Monthly Rent Report
Gravesend Rent Report — April 2020
Asking rents in ZIP 11223, New York City, from 65 listings.
Median 1BR rent in Gravesend was $1,779 in April 2020, up 6.4% (+$107) from March 2020. The middle half of 1BR listings asked between $1,744 and $1,800. That puts Gravesend $120 below the New York City citywide 1BR median of $1,899. The month's figures are based on 65 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | +$340 (+24.1%) | — | $1,750 – $1,750 | 1 |
| Studio | $1,750 | +$340 (+24.1%) | — | $1,750 – $1,750 | 1 |
| 1BR | $1,779 | +$107 (+6.4%) | — | $1,744 – $1,800 | 12 |
| 1BR | $1,779 | +$107 (+6.4%) | — | $1,744 – $1,800 | 12 |
| 2BR | $2,025 | +$175 (+9.5%) | — | $1,850 – $2,200 | 9 |
| 2BR | $1,963 | +$113 (+6.1%) | — | $1,850 – $2,175 | 10 |
| 3BR | $2,100 | −$195 (-8.5%) | — | $2,038 – $2,100 | 8 |
| 3BR | $2,100 | −$195 (-8.5%) | — | $2,025 – $2,100 | 6 |
| 4BR | $2,750 | +$150 (+5.8%) | — | $2,625 – $3,124 | 3 |
| 4BR | $2,750 | +$150 (+5.8%) | — | $2,625 – $3,124 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2020. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — April 2020
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,905 | −$155 (-8.1%) |
| Studio | $1,750 | $1,905 | −$155 (-8.1%) |
| 1BR | $1,779 | $1,899 | −$120 (-6.3%) |
| 1BR | $1,779 | $1,899 | −$120 (-6.3%) |
| 2BR | $2,025 | $2,300 | −$275 (-12.0%) |
| 2BR | $1,963 | $2,300 | −$337 (-14.7%) |
| 3BR | $2,100 | $2,600 | −$500 (-19.2%) |
| 3BR | $2,100 | $2,600 | −$500 (-19.2%) |
| 4BR | $2,750 | $3,250 | −$499 (-15.4%) |
| 4BR | $2,750 | $3,250 | −$499 (-15.4%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in April 2020.