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💡 Use this median rent of $2000 to evaluate current listings and spot good deals.
Median Rent
$2000
50% of apartments cost less than this
Affordable Range
$1940 - $1980
20th to 40th percentile
Luxury Range
$2300 - $2400
80th to 90th percentile
This chart shows rent prices at different percentiles. The median (50th percentile) represents the mid-point of the market.
This curve shows the distribution of rent prices from minimum to maximum, highlighting how prices increase across different segments of the market.
The median rent for a 1-bedroom apartment in Mill Basin is $2000 per month. This means half of the apartments cost less than this amount, and half cost more. Our data comes from verified listings on major rental platforms.
The most affordable 1-bedroom apartments(represented by the 10th-20th percentile) range from $1920 to $1940, while premium apartments (80th-90th percentile) range from $2300 to $2400.
The minimum rent found for 1-bedroom apartments in Mill Basin is $1900, while the maximum can reach $2500.
Mill Basin is a dynamic NYC neighborhood with a diverse rental market spanning from budget-friendly options to luxury apartments. The area offers excellent connectivity to Manhattan, Brooklyn, Queens, and the Bronx via public transportation. For official rent regulation information, consult the NYC Rent Guidelines Board and NYC Housing Preservation and Development.
For neighborhood insights and local guides, explore resources like Time Out New York and Curbed NY.
This average rent data helps you understand the Mill Basin rental market and make informed decisions when searching for apartments. Use the median rent as a benchmark when evaluating listings - anything significantly below the 25th percentile (affordable range) may indicate great value, while prices above the 75th percentile suggest premium features or locations.
These statistics are based on 3 rent-stabilized 1-bedroom apartment listings in Mill Basin. The rent distribution can help you determine if an apartment is fairly priced compared to similar units in the neighborhood.
Explore average rent data for other neighborhoods to compare pricing:
Looking for 1-bedroom apartments in Mill Basin? Explore our interactive charts to understand the current rental market and make informed decisions. You can also compare within the same neighborhood. To see what's currently available, browse recent listings in Mill Basin.