Average Rent in Sunset Park, New York, NY

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Current Versus Historical Sunset Park, New York, NY Rents

Sunset Park rentals average $5,750 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $5,450, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $6,773 (552.17%) year-over-year from $1,227 to $8,000. 1-bedroom rentals prices have increased by $218 (10.44%) year-over-year from $2,083 to $2,300. 2-bedroom rentals prices have decreased by $342 (-12.93%) year-over-year from $2,642 to $2,300. 3-bedroom rentals prices have decreased by $980 (-28.99%) year-over-year from $3,380 to $2,400. 4-bedroom rentals prices have decreased by $875 (-22.58%) year-over-year from $3,875 to $3,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 37.93% this month. 1-bedroom rents have gone down by 6.76% this month. 2-bedroom rents have gone down by 13.48% this month. 3-bedroom rents have gone down by 16.23% this month. 4-bedroom rents have gone down by 4.26% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.49 $8,000 $1,227 (552.17%) $3,417 (134.15%)
1 BR $2.45 $2,300 $2,083 (10.44%) $1,692 (35.97%)

Historical Rents in Sunset Park, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Sunset Park

There are a total of 33 cities nearby Sunset Park. The average rent in Sunset Park is currently $3,500 per month. A total of 27 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,925, is the most affordable city nearby. In contrast, the most expensive city near Sunset Park, New York, NY is Westport, CT. Monthly rents here are on average $16,000 per month.

Let's compare Sunset Park, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Sunset Park, New York, NY is 70.43% more expensive than other cities nearby. One bedrooms are about 2.81% more expensive. Two bedrooms in Sunset Park, New York, NY are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 10 cities out of 33 total cities near Sunset Park, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Elizabeth, NJ N/A $1,700 $2,000 $2,300
Newark, NJ $2,000 $1,900 $2,100 $2,300
East Orange, NJ $1,700 $1,900 $2,600 $2,300
Bayonne, NJ $2,275 $2,047 $2,500 $2,400
West New York, NJ $1,850 $2,575 $2,850 $2,733
Jersey City, NJ $2,826 $2,700 $2,650 $2,800
Union City, NJ $1,900 $2,300 $2,800 $2,800
Cliffside Park, NJ N/A $2,100 $3,375 $3,300
Hoboken, NJ $3,156 $3,200 $3,950 $3,600
New York, NY $3,500 $4,200 $5,165 $4,400

Top Neighborhoods Near Sunset Park

There are a total of 52 neighborhoods in or near Sunset Park. Some of these neighborhoods include Bergen - Lafayette, East Flatbush, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 52 total neighborhoods in or near Sunset Park, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Sunset Park, New York, NY is currently around $4,439 per month. A total of 44 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Sunset Park, East Side has the most affordable average rent at $1,900 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near Sunset Park. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bergen - Lafayette, Jersey City, NJ $1,824 $2,395 $2,700 $2,700
East Flatbush, New York, NY $3,050 $2,273 $2,875 $2,875
Bedford-Stuyvesant, New York, NY $2,350 $2,850 $3,200 $3,310
Flatbush, New York, NY $2,800 $3,064 $3,455 $3,325
Ridgewood, New York, NY N/A $2,696 $3,000 $3,350
Bushwick, New York, NY $2,650 $2,850 $3,481 $3,500
Crown Heights, New York, NY $2,800 $2,700 $3,717 $3,599
The Waterfront, Jersey City, NJ $3,026 $3,479 $5,004 $3,617
Clinton Hill, New York, NY $3,152 $3,600 $6,084 $3,945
Bowery, New York, NY $2,870 $3,995 $4,253 $3,995
Downtown Brooklyn, New York, NY $3,400 $4,255 $5,938 $4,260
Prospect Heights, New York, NY $3,625 $4,400 $5,966 $4,295
Financial District, New York, NY $3,525 $4,550 $6,495 $4,383
NoLita, New York, NY $3,595 $4,495 $5,050 $4,495
East Village, New York, NY $2,650 $3,695 $4,495 $4,595
Williamsburg, New York, NY $3,745 $4,503 $4,725 $4,750
West Village, New York, NY $4,500 $4,650 $6,595 $4,800
Greenwich Village, New York, NY $3,775 $4,800 $5,075 $4,800
Kips Bay, New York, NY $3,795 $4,080 $5,395 $4,995
Little Italy, New York, NY $3,900 $5,000 $5,500 $5,000
Flatiron District, New York, NY $4,050 $5,900 $8,642 $5,073
Chelsea, New York, NY $3,735 $5,477 $7,890 $5,099
Lower East Side, New York, NY $3,300 $3,495 $4,500 $5,126
Greenpoint, New York, NY $3,483 $4,350 $5,550 $5,200
Battery Park City, New York, NY $3,705 $4,539 $6,750 $5,302
NoMad, New York, NY $4,444 $5,591 $8,406 $5,662
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,093 $6,075 $5,714
Gramercy Park, New York, NY $3,815 $5,163 $5,314 $6,395
SoHo, New York, NY $4,550 $4,073 $13,500 $6,845
Tribeca, New York, NY $4,250 $5,848 $7,295 $6,895

