ZIP Code · NY

ZIP 11203

Part of New York, NY

Pop. 74,817·Kings County·155th most expensive ZIP in New York

Median rent (all units)

$2,825/mo

Year-over-Year

+2.3%

Month-over-Month

-1.2%

vs US Median

+$893

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 11203 · $2,825

More expensive than 87% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$2,350

1 BR

$2,460

2 BR

$2,700

3 BR

$3,380

4 BR+

$3,670

Research median

$2,700/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 11203 usually run 1.6% below trend in January and 1.6% above it in October, about $90 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 11203 is 1.2% below its high of $2,859 in August 2026, at $2,825 as of September 2026.

Past year vs. the rest of New York

Rent in ZIP 11203 changed +2.3% over the year to September 2026. Across the 251 New York ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($67,897) is $1,697 a month. That is less than HUD's Fair Market Rent for a studio ($2,350).

Rank in New York

43rd cheapest of 145 ZIP codes in New York.

Cheaper nearby

ZIP 11223, 4 miles away, rents for 11% less ($2,525/mo), about $3,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 11203. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$33,900/yr

At $2,825/mo median

Location

CityNew York

StateNY

CountyKings County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+2.3% YoY, -1.2% MoM), not inventory.

Demographics

Who lives here

ZIP 11203 (New York, NY) is majority renter-occupied, has a large retiree population, 27.7% of residents hold a bachelor's degree or higher.

Population

74,817

Median income

$67,897

Median age

43.5

Renters

60.4%

Age distribution

18.8%

19.8%

25.5%

14%

21.9%

Under 1818.8%

18–3419.8%

35–5425.5%

55–6414%

65+21.9%

Gender

45.5%

54.5%

Male45.5%

Female54.5%

Race & ethnicity

76.6%

White6.1%

Black76.6%

Hispanic7.3%

Asian2.2%

Other7.8%

Education (25+)

12.2%

34.6%

25.4%

27.7%

No HS diploma12.2%

HS diploma34.6%

Some college25.4%

Bachelor's+27.7%

Housing tenure

39.6%

60.4%

Owner39.6%

Renter60.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 11203 in New York, NY has changed in 5 years

Rent

$2,095 → $2,825

up 34.8%

Income

$61,414 → $67,897

up 10.6%

Population

79,499 → 74,817

down 5.9%

Renter share

59.9% → 60.4%

+0.5 pts

Bachelor's+

25.7% → 27.7%

+2.0 pts

Median age

41.1 → 43.5

+2.4 yrs

Rent in ZIP 11203 in New York, NY has climbed 34.8% since 2021, going from about $2,095 per month to roughly $2,825 today. Local incomes tracked alongside that move, going from a median of $61,414 in 2021 to $67,897 more recently. Rent outpaced income growth by roughly 24.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 79,499 to 74,817 between 2021 and 2024, a 5.9% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 25.7% to 27.7%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 11203 in New York, NY market of 2021.

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About renting in ZIP 11203

Last updated: October 17, 2026

ZIP code 11203 covers New York, NY. The median rent here is $2,825/mo as of October 2026. A 1-bedroom rents for a median of $2,460/mo. A 2-bedroom rents for a median of $2,700/mo.

At 50% of local median household income ($67,897/yr), ZIP 11203 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 11203?

To keep rent at or below 30% of gross income, you would need to earn at least $113,000/year (about $54/hour full-time) to afford the median rent of $2,825/mo in ZIP 11203. The local median household income is $67,897/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 11203?

Rent in ZIP 11203 has risen 2.3% over the past year as of September 2026. It sits 1.2% below its high of $2,859 in August 2026.

When is the cheapest time to rent in ZIP 11203?

Asking rents in ZIP 11203 are usually lowest in January, about 1.6% below their yearly trend, and highest in October, about 1.6% above it. At today's median that is a gap of roughly $90 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 11203 compare to other ZIPs in New York?

ZIP 11203 is in the middle among New York ZIP codes for rent, ranking #155 of 334 at $2,825/mo. Over the year to September 2026, rent in ZIP 11203 changed +2.3%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.