Monthly Rent Report
Sunset Park Rent Report — October 2022
Asking rents in ZIP 11232, New York City, from 14 listings.
Median 1BR rent in Sunset Park was $3,475 in October 2022, up 24.1% (+$675) from September 2022 and up 73.8% year-over-year. The middle half of 1BR listings asked between $3,475 and $3,475. That puts Sunset Park $1,220 above the New York City citywide 1BR median of $2,255. The month's figures are based on 14 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | −$700 (-35.0%) | — | $1,300 – $1,300 | 1 |
| Studio | $1,300 | −$700 (-35.0%) | — | $1,300 – $1,300 | 1 |
| 1BR | $3,475 | +$675 (+24.1%) | +$1,476 (+73.8%) | $3,475 – $3,475 | 1 |
| 1BR | $2,350 | −$450 (-16.1%) | +$351 (+17.6%) | $2,350 – $2,350 | 1 |
| 2BR | $2,200 | −$403 (-15.5%) | −$92 (-4.0%) | $2,200 – $2,225 | 4 |
| 2BR | $2,150 | −$453 (-17.4%) | −$142 (-6.2%) | $2,125 – $2,175 | 2 |
| 3BR | $2,700 | −$800 (-22.9%) | +$200 (+8.0%) | $2,700 – $2,700 | 1 |
| 3BR | $3,000 | −$500 (-14.3%) | +$500 (+20.0%) | $2,850 – $3,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — October 2022
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $2,283 | −$982 (-43.0%) |
| Studio | $1,300 | $2,283 | −$982 (-43.0%) |
| 1BR | $3,475 | $2,255 | +$1,220 (+54.1%) |
| 1BR | $2,350 | $2,255 | +$95 (+4.2%) |
| 2BR | $2,200 | $2,700 | −$500 (-18.5%) |
| 2BR | $2,150 | $2,700 | −$550 (-20.4%) |
| 3BR | $2,700 | $3,200 | −$500 (-15.6%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.