Monthly Rent Report
Sunset Park Rent Report — December 2023
Asking rents in ZIP 11232, New York City, from 42 listings.
Median 1BR rent in Sunset Park was $2,250 in December 2023, down 6.3% (−$150) from November 2023 and up 25.0% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,250. That puts Sunset Park $150 below the New York City citywide 1BR median of $2,400. The month's figures are based on 42 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,050 | +$833 (+37.5%) | +$1,425 (+87.7%) | $3,050 – $3,050 | 3 |
| Studio | $3,050 | +$833 (+37.5%) | +$1,425 (+87.7%) | $3,050 – $3,050 | 2 |
| 1BR | $2,250 | −$150 (-6.3%) | +$450 (+25.0%) | $2,250 – $2,250 | 3 |
| 1BR | $2,250 | −$150 (-6.3%) | +$450 (+25.0%) | $2,250 – $2,250 | 3 |
| 2BR | $2,988 | +$288 (+10.7%) | −$112 (-3.6%) | $2,500 – $3,088 | 9 |
| 2BR | $2,988 | +$288 (+10.7%) | −$112 (-3.6%) | $2,988 – $2,988 | 2 |
| 3BR | $3,500 | −$995 (-22.1%) | $0 (0.0%) | $3,500 – $3,500 | 1 |
| 3BR | $4,200 | −$295 (-6.6%) | +$700 (+20.0%) | $3,650 – $5,900 | 17 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — December 2023
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,050 | $2,362 | +$688 (+29.2%) |
| Studio | $3,050 | $2,362 | +$688 (+29.2%) |
| 1BR | $2,250 | $2,400 | −$150 (-6.3%) |
| 1BR | $2,250 | $2,400 | −$150 (-6.3%) |
| 2BR | $2,988 | $2,900 | +$88 (+3.0%) |
| 2BR | $2,988 | $2,900 | +$88 (+3.0%) |
| 3BR | $3,500 | $3,500 | $0 (0.0%) |
| 3BR | $4,200 | $3,500 | +$700 (+20.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.