Monthly Rent Report
Williamsburg Rent Report — May 2024
Asking rents in ZIP 11206, New York City, from 563 listings.
Median 1BR rent in Williamsburg was $2,995 in May 2024, down 10.6% (−$355) from April 2024 and down 7.8% year-over-year. The middle half of 1BR listings asked between $2,995 and $2,995. That puts Williamsburg $570 above the New York City citywide 1BR median of $2,425. The month's figures are based on 563 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,823 | +$68 (+2.5%) | +$465 (+19.7%) | $2,387 – $3,451 | 48 |
| Studio | $2,400 | −$355 (-12.9%) | +$42 (+1.8%) | $2,400 – $2,400 | 2 |
| 1BR | $2,995 | −$355 (-10.6%) | −$253 (-7.8%) | $2,995 – $2,995 | 3 |
| 1BR | $3,250 | −$100 (-3.0%) | +$2 (+0.1%) | $2,785 – $3,829 | 119 |
| 2BR | $2,750 | −$1,195 (-30.3%) | −$1,650 (-37.5%) | $2,750 – $2,750 | 1 |
| 2BR | $3,795 | −$150 (-3.8%) | −$605 (-13.8%) | $3,200 – $4,300 | 203 |
| 3BR | $3,299 | −$700 (-17.5%) | −$1,451 (-30.5%) | $3,299 – $3,299 | 1 |
| 3BR | $4,457 | +$458 (+11.5%) | −$293 (-6.2%) | $3,638 – $5,000 | 132 |
| 4BR | $6,998 | +$2,698 (+62.7%) | +$2,623 (+59.9%) | $6,099 – $7,646 | 4 |
| 4BR | $4,650 | +$350 (+8.1%) | +$275 (+6.3%) | $3,998 – $6,559 | 36 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Williamsburg vs. New York City — May 2024
| Bedrooms | Williamsburg Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,823 | $2,350 | +$473 (+20.1%) |
| Studio | $2,400 | $2,350 | +$50 (+2.1%) |
| 1BR | $2,995 | $2,425 | +$570 (+23.5%) |
| 1BR | $3,250 | $2,425 | +$825 (+34.0%) |
| 2BR | $2,750 | $2,914 | −$163 (-5.6%) |
| 2BR | $3,795 | $2,914 | +$882 (+30.3%) |
| 3BR | $3,299 | $3,600 | −$301 (-8.4%) |
| 3BR | $4,457 | $3,600 | +$857 (+23.8%) |
| 4BR | $6,998 | $4,250 | +$2,748 (+64.6%) |
| 4BR | $4,650 | $4,250 | +$400 (+9.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.