17.3%) |
| 1BR | $1,350 | $2,063 | −$712 (-34.5%) |
| 2BR | $2,450 | $2,499 | −$49 (-2.0%) |
| 3BR | $2,692 | $2,950 | −$258 (-8.7%) |
| 4BR | $2,700 | $3,600 | −$900 (-25.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.