Monthly Rent Report
Gravesend Rent Report — July 2020
Asking rents in ZIP 11223, New York City, from 164 listings.
Median 1BR rent in Gravesend was $1,700 in July 2020, down 4.4% (−$79) from June 2020. The middle half of 1BR listings asked between $1,600 and $1,795. That puts Gravesend $125 below the New York City citywide 1BR median of $1,825. The month's figures are based on 164 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,523 | −$977 (-39.1%) | — | $1,486 – $1,559 | 2 |
| Studio | $1,523 | −$977 (-39.1%) | — | $1,486 – $1,559 | 2 |
| 1BR | $1,700 | −$79 (-4.4%) | — | $1,600 – $1,795 | 32 |
| 1BR | $1,700 | −$79 (-4.4%) | — | $1,600 – $1,795 | 32 |
| 2BR | $1,950 | −$45 (-2.3%) | — | $1,800 – $2,075 | 39 |
| 2BR | $1,900 | −$95 (-4.8%) | — | $1,900 – $1,900 | 1 |
| 3BR | $2,300 | −$100 (-4.2%) | — | $2,200 – $2,400 | 45 |
| 3BR | $2,000 | −$400 (-16.7%) | — | $2,000 – $2,000 | 1 |
| 4BR | $2,900 | +$200 (+7.4%) | — | $2,900 – $3,250 | 5 |
| 4BR | $2,900 | +$200 (+7.4%) | — | $2,900 – $3,250 | 5 |
Median, P25, and P75 are asking rents from listings posted in July 2020. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — July 2020
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,523 | $1,700 | −$177 (-10.4%) |
| Studio | $1,523 | $1,700 | −$177 (-10.4%) |
| 1BR | $1,700 | $1,825 | −$125 (-6.8%) |
| 1BR | $1,700 | $1,825 | −$125 (-6.8%) |
| 2BR | $1,950 | $2,290 | −$340 (-14.8%) |
| 2BR | $1,900 | $2,290 | −$390 (-17.0%) |
| 3BR | $2,300 | $2,600 | −$300 (-11.5%) |
| 3BR | $2,000 | $2,600 | −$600 (-23.1%) |
| 4BR | $2,900 | $3,285 | −$385 (-11.7%) |
| 4BR | $2,900 | $3,285 | −$385 (-11.7%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2020.