Monthly Rent Report
Williamsburg Rent Report — August 2023
Asking rents in ZIP 11206, New York City, from 122 listings.
Median 1BR rent in Williamsburg was $2,850 in August 2023, down 8.6% (−$267) from July 2023 and down 24.0% year-over-year. The middle half of 1BR listings asked between $2,412 and $2,987. That puts Williamsburg $500 above the New York City citywide 1BR median of $2,350. The month's figures are based on 122 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | −$1,197 (-30.0%) | −$350 (-11.1%) | $2,600 – $3,323 | 31 |
| Studio | $2,800 | −$1,197 (-30.0%) | −$350 (-11.1%) | $2,743 – $3,495 | 25 |
| 1BR | $2,850 | −$267 (-8.6%) | −$900 (-24.0%) | $2,412 – $2,987 | 6 |
| 1BR | $2,499 | −$618 (-19.8%) | −$1,251 (-33.4%) | $2,499 – $2,499 | 1 |
| 2BR | $2,995 | −$1,255 (-29.5%) | −$704 (-19.0%) | $2,995 – $2,995 | 1 |
| 2BR | $3,550 | −$700 (-16.5%) | −$149 (-4.0%) | $3,000 – $4,006 | 24 |
| 3BR | $4,025 | +$25 (+0.6%) | −$700 (-14.8%) | $3,638 – $4,891 | 14 |
| 3BR | $3,673 | −$327 (-8.2%) | −$1,052 (-22.3%) | $3,634 – $3,711 | 2 |
| 4BR | $4,975 | −$275 (-5.2%) | −$24 (-0.5%) | $4,462 – $5,549 | 4 |
| 4BR | $4,031 | −$1,219 (-23.2%) | −$968 (-19.4%) | $4,031 – $4,031 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Williamsburg vs. New York City — August 2023
| Bedrooms | Williamsburg Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $2,490 | +$310 (+12.4%) |
| Studio | $2,800 | $2,490 | +$310 (+12.4%) |
| 1BR | $2,850 | $2,350 | +$500 (+21.3%) |
| 1BR | $2,499 | $2,350 | +$149 (+6.3%) |
| 2BR | $2,995 | $2,859 | +$136 (+4.8%) |
| 2BR | $3,550 | $2,859 | +$691 (+24.2%) |
| 3BR | $4,025 | $3,413 | +$612 (+17.9%) |
| 3BR | $3,673 | $3,413 | +$260 (+7.6%) |
| 4BR | $4,975 | $4,200 | +$775 (+18.5%) |
| 4BR | $4,031 | $4,200 | −$169 (-4.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.