ZIP Code · NY

ZIP 11232

Part of New York, NY

Pop. 27,816·Kings County·104th most expensive ZIP in New York

Median rent (all units)

$3,164/mo

Year-over-Year

+2.5%

Month-over-Month

+0.6%

vs US Median

+$1,232

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 11232 · $3,164

More expensive than 92% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$2,490

1 BR

$2,610

2 BR

$2,860

3 BR

$3,580

4 BR+

$3,890

Research median

$2,860/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 11232 usually run 2.3% below trend in January and 2.5% above it in August, about $152 a month apart at today's median. Based on 6 years of data.

Compared with the peak

Rent in ZIP 11232 is 1.8% below its high of $3,223 in February 2026, at $3,164 as of September 2026.

Past year vs. the rest of New York

Rent in ZIP 11232 changed +2.5% over the year to September 2026. Across the 251 New York ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($90,891) is $2,272 a month. That is less than HUD's Fair Market Rent for a studio ($2,490).

Rank in New York

77th cheapest of 145 ZIP codes in New York.

Cheaper nearby

ZIP 11204, 3 miles away, rents for 18% less ($2,592/mo), about $6,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 11232. 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

$37,968/yr

At $3,164/mo median

Location

CityNew York

StateNY

CountyKings County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.5% YoY, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 11232 (New York, NY) is majority renter-occupied, has a median income above the national average, 35.4% of residents hold a bachelor's degree or higher.

Population

27,816

Median income

$90,891

Median age

36.5

Renters

73.3%

Age distribution

19.7%

27.3%

32.3%

Under 1819.7%

18–3427.3%

35–5432.3%

55–6410.6%

65+10%

Gender

54.6%

45.4%

Male54.6%

Female45.4%

Race & ethnicity

30.9%

53%

13.7%

White30.9%

Black7.7%

Hispanic53%

Asian13.7%

Education (25+)

31.1%

19%

14.5%

35.4%

No HS diploma31.1%

HS diploma19%

Some college14.5%

Bachelor's+35.4%

Housing tenure

26.7%

73.3%

Owner26.7%

Renter73.3%

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

2021 vs 2026

How ZIP 11232 in New York, NY has changed in 5 years

Rent

$2,197 → $3,164

up 44.0%

Income

$77,031 → $90,891

up 18.0%

Population

28,501 → 27,816

down 2.4%

Renter share

75.3% → 73.3%

-2.0 pts

Bachelor's+

32.7% → 35.4%

+2.7 pts

Median age

34.9 → 36.5

+1.6 yrs

Rent in ZIP 11232 in New York, NY has climbed 44.0% since 2021, going from about $2,197 per month to roughly $3,164 today. Local incomes tracked alongside that move, going from a median of $77,031 in 2021 to $90,891 more recently. Rent outpaced income growth by roughly 26.0 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 28,501 to 27,816 between 2021 and 2024, a 2.4% change. About 73.3% of households rent today, against 75.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 32.7% to 35.4%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 11232 in New York, NY market of 2021.

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About renting in ZIP 11232

Last updated: October 17, 2026

ZIP code 11232 covers New York, NY. The median rent here is $3,164/mo as of October 2026. A 1-bedroom rents for a median of $2,610/mo. A 2-bedroom rents for a median of $2,860/mo.

At 42% of local median household income ($90,891/yr), ZIP 11232 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 11232?

To keep rent at or below 30% of gross income, you would need to earn at least $127,000/year (about $61/hour full-time) to afford the median rent of $3,164/mo in ZIP 11232. The local median household income is $90,891/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 11232?

Rent in ZIP 11232 has risen 2.5% over the past year as of September 2026. It sits 1.8% below its high of $3,223 in February 2026.

When is the cheapest time to rent in ZIP 11232?

Asking rents in ZIP 11232 are usually lowest in January, about 2.3% below their yearly trend, and highest in August, about 2.5% above it. At today's median that is a gap of roughly $152 a month. This pattern comes from 6 years of Zillow rent data.

How does ZIP 11232 compare to other ZIPs in New York?

ZIP 11232 is one of the pricier among New York ZIP codes for rent, ranking #104 of 334 at $3,164/mo. Over the year to September 2026, rent in ZIP 11232 changed +2.5%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.