Monthly Rent Report
Sunset Park Rent Report — November 2024
Asking rents in ZIP 11232, New York City, from 19 listings.
Median 1BR rent in Sunset Park was $2,600 in November 2024, up 79.3% (+$1,150) from October 2024 and up 8.3% year-over-year. The middle half of 1BR listings asked between $2,400 and $2,944. That puts Sunset Park $150 above the New York City citywide 1BR median of $2,450. The month's figures are based on 19 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,475 | −$16 (-0.7%) | +$258 (+11.6%) | $1,800 – $2,550 | 6 |
| 1BR | $2,600 | +$1,150 (+79.3%) | +$200 (+8.3%) | $2,400 – $2,944 | 4 |
| 2BR | $2,970 | +$320 (+12.1%) | +$470 (+18.8%) | $2,630 – $3,310 | 2 |
| 2BR | $2,970 | +$320 (+12.1%) | +$470 (+18.8%) | $2,290 – $3,650 | 6 |
| 3BR | $3,250 | −$150 (-4.4%) | −$1,245 (-27.7%) | $3,250 – $3,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — November 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,475 | $2,383 | +$92 (+3.9%) |
| 1BR | $2,600 | $2,450 | +$150 (+6.1%) |
| 2BR | $2,970 | $2,950 | +$20 (+0.7%) |
| 2BR | $2,970 | $2,950 | +$20 (+0.7%) |
| 3BR | $3,250 | $3,600 | −$350 (-9.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.