Monthly Rent Report
Sunset Park Rent Report — December 2024
Asking rents in ZIP 11232, New York City, from 33 listings.
Median 1BR rent in Sunset Park was $3,250 in December 2024, up 25.0% (+$650) from November 2024 and up 44.4% year-over-year. The middle half of 1BR listings asked between $3,000 and $3,522. That puts Sunset Park $771 above the New York City citywide 1BR median of $2,480. The month's figures are based on 33 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,250 | −$225 (-9.1%) | −$800 (-26.2%) | $2,175 – $2,325 | 2 |
| Studio | $2,250 | −$225 (-9.1%) | −$800 (-26.2%) | $2,175 – $2,325 | 2 |
| 1BR | $3,250 | +$650 (+25.0%) | +$1,000 (+44.4%) | $3,000 – $3,522 | 22 |
| 2BR | $2,818 | −$152 (-5.1%) | −$170 (-5.7%) | $2,818 – $2,818 | 1 |
| 2BR | $2,818 | −$152 (-5.1%) | −$170 (-5.7%) | $2,818 – $2,818 | 1 |
| 3BR | $3,495 | +$245 (+7.5%) | −$5 (-0.1%) | $3,495 – $4,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — December 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,250 | $2,525 | −$275 (-10.9%) |
| Studio | $2,250 | $2,525 | −$275 (-10.9%) |
| 1BR | $3,250 | $2,480 | +$771 (+31.1%) |
| 2BR | $2,818 | $2,975 | −$157 (-5.3%) |
| 2BR | $2,818 | $2,975 | −$157 (-5.3%) |
| 3BR | $3,495 | $3,546 | −$50 (-1.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.