Monthly Rent Report
Williamsburg Rent Report — August 2024
Asking rents in ZIP 11249, New York City, from 25 listings.
Median 1BR rent in Williamsburg was $5,769 in August 2024, up 23.5% (+$1,096) from July 2024 and up 37.4% year-over-year. The middle half of 1BR listings asked between $5,185 and $6,353. That puts Williamsburg $3,379 above the New York City citywide 1BR median of $2,390. The month's figures are based on 25 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,254 | +$354 (+9.1%) | −$246 (-5.5%) | $4,010 – $4,499 | 2 |
| 1BR | $5,769 | +$1,096 (+23.5%) | +$1,569 (+37.4%) | $5,185 – $6,353 | 4 |
| 1BR | $1,850 | −$2,823 (-60.4%) | −$2,350 (-56.0%) | $1,850 – $1,850 | 3 |
| 2BR | $7,690 | +$940 (+13.9%) | +$1,715 (+28.7%) | $7,690 – $7,690 | 1 |
| 3BR | $14,500 | +$5,222 (+56.3%) | +$8,325 (+134.8%) | $14,500 – $14,500 | 1 |
| 3BR | $10,110 | +$832 (+9.0%) | +$3,935 (+63.7%) | $9,668 – $10,553 | 2 |
| 4BR | $13,500 | +$1,500 (+12.5%) | +$3,005 (+28.6%) | $10,750 – $13,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Williamsburg vs. New York City — August 2024
| Bedrooms | Williamsburg Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,254 | $2,500 | +$1,754 (+70.2%) |
| 1BR | $5,769 | $2,390 | +$3,379 (+141.4%) |
| 1BR | $1,850 | $2,390 | −$540 (-22.6%) |
| 2BR | $7,690 | $2,900 | +$4,790 (+165.2%) |
| 3BR | $14,500 | $3,603 | +$10,897 (+302.4%) |
| 3BR | $10,110 | $3,603 | +$6,507 (+180.6%) |
| 4BR | $13,500 | $4,225 | +$9,275 (+219.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.