Monthly Rent Report
Sunset Park Rent Report — October 2024
Asking rents in ZIP 11232, New York City, from 14 listings.
Median 1BR rent in Sunset Park was $1,450 in October 2024, down 51.7% (−$1,549) from September 2024 and down 41.9% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,450. That puts Sunset Park $856 below the New York City citywide 1BR median of $2,306. The month's figures are based on 14 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,492 | +$142 (+6.0%) | −$33 (-1.3%) | $1,768 – $3,345 | 4 |
| 1BR | $1,450 | −$1,549 (-51.7%) | −$1,045 (-41.9%) | $1,450 – $1,450 | 1 |
| 2BR | $2,650 | +$250 (+10.4%) | +$150 (+6.0%) | $2,450 – $2,745 | 7 |
| 3BR | $3,400 | −$349 (-9.3%) | −$2,500 (-42.4%) | $3,400 – $3,400 | 1 |
| 4BR | $7,000 | — | +$3,500 (+100.0%) | $7,000 – $7,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — October 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,492 | $2,550 | −$58 (-2.3%) |
| 1BR | $1,450 | $2,306 | −$856 (-37.1%) |
| 2BR | $2,650 | $2,914 | −$263 (-9.0%) |
| 3BR | $3,400 | $3,519 | −$119 (-3.4%) |
| 4BR | $7,000 | $4,100 | +$2,900 (+70.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.