Monthly Rent Report

Williamsburg Rent Report — August 2023

Asking rents in ZIP 11211, New York City, from 67 listings.

Median 1BR rent in Williamsburg was $3,495 in August 2023, up 52.0% (+$1,195) from July 2023 and down 22.2% year-over-year. The middle half of 1BR listings asked between $3,175 and $3,838. That puts Williamsburg $1,145 above the New York City citywide 1BR median of $2,350. The month's figures are based on 67 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2023Vs. August 2022P25–P75 RangeListings
Studio$3,100−$198 (-6.0%)−$522 (-14.4%)$2,600 – $3,1505
Studio$2,499−$799 (-24.2%)−$1,123 (-31.0%)$2,499 – $2,4991
1BR$3,495+$1,195 (+52.0%)−$1,000 (-22.2%)$3,175 – $3,83811
1BR$4,941+$2,641 (+114.8%)+$446 (+9.9%)$4,941 – $4,9411
2BR$5,600−$475 (-7.8%)+$2,100 (+60.0%)$3,794 – $6,4098
2BR$3,900−$2,175 (-35.8%)+$400 (+11.4%)$3,450 – $4,40015
3BR$4,812−$438 (-8.3%)+$512 (+11.9%)$4,812 – $4,8121
3BR$4,575−$675 (-12.9%)+$275 (+6.4%)$4,100 – $5,45612
4BR$4,000−$4,497 (-52.9%)−$2,000 (-33.3%)$4,000 – $4,0002
4BR$6,400−$2,097 (-24.7%)+$400 (+6.7%)$4,750 – $9,7504

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 CityAugust 2023

BedroomsWilliamsburg MedianNYC Citywide MedianDifference
Studio$3,100$2,490+$610 (+24.5%)
Studio$2,499$2,490+$9 (+0.4%)
1BR$3,495$2,350+$1,145 (+48.7%)
1BR$4,941$2,350+$2,591 (+110.3%)
2BR$5,600$2,859+$2,741 (+95.9%)
2BR$3,900$2,859+$1,041 (+36.4%)
3BR$4,812$3,413+$1,400 (+41.0%)
3BR$4,575$3,413+$1,163 (+34.1%)
4BR$4,000$4,200−$200 (-4.8%)
4BR$6,400$4,200+$2,200 (+52.4%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.

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