Monthly Rent Report
Sunset Park Rent Report — December 2022
Asking rents in ZIP 11232, New York City, from 69 listings.
Median 1BR rent in Sunset Park was $1,675 in December 2022, down 27.0% (−$620) from November 2022 and down 23.9% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,675. That puts Sunset Park $547 below the New York City citywide 1BR median of $2,222. The month's figures are based on 69 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | — | +$125 (+8.3%) | $1,620 – $1,625 | 3 |
| Studio | $1,625 | — | +$125 (+8.3%) | $1,620 – $1,625 | 3 |
| 1BR | $1,675 | −$620 (-27.0%) | −$525 (-23.9%) | $1,675 – $1,675 | 3 |
| 1BR | $1,800 | −$495 (-21.6%) | −$400 (-18.2%) | $1,675 – $2,650 | 11 |
| 2BR | $2,300 | −$400 (-14.8%) | −$550 (-19.3%) | $2,300 – $2,300 | 1 |
| 2BR | $3,100 | +$400 (+14.8%) | +$250 (+8.8%) | $2,825 – $3,999 | 26 |
| 3BR | $3,500 | $0 (0.0%) | +$1,150 (+48.9%) | $3,100 – $4,200 | 7 |
| 3BR | $3,500 | $0 (0.0%) | +$1,150 (+48.9%) | $3,150 – $4,225 | 15 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — December 2022
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $2,098 | −$472 (-22.5%) |
| Studio | $1,625 | $2,098 | −$472 (-22.5%) |
| 1BR | $1,675 | $2,222 | −$546 (-24.6%) |
| 1BR | $1,800 | $2,222 | −$421 (-19.0%) |
| 2BR | $2,300 | $2,700 | −$400 (-14.8%) |
| 2BR | $3,100 | $2,700 | +$400 (+14.8%) |
| 3BR | $3,500 | $3,200 | +$300 (+9.4%) |
| 3BR | $3,500 | $3,200 | +$300 (+9.4%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.