Monthly Rent Report
Sunset Park Rent Report — March 2024
Asking rents in ZIP 11232, New York City, from 67 listings.
Median 1BR rent in Sunset Park was $2,600 in March 2024, up 4.0% (+$100) from February 2024 and up 65.1% year-over-year. The middle half of 1BR listings asked between $2,400 and $2,800. That puts Sunset Park $101 above the New York City citywide 1BR median of $2,499. The month's figures are based on 67 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,050 | $0 (0.0%) | — | $3,050 – $3,050 | 1 |
| 1BR | $2,600 | +$100 (+4.0%) | +$1,025 (+65.1%) | $2,400 – $2,800 | 13 |
| 1BR | $2,400 | −$100 (-4.0%) | +$825 (+52.4%) | $2,400 – $2,400 | 1 |
| 2BR | $2,750 | −$338 (-10.9%) | +$150 (+5.8%) | $2,500 – $2,900 | 13 |
| 2BR | $2,800 | −$288 (-9.3%) | +$200 (+7.7%) | $2,690 – $3,550 | 25 |
| 3BR | $2,800 | +$110 (+4.1%) | −$195 (-6.5%) | $2,650 – $2,999 | 7 |
| 3BR | $2,900 | +$210 (+7.8%) | −$95 (-3.2%) | $2,763 – $2,999 | 4 |
| 4BR | $4,200 | — | +$205 (+5.1%) | $4,200 – $4,200 | 2 |
| 4BR | $4,200 | — | +$205 (+5.1%) | $4,200 – $4,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — March 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,050 | $2,450 | +$600 (+24.5%) |
| 1BR | $2,600 | $2,499 | +$101 (+4.0%) |
| 1BR | $2,400 | $2,499 | −$99 (-4.0%) |
| 2BR | $2,750 | $2,995 | −$244 (-8.2%) |
| 2BR | $2,800 | $2,995 | −$194 (-6.5%) |
| 3BR | $2,800 | $3,500 | −$700 (-20.0%) |
| 3BR | $2,900 | $3,500 | −$600 (-17.2%) |
| 4BR | $4,200 | $4,250 | −$49 (-1.2%) |
| 4BR | $4,200 | $4,250 | −$49 (-1.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.