Monthly Rent Report
Williamsburg Rent Report — May 2023
Asking rents in ZIP 11211, New York City, from 417 listings.
Median 1BR rent in Williamsburg was $4,500 in May 2023, up 23.3% (+$850) from April 2023 and down 5.7% year-over-year. The middle half of 1BR listings asked between $3,800 and $4,803. That puts Williamsburg $2,023 above the New York City citywide 1BR median of $2,477. The month's figures are based on 417 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,750 | +$296 (+8.6%) | −$446 (-10.6%) | $3,750 – $3,750 | 1 |
| Studio | $3,626 | +$172 (+5.0%) | −$570 (-13.6%) | $3,400 – $3,750 | 29 |
| 1BR | $4,500 | +$850 (+23.3%) | −$272 (-5.7%) | $3,800 – $4,803 | 119 |
| 1BR | $4,492 | +$842 (+23.1%) | −$280 (-5.9%) | $4,174 – $4,910 | 4 |
| 2BR | $6,725 | +$1,975 (+41.6%) | +$3,725 (+124.2%) | $5,338 – $8,113 | 2 |
| 2BR | $4,699 | −$51 (-1.1%) | +$1,699 (+56.6%) | $3,963 – $5,500 | 142 |
| 3BR | $5,200 | −$50 (-1.0%) | −$2,299 (-30.7%) | $4,495 – $6,800 | 75 |
| 3BR | $5,999 | +$749 (+14.3%) | −$1,500 (-20.0%) | $4,800 – $6,200 | 25 |
| 4BR | $9,250 | +$1,250 (+15.6%) | +$1,300 (+16.4%) | $8,375 – $10,125 | 2 |
| 4BR | $8,150 | +$150 (+1.9%) | +$200 (+2.5%) | $5,875 – $10,246 | 12 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Williamsburg vs. New York City — May 2023
| Bedrooms | Williamsburg Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,750 | $2,450 | +$1,300 (+53.1%) |
| Studio | $3,626 | $2,450 | +$1,176 (+48.0%) |
| 1BR | $4,500 | $2,477 | +$2,023 (+81.7%) |
| 1BR | $4,492 | $2,477 | +$2,014 (+81.3%) |
| 2BR | $6,725 | $2,800 | +$3,925 (+140.2%) |
| 2BR | $4,699 | $2,800 | +$1,899 (+67.8%) |
| 3BR | $5,200 | $3,225 | +$1,975 (+61.2%) |
| 3BR | $5,999 | $3,225 | +$2,774 (+86.0%) |
| 4BR | $9,250 | $4,000 | +$5,250 (+131.3%) |
| 4BR | $8,150 | $4,000 | +$4,150 (+103.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.