Monthly Rent Report
Williamsburg Rent Report — May 2024
Asking rents in ZIP 11249, New York City, from 324 listings.
Median 1BR rent in Williamsburg was $5,977 in May 2024, up 0.3% (+$17) from April 2024 and up 35.3% year-over-year. The middle half of 1BR listings asked between $5,771 and $6,082. That puts Williamsburg $3,552 above the New York City citywide 1BR median of $2,425. The month's figures are based on 324 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,212 | −$29 (-0.7%) | +$237 (+6.0%) | $4,212 – $4,212 | 1 |
| Studio | $3,900 | −$341 (-8.0%) | −$75 (-1.9%) | $3,800 – $4,068 | 72 |
| 1BR | $5,977 | +$17 (+0.3%) | +$1,559 (+35.3%) | $5,771 – $6,082 | 7 |
| 1BR | $4,455 | −$1,505 (-25.3%) | +$37 (+0.8%) | $4,000 – $4,950 | 107 |
| 2BR | $8,016 | +$174 (+2.2%) | +$1,245 (+18.4%) | $7,993 – $8,039 | 2 |
| 2BR | $6,400 | −$1,442 (-18.4%) | −$371 (-5.5%) | $4,500 – $7,519 | 92 |
| 3BR | $8,000 | −$1,000 (-11.1%) | +$1,003 (+14.3%) | $5,999 – $12,999 | 33 |
| 3BR | $8,500 | −$500 (-5.6%) | +$1,503 (+21.5%) | $7,850 – $11,000 | 3 |
| 4BR | $19,995 | +$11,520 (+135.9%) | +$11,595 (+138.0%) | $14,500 – $19,995 | 5 |
| 4BR | $19,995 | +$11,520 (+135.9%) | +$11,595 (+138.0%) | $19,995 – $19,995 | 2 |
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 | $4,212 | $2,350 | +$1,862 (+79.2%) |
| Studio | $3,900 | $2,350 | +$1,550 (+66.0%) |
| 1BR | $5,977 | $2,425 | +$3,552 (+146.5%) |
| 1BR | $4,455 | $2,425 | +$2,030 (+83.7%) |
| 2BR | $8,016 | $2,914 | +$5,103 (+175.1%) |
| 2BR | $6,400 | $2,914 | +$3,487 (+119.7%) |
| 3BR | $8,000 | $3,600 | +$4,400 (+122.2%) |
| 3BR | $8,500 | $3,600 | +$4,900 (+136.1%) |
| 4BR | $19,995 | $4,250 | +$15,745 (+370.5%) |
| 4BR | $19,995 | $4,250 | +$15,745 (+370.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.