Monthly Rent Report
Sunset Park Rent Report — January 2023
Asking rents in ZIP 11232, New York City, from 137 listings.
Median 1BR rent in Sunset Park was $2,375 in January 2023, up 41.8% (+$700) from December 2022 and up 13.4% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,963. That puts Sunset Park $86 above the New York City citywide 1BR median of $2,289. The month's figures are based on 137 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,999 | +$1,374 (+84.6%) | +$1,604 (+115.0%) | $2,999 – $2,999 | 1 |
| Studio | $2,307 | +$682 (+42.0%) | +$912 (+65.4%) | $1,961 – $2,653 | 2 |
| 1BR | $2,375 | +$700 (+41.8%) | +$280 (+13.4%) | $2,200 – $2,963 | 36 |
| 1BR | $1,650 | −$25 (-1.5%) | −$445 (-21.2%) | $1,650 – $1,650 | 1 |
| 2BR | $2,950 | +$650 (+28.3%) | +$700 (+31.1%) | $2,300 – $3,500 | 57 |
| 2BR | $4,000 | +$1,700 (+73.9%) | +$1,750 (+77.8%) | $4,000 – $4,000 | 1 |
| 3BR | $3,575 | +$75 (+2.1%) | +$375 (+11.7%) | $3,000 – $3,850 | 32 |
| 3BR | $3,650 | +$150 (+4.3%) | +$450 (+14.1%) | $3,238 – $3,725 | 7 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — January 2023
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,999 | $2,197 | +$802 (+36.5%) |
| Studio | $2,307 | $2,197 | +$110 (+5.0%) |
| 1BR | $2,375 | $2,289 | +$86 (+3.8%) |
| 1BR | $1,650 | $2,289 | −$639 (-27.9%) |
| 2BR | $2,950 | $2,700 | +$250 (+9.3%) |
| 2BR | $4,000 | $2,700 | +$1,300 (+48.1%) |
| 3BR | $3,575 | $3,200 | +$375 (+11.7%) |
| 3BR | $3,650 | $3,200 | +$450 (+14.1%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.