Monthly Rent Report
Williamsburg Rent Report — May 2023
Asking rents in ZIP 11249, New York City, from 210 listings.
Median 1BR rent in Williamsburg was $4,750 in May 2023, down 3.1% (−$150) from April 2023 and up 1.5% year-over-year. The middle half of 1BR listings asked between $4,495 and $5,200. That puts Williamsburg $2,273 above the New York City citywide 1BR median of $2,477. The month's figures are based on 210 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,195 | +$95 (+2.3%) | +$176 (+4.4%) | $3,994 – $4,295 | 21 |
| Studio | $3,975 | −$125 (-3.0%) | −$44 (-1.1%) | $3,975 – $3,975 | 1 |
| 1BR | $4,750 | −$150 (-3.1%) | +$70 (+1.5%) | $4,495 – $5,200 | 66 |
| 1BR | $4,418 | −$482 (-9.8%) | −$263 (-5.6%) | $4,418 – $4,418 | 1 |
| 2BR | $6,715 | +$356 (+5.6%) | −$265 (-3.8%) | $5,250 – $7,350 | 70 |
| 2BR | $6,771 | +$412 (+6.5%) | −$209 (-3.0%) | $6,771 – $6,771 | 1 |
| 3BR | $6,998 | +$248 (+3.7%) | +$3,558 (+103.4%) | $6,150 – $12,146 | 42 |
| 3BR | $10,795 | +$4,045 (+59.9%) | +$7,355 (+213.8%) | $10,795 – $10,795 | 1 |
| 4BR | $8,000 | +$200 (+2.6%) | +$500 (+6.7%) | $8,000 – $8,000 | 1 |
| 4BR | $8,400 | +$600 (+7.7%) | +$900 (+12.0%) | $7,900 – $9,099 | 4 |
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 | $4,195 | $2,450 | +$1,745 (+71.2%) |
| Studio | $3,975 | $2,450 | +$1,525 (+62.2%) |
| 1BR | $4,750 | $2,477 | +$2,273 (+91.7%) |
| 1BR | $4,418 | $2,477 | +$1,941 (+78.3%) |
| 2BR | $6,715 | $2,800 | +$3,915 (+139.8%) |
| 2BR | $6,771 | $2,800 | +$3,971 (+141.8%) |
| 3BR | $6,998 | $3,225 | +$3,773 (+117.0%) |
| 3BR | $10,795 | $3,225 | +$7,570 (+234.7%) |
| 4BR | $8,000 | $4,000 | +$4,000 (+100.0%) |
| 4BR | $8,400 | $4,000 | +$4,400 (+110.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.