Monthly Rent Report
Sunset Park Rent Report — June 2024
Asking rents in ZIP 11232, New York City, from 173 listings.
Median 1BR rent in Sunset Park was $2,850 in June 2024, down 10.9% (−$350) from May 2024 and up 35.7% year-over-year. The middle half of 1BR listings asked between $2,300 and $3,800. That puts Sunset Park $400 above the New York City citywide 1BR median of $2,450. The month's figures are based on 173 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,150 | +$694 (+28.3%) | — | $3,150 – $3,275 | 3 |
| Studio | $3,050 | +$594 (+24.2%) | — | $2,838 – $3,086 | 4 |
| 1BR | $2,850 | −$350 (-10.9%) | +$750 (+35.7%) | $2,300 – $3,800 | 38 |
| 1BR | $2,100 | −$1,100 (-34.4%) | $0 (0.0%) | $2,100 – $2,350 | 3 |
| 2BR | $3,200 | +$150 (+4.9%) | +$200 (+6.7%) | $2,875 – $3,348 | 3 |
| 2BR | $3,000 | −$50 (-1.6%) | $0 (0.0%) | $2,700 – $3,995 | 71 |
| 3BR | $4,149 | +$252 (+6.5%) | +$649 (+18.5%) | $3,700 – $5,000 | 25 |
| 3BR | $4,074 | +$177 (+4.5%) | +$574 (+16.4%) | $3,699 – $4,999 | 24 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — June 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,150 | $2,440 | +$710 (+29.1%) |
| Studio | $3,050 | $2,440 | +$610 (+25.0%) |
| 1BR | $2,850 | $2,450 | +$400 (+16.3%) |
| 1BR | $2,100 | $2,450 | −$350 (-14.3%) |
| 2BR | $3,200 | $2,900 | +$300 (+10.3%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 3BR | $4,149 | $3,600 | +$549 (+15.3%) |
| 3BR | $4,074 | $3,600 | +$474 (+13.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.