Monthly Rent Report
Sunset Park Rent Report — June 2023
Asking rents in ZIP 11232, New York City, from 34 listings.
Median 1BR rent in Sunset Park was $2,750 in June 2023, down 32.3% (−$1,312) from May 2023 and up 31.0% year-over-year. The middle half of 1BR listings asked between $2,600 and $3,899. That puts Sunset Park $263 above the New York City citywide 1BR median of $2,488. The month's figures are based on 34 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,750 | −$1,312 (-32.3%) | +$651 (+31.0%) | $2,600 – $3,899 | 5 |
| 1BR | $2,100 | −$1,962 (-48.3%) | +$1 (+0.0%) | $2,100 – $2,100 | 1 |
| 2BR | $3,100 | −$375 (-10.8%) | +$500 (+19.2%) | $3,100 – $3,100 | 1 |
| 2BR | $3,000 | −$475 (-13.7%) | +$400 (+15.4%) | $2,548 – $3,375 | 15 |
| 3BR | $3,150 | −$850 (-21.3%) | −$1,050 (-25.0%) | $2,800 – $4,250 | 6 |
| 3BR | $3,500 | −$500 (-12.5%) | −$700 (-16.7%) | $2,763 – $4,275 | 4 |
| 4BR | $4,499 | −$501 (-10.0%) | — | $4,499 – $4,499 | 1 |
| 4BR | $4,499 | −$501 (-10.0%) | — | $4,499 – $4,499 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — June 2023
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,750 | $2,488 | +$263 (+10.6%) |
| 1BR | $2,100 | $2,488 | −$387 (-15.6%) |
| 2BR | $3,100 | $2,828 | +$272 (+9.6%) |
| 2BR | $3,000 | $2,828 | +$172 (+6.1%) |
| 3BR | $3,150 | $3,300 | −$150 (-4.5%) |
| 3BR | $3,500 | $3,300 | +$200 (+6.1%) |
| 4BR | $4,499 | $4,200 | +$299 (+7.1%) |
| 4BR | $4,499 | $4,200 | +$299 (+7.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.