Monthly Rent Report
Sunset Park Rent Report — April 2024
Asking rents in ZIP 11232, New York City, from 148 listings.
Median 1BR rent in Sunset Park was $2,500 in April 2024, down 3.8% (−$100) from March 2024 and up 11.1% year-over-year. The middle half of 1BR listings asked between $2,290 and $3,000. That puts Sunset Park in line with the New York City citywide 1BR median of $2,500. The month's figures are based on 148 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | −$850 (-27.9%) | −$500 (-18.5%) | $2,200 – $2,625 | 3 |
| Studio | $2,200 | −$850 (-27.9%) | −$500 (-18.5%) | $2,000 – $3,050 | 8 |
| 1BR | $2,500 | −$100 (-3.8%) | +$250 (+11.1%) | $2,290 – $3,000 | 33 |
| 1BR | $2,499 | −$101 (-3.9%) | +$249 (+11.1%) | $2,200 – $3,142 | 15 |
| 2BR | $3,399 | +$599 (+21.4%) | +$299 (+9.6%) | $2,900 – $4,000 | 33 |
| 2BR | $3,399 | +$599 (+21.4%) | +$299 (+9.6%) | $2,695 – $4,025 | 19 |
| 3BR | $2,999 | +$199 (+7.1%) | −$1 (-0.0%) | $2,911 – $3,249 | 12 |
| 3BR | $2,999 | +$199 (+7.1%) | −$1 (-0.0%) | $2,998 – $3,900 | 23 |
| 4BR | $4,000 | −$200 (-4.8%) | +$400 (+11.1%) | $4,000 – $4,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — April 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $2,491 | −$291 (-11.7%) |
| Studio | $2,200 | $2,491 | −$291 (-11.7%) |
| 1BR | $2,500 | $2,500 | $0 (0.0%) |
| 1BR | $2,499 | $2,500 | −$1 (-0.0%) |
| 2BR | $3,399 | $2,995 | +$404 (+13.5%) |
| 2BR | $3,399 | $2,995 | +$404 (+13.5%) |
| 3BR | $2,999 | $3,500 | −$501 (-14.3%) |
| 3BR | $2,999 | $3,500 | −$501 (-14.3%) |
| 4BR | $4,000 | $4,270 | −$270 (-6.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.