Monthly Rent Report
Sunset Park Rent Report — October 2023
Asking rents in ZIP 11232, New York City, from 144 listings.
Median 1BR rent in Sunset Park was $2,495 in October 2023, down 3.9% (−$100) from September 2023 and up 6.2% year-over-year. The middle half of 1BR listings asked between $2,300 and $3,200. That puts Sunset Park $45 above the New York City citywide 1BR median of $2,450. The month's figures are based on 144 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,395 | +$605 (+33.8%) | +$1,095 (+84.2%) | $1,790 – $2,750 | 13 |
| Studio | $2,525 | +$735 (+41.1%) | +$1,225 (+94.2%) | $2,263 – $2,788 | 2 |
| 1BR | $2,495 | −$100 (-3.9%) | +$145 (+6.2%) | $2,300 – $3,200 | 39 |
| 1BR | $2,400 | −$195 (-7.5%) | +$50 (+2.1%) | $2,225 – $2,894 | 8 |
| 2BR | $2,500 | −$65 (-2.5%) | +$300 (+13.6%) | $2,500 – $5,600 | 9 |
| 2BR | $2,588 | +$23 (+0.9%) | +$388 (+17.6%) | $2,400 – $4,675 | 41 |
| 3BR | $3,725 | −$225 (-5.7%) | +$725 (+24.2%) | $3,150 – $4,500 | 28 |
| 3BR | $5,900 | +$1,950 (+49.4%) | +$2,900 (+96.7%) | $5,900 – $5,900 | 2 |
| 4BR | $3,500 | — | — | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | — | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — October 2023
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,395 | $2,411 | −$15 (-0.6%) |
| Studio | $2,525 | $2,411 | +$115 (+4.8%) |
| 1BR | $2,495 | $2,450 | +$45 (+1.8%) |
| 1BR | $2,400 | $2,450 | −$50 (-2.0%) |
| 2BR | $2,500 | $2,900 | −$400 (-13.8%) |
| 2BR | $2,588 | $2,900 | −$312 (-10.8%) |
| 3BR | $3,725 | $3,349 | +$376 (+11.2%) |
| 3BR | $5,900 | $3,349 | +$2,551 (+76.2%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.