Top Counties Near Sunset Park

There are a total of 52 counties located by Sunset Park, New York, NY. Some of these counties include Newark, NJ, Elizabeth, NJ, and Bayonne, NJ. The average rent for rentals in these counties is $3,613. That's roughly around $3 per sqft. A total of 38 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,925. Vice versa, with an average rent of $16,000, Westport, CT is the most expensive county by Sunset Park, New York, NY.

Typically, rent for studios in Sunset Park, New York, NY is 67.84% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Sunset Park, New York, NY is 5.52% more affordable than other counties nearby. Finally, rent for two bedrooms in Sunset Park, New York, NY is inf% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Newark, NJ $2,000 $1,900 $2,100 $2,300
Elizabeth, NJ N/A $1,700 $2,000 $2,300
Bayonne, NJ $2,275 $2,047 $2,500 $2,400
West New York, NJ $1,850 $2,575 $2,850 $2,733
Jersey City, NJ $2,826 $2,700 $2,650 $2,800
North Bergen, NJ $2,149 $2,100 $2,875 $2,800
Queens, New York, NY $3,083 $2,585 $3,200 $3,200
Hoboken, NJ $3,156 $3,200 $3,950 $3,600
Brooklyn, New York, NY $3,483 $3,937 $4,000 $3,925
Manhattan, New York, NY $3,550 $4,375 $5,650 $4,595

Top Zipcodes Near Sunset Park

There are a total of 50 zipcodes in or near Sunset Park, New York, NY. The average rent for all of these zipcodes is $4,495. A total of 42 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07756, Ocean Grove, NJ at $2,900 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 11770, Ocean Beach, NY.

Studios in these zipcodes have an average rent of $3,300. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Sunset Park, New York, NY is $4,038 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,398 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Sunset Park, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
11226, New York, NY $2,800 $3,200 $3,538 $3,333
10004, New York, NY $3,680 $4,431 $6,883 $4,225
11217, New York, NY $3,595 $4,428 $6,225 $4,345
11201, New York, NY $3,425 $4,255 $5,900 $4,395
11238, New York, NY $3,569 $4,043 $5,776 $3,988
10005, New York, NY $3,547 $4,574 $6,540 $4,334
11216, New York, NY $2,330 $2,935 $3,750 $3,667
10038, New York, NY $3,500 $4,555 $6,350 $4,500
10007, New York, NY $4,250 $6,495 $8,395 $6,925
10002, New York, NY $3,300 $3,695 $4,495 $4,750

Frequently Asked Questions - Sunset Park Average Rents

What is the average rent price in Sunset Park, New York, NY?
The average monthly rental price for Sunset Park, New York, NY apartments for rent is approximately $5,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Sunset Park, New York, NY rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Sunset Park, New York, NY.
How much is a studio apartment in Sunset Park, New York, NY?
The average monthly rental price for studio apartments is $5,750 and an average price per square feet of $3.49. There are a total of 30 studio apartment listings currently available for rent in Sunset Park.
How much is a one bedroom apartment in Sunset Park, New York, NY?
The average monthly rental price for one bedroom apartments is $2,400 and an average price per square feet of $2.45. There are a total of 3 one bedroom apartment listings currently available for rent in Sunset Park.
How much is a two bedroom apartment in Sunset Park, New York, NY?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in Sunset Park.
How have rent prices in Sunset Park, New York, NY changed this year?
Rent prices for rentals in Sunset Park, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 5.52%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by -0.13%, and three bedroom rental prices have changed by -0.29% year-over-year.
What is a reasonable rent price in Sunset Park, New York, NY?
A reasonable rent price in Sunset Park, New York, NY is around $4,360/month. You can search for these reasonably priced rental listings on RentHop.
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