Monthly Rent Report
Sunset Park Rent Report — February 2024
Asking rents in ZIP 11232, New York City, from 101 listings.
Median 1BR rent in Sunset Park was $2,500 in February 2024, flat versus January 2024 and up 74.0% year-over-year. The middle half of 1BR listings asked between $2,263 and $3,100. That puts Sunset Park $50 above the New York City citywide 1BR median of $2,450. The month's figures are based on 101 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,050 | $0 (0.0%) | +$1,650 (+117.9%) | $3,050 – $3,050 | 1 |
| Studio | $3,050 | $0 (0.0%) | +$1,650 (+117.9%) | $3,050 – $3,050 | 3 |
| 1BR | $2,500 | $0 (0.0%) | +$1,063 (+74.0%) | $2,263 – $3,100 | 26 |
| 1BR | $2,400 | −$100 (-4.0%) | +$963 (+67.0%) | $2,400 – $2,400 | 1 |
| 2BR | $5,600 | +$1,600 (+40.0%) | +$2,305 (+70.0%) | $3,825 – $5,750 | 5 |
| 2BR | $3,088 | −$912 (-22.8%) | −$207 (-6.3%) | $2,700 – $3,825 | 44 |
| 3BR | $2,690 | −$310 (-10.3%) | −$532 (-16.5%) | $2,690 – $2,690 | 1 |
| 3BR | $3,000 | $0 (0.0%) | −$222 (-6.9%) | $2,769 – $3,696 | 20 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — February 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,050 | $2,359 | +$691 (+29.3%) |
| Studio | $3,050 | $2,359 | +$691 (+29.3%) |
| 1BR | $2,500 | $2,450 | +$50 (+2.0%) |
| 1BR | $2,400 | $2,450 | −$50 (-2.0%) |
| 2BR | $5,600 | $2,979 | +$2,621 (+88.0%) |
| 2BR | $3,088 | $2,979 | +$109 (+3.7%) |
| 3BR | $2,690 | $3,500 | −$810 (-23.1%) |
| 3BR | $3,000 | $3,500 | −$500 (-14.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.