Monthly Rent Report
Sunset Park Rent Report — November 2023
Asking rents in ZIP 11232, New York City, from 153 listings.
Median 1BR rent in Sunset Park was $2,400 in November 2023, flat versus October 2023 and up 4.6% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,875. That puts Sunset Park in line with the New York City citywide 1BR median of $2,400. The month's figures are based on 153 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,218 | −$307 (-12.2%) | — | $2,135 – $2,863 | 6 |
| Studio | $2,218 | −$307 (-12.2%) | — | $2,135 – $2,863 | 6 |
| 1BR | $2,400 | $0 (0.0%) | +$105 (+4.6%) | $2,300 – $2,875 | 27 |
| 1BR | $2,400 | $0 (0.0%) | +$105 (+4.6%) | $2,300 – $2,875 | 27 |
| 2BR | $2,700 | +$200 (+8.0%) | −$500 (-15.6%) | $2,495 – $3,700 | 45 |
| 2BR | $2,500 | $0 (0.0%) | −$700 (-21.9%) | $2,499 – $2,550 | 4 |
| 3BR | $4,495 | −$1,405 (-23.8%) | +$700 (+18.4%) | $2,549 – $6,400 | 19 |
| 3BR | $4,495 | −$1,405 (-23.8%) | +$700 (+18.4%) | $2,549 – $6,400 | 19 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — November 2023
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,218 | $2,395 | −$177 (-7.4%) |
| Studio | $2,218 | $2,395 | −$177 (-7.4%) |
| 1BR | $2,400 | $2,400 | $0 (0.0%) |
| 1BR | $2,400 | $2,400 | $0 (0.0%) |
| 2BR | $2,700 | $2,798 | −$97 (-3.5%) |
| 2BR | $2,500 | $2,798 | −$297 (-10.6%) |
| 3BR | $4,495 | $3,300 | +$1,195 (+36.2%) |
| 3BR | $4,495 | $3,300 | +$1,195 (+36.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.