Monthly Rent Report
Sunset Park Rent Report — August 2024
Asking rents in ZIP 11232, New York City, from 16 listings.
Median 1BR rent in Sunset Park was $2,600 in August 2024, up 4.0% (+$100) from July 2024 and up 8.3% year-over-year. The middle half of 1BR listings asked between $2,500 and $3,000. That puts Sunset Park $210 above the New York City citywide 1BR median of $2,390. The month's figures are based on 16 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,400 | −$650 (-21.3%) | −$350 (-12.7%) | $2,400 – $2,400 | 1 |
| 1BR | $2,600 | +$100 (+4.0%) | +$200 (+8.3%) | $2,500 – $3,000 | 9 |
| 1BR | $2,300 | −$200 (-8.0%) | −$100 (-4.2%) | $2,300 – $2,300 | 1 |
| 2BR | $2,905 | −$1,415 (-32.8%) | +$55 (+1.9%) | $2,558 – $3,253 | 2 |
| 3BR | $3,499 | −$301 (-7.9%) | +$499 (+16.6%) | $3,499 – $3,499 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — August 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,400 | $2,500 | −$100 (-4.0%) |
| 1BR | $2,600 | $2,390 | +$210 (+8.8%) |
| 1BR | $2,300 | $2,390 | −$90 (-3.8%) |
| 2BR | $2,905 | $2,900 | +$5 (+0.2%) |
| 3BR | $3,499 | $3,603 | −$104 (-2.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.