Average rent in Mill Basin
August 2026 asking-rent percentiles by bedroom size.
RentReboot currently tracks 5 observations across available apartment sizes in Mill Basin. No bedroom-size sample has reached our five-observation publication threshold, so we are not displaying a median yet.
What the rent range shows
The current monthly sample is too small for a reliable bedroom median, so the historical section uses the latest 34 valid observations assigned to this neighborhood. Current and historical samples are never blended into one figure.
The neighborhood has 5 observations across available bedroom sizes. Only bedroom groups with at least five observations are published; smaller groups are withheld because a handful of listings can produce a misleading median.
Historical Mill Basin rent context
This fallback uses the latest 34 valid listing observations in RentReboot's history, spanning 2014-08-26 through 2026-08-10 and covering 28 properties.
The all-bedroom historical median is $2,700. This mixes apartment sizes and is context—not a substitute for a current bedroom-specific median.
| Size | 25th | Median | 75th | Sample |
|---|---|---|---|---|
| 1 Bedroom | $1,455 | $1,950 | $2,138 | 14 |
| 2 Bedrooms | $1,800 | $2,500 | $2,850 | 5 |
| 3 Bedrooms | $3,200 | $3,400 | $4,024 | 10 |
The median reported days on market was 5 days across 34 usable observations. 41% of 34 listings with a known fee flag were advertised as no-fee. 9% of 23 observations with price-change tracking recorded a reduction.
Nearby rental markets with stronger current samples
When Mill Basin has limited inventory, these nearby markets provide a more stable current benchmark. Distances are approximate straight-line distances between neighborhood centers.
- Flatlands — 1.3 miles away; 1 bedroom median $1,795 from 5 current observations
- Sheepshead Bay — 1.6 miles away; 1 bedroom median $2,450 from 89 current observations
- Homecrest — 1.8 miles away; 1 bedroom median $2,190 from 39 current observations
How to use this data
Compare an apartment's asking rent with the percentile range for the same bedroom count. A listing below the 30th percentile is inexpensive relative to this sample; one above the 70th percentile is at the higher end. Differences in condition, concessions, exact location, amenities, and listing age can still explain a large price gap.
Use this number to check the income required under NYC's 40x rule, learn how to find rent-stabilized apartments, or decide when to start your search.
RentReboot removes current bedroom groups with fewer than 5 observations from this report. Historical figures are independently labeled and use at most the latest 100 valid observations. Read the rent-data methodology, compare the NYC market summary, or inspect recent Mill Basin listings.