Monthly Rent Report
Sunset Park Rent Report — September 2023
Asking rents in ZIP 11232, New York City, from 29 listings.
Median 1BR rent in Sunset Park was $2,595 in September 2023, up 8.1% (+$195) from August 2023 and down 7.3% year-over-year. The middle half of 1BR listings asked between $2,433 and $3,100. That puts Sunset Park $95 above the New York City citywide 1BR median of $2,500. The month's figures are based on 29 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,790 | −$960 (-34.9%) | −$210 (-10.5%) | $1,790 – $3,200 | 5 |
| 1BR | $2,595 | +$195 (+8.1%) | −$205 (-7.3%) | $2,433 – $3,100 | 7 |
| 2BR | $2,565 | −$334 (-11.5%) | −$38 (-1.5%) | $2,400 – $2,799 | 8 |
| 3BR | $3,950 | +$950 (+31.7%) | +$450 (+12.9%) | $3,850 – $4,350 | 9 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — September 2023
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,790 | $2,400 | −$610 (-25.4%) |
| 1BR | $2,595 | $2,500 | +$95 (+3.8%) |
| 2BR | $2,565 | $3,000 | −$435 (-14.5%) |
| 3BR | $3,950 | $3,500 | +$450 (+12.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.