Monthly Rent Report
Williamsburg Rent Report — August 2023
Asking rents in ZIP 11249, New York City, from 38 listings.
Median 1BR rent in Williamsburg was $4,625 in August 2023, down 1.1% (−$50) from July 2023 and down 11.9% year-over-year. The middle half of 1BR listings asked between $4,610 and $4,841. That puts Williamsburg $2,275 above the New York City citywide 1BR median of $2,350. The month's figures are based on 38 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,495 | −$869 (-19.9%) | −$470 (-11.9%) | $3,495 – $3,495 | 1 |
| Studio | $4,500 | +$136 (+3.1%) | +$535 (+13.5%) | $4,500 – $4,500 | 1 |
| 1BR | $4,625 | −$50 (-1.1%) | −$625 (-11.9%) | $4,610 – $4,841 | 3 |
| 1BR | $4,200 | −$475 (-10.2%) | −$1,050 (-20.0%) | $3,991 – $4,850 | 3 |
| 2BR | $7,075 | +$150 (+2.2%) | +$919 (+14.9%) | $6,538 – $7,613 | 2 |
| 2BR | $5,975 | −$950 (-13.7%) | −$181 (-2.9%) | $3,761 – $7,963 | 4 |
| 3BR | $6,000 | −$5,000 (-45.5%) | −$3,795 (-38.7%) | $6,000 – $6,000 | 1 |
| 3BR | $6,175 | −$4,825 (-43.9%) | −$3,620 (-37.0%) | $5,025 – $7,148 | 4 |
| 4BR | $13,995 | −$3,005 (-17.7%) | +$6,195 (+79.4%) | $6,946 – $17,250 | 8 |
| 4BR | $10,495 | −$6,505 (-38.3%) | +$2,695 (+34.6%) | $6,995 – $16,249 | 6 |
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 | $3,495 | $2,490 | +$1,005 (+40.4%) |
| Studio | $4,500 | $2,490 | +$2,010 (+80.7%) |
| 1BR | $4,625 | $2,350 | +$2,275 (+96.8%) |
| 1BR | $4,200 | $2,350 | +$1,850 (+78.7%) |
| 2BR | $7,075 | $2,859 | +$4,216 (+147.5%) |
| 2BR | $5,975 | $2,859 | +$3,116 (+109.0%) |
| 3BR | $6,000 | $3,413 | +$2,588 (+75.8%) |
| 3BR | $6,175 | $3,413 | +$2,763 (+81.0%) |
| 4BR | $13,995 | $4,200 | +$9,795 (+233.2%) |
| 4BR | $10,495 | $4,200 | +$6,295 (+149.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.