Monthly Rent Report
Sunset Park Rent Report — January 2024
Asking rents in ZIP 11232, New York City, from 61 listings.
Median 1BR rent in Sunset Park was $2,500 in January 2024, up 11.1% (+$250) from December 2023 and up 51.5% year-over-year. The middle half of 1BR listings asked between $2,175 and $3,200. That puts Sunset Park $150 above the New York City citywide 1BR median of $2,350. The month's figures are based on 61 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,050 | $0 (0.0%) | +$743 (+32.2%) | $3,050 – $3,050 | 1 |
| Studio | $3,050 | $0 (0.0%) | +$743 (+32.2%) | $3,050 – $3,050 | 1 |
| 1BR | $2,500 | +$250 (+11.1%) | +$850 (+51.5%) | $2,175 – $3,200 | 15 |
| 1BR | $2,500 | +$250 (+11.1%) | +$850 (+51.5%) | $2,175 – $3,200 | 15 |
| 2BR | $4,050 | +$1,062 (+35.5%) | +$50 (+1.3%) | $4,025 – $4,075 | 2 |
| 2BR | $4,000 | +$1,012 (+33.9%) | $0 (0.0%) | $3,650 – $4,763 | 21 |
| 3BR | $3,000 | −$500 (-14.3%) | −$575 (-16.1%) | $3,000 – $3,550 | 3 |
| 3BR | $3,000 | −$500 (-14.3%) | −$575 (-16.1%) | $3,000 – $3,550 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — January 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,050 | $2,338 | +$713 (+30.5%) |
| Studio | $3,050 | $2,338 | +$713 (+30.5%) |
| 1BR | $2,500 | $2,350 | +$150 (+6.4%) |
| 1BR | $2,500 | $2,350 | +$150 (+6.4%) |
| 2BR | $4,050 | $2,885 | +$1,165 (+40.4%) |
| 2BR | $4,000 | $2,885 | +$1,115 (+38.6%) |
| 3BR | $3,000 | $3,443 | −$443 (-12.9%) |
| 3BR | $3,000 | $3,443 | −$443 (-12.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.