Monthly Rent Report
Sunset Park Rent Report — April 2023
Asking rents in ZIP 11232, New York City, from 77 listings.
Median 1BR rent in Sunset Park was $2,250 in April 2023, up 42.9% (+$675) from March 2023 and up 40.6% year-over-year. The middle half of 1BR listings asked between $2,077 and $2,496. That puts Sunset Park $123 below the New York City citywide 1BR median of $2,373. The month's figures are based on 77 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,700 | — | +$800 (+42.1%) | $2,700 – $2,700 | 1 |
| Studio | $2,700 | — | +$800 (+42.1%) | $2,700 – $2,700 | 1 |
| 1BR | $2,250 | +$675 (+42.9%) | +$650 (+40.6%) | $2,077 – $2,496 | 12 |
| 1BR | $2,250 | +$675 (+42.9%) | +$650 (+40.6%) | $2,077 – $2,496 | 12 |
| 2BR | $3,100 | +$250 (+8.8%) | −$200 (-6.1%) | $3,100 – $3,100 | 1 |
| 2BR | $2,900 | +$50 (+1.8%) | −$400 (-12.1%) | $2,450 – $3,500 | 27 |
| 3BR | $2,998 | +$425 (+16.5%) | −$1,197 (-28.5%) | $2,950 – $3,375 | 10 |
| 3BR | $3,000 | +$428 (+16.6%) | −$1,195 (-28.5%) | $2,950 – $4,000 | 11 |
| 4BR | $3,600 | −$395 (-9.9%) | −$1,400 (-28.0%) | $3,600 – $3,600 | 1 |
| 4BR | $3,600 | −$395 (-9.9%) | −$1,400 (-28.0%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — April 2023
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,700 | $2,349 | +$351 (+14.9%) |
| Studio | $2,700 | $2,349 | +$351 (+14.9%) |
| 1BR | $2,250 | $2,373 | −$122 (-5.2%) |
| 1BR | $2,250 | $2,373 | −$122 (-5.2%) |
| 2BR | $3,100 | $2,795 | +$305 (+10.9%) |
| 2BR | $2,900 | $2,795 | +$105 (+3.8%) |
| 3BR | $2,998 | $3,200 | −$202 (-6.3%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 4BR | $3,600 | $4,148 | −$547 (-13.2%) |
| 4BR | $3,600 | $4,148 | −$547 (-13.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.