Monthly Rent Report
Gravesend Rent Report — August 2020
Asking rents in ZIP 11223, New York City, from 160 listings.
Median 1BR rent in Gravesend was $1,777 in August 2020, up 4.5% (+$77) from July 2020. The middle half of 1BR listings asked between $1,600 and $1,799. That puts Gravesend $108 below the New York City citywide 1BR median of $1,885. The month's figures are based on 160 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,563 | +$40 (+2.6%) | — | $1,438 – $1,675 | 4 |
| Studio | $1,563 | +$40 (+2.6%) | — | $1,438 – $1,675 | 4 |
| 1BR | $1,777 | +$77 (+4.5%) | — | $1,600 – $1,799 | 38 |
| 1BR | $1,749 | +$49 (+2.9%) | — | $1,550 – $1,795 | 23 |
| 2BR | $1,950 | $0 (0.0%) | — | $1,825 – $2,100 | 28 |
| 2BR | $1,950 | $0 (0.0%) | — | $1,825 – $2,100 | 25 |
| 3BR | $2,145 | +$145 (+7.2%) | — | $2,000 – $2,350 | 18 |
| 3BR | $2,145 | +$145 (+7.2%) | — | $2,000 – $2,350 | 14 |
| 4BR | $2,500 | −$400 (-13.8%) | — | $2,450 – $2,550 | 3 |
| 4BR | $2,500 | −$400 (-13.8%) | — | $2,450 – $2,550 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — August 2020
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,563 | $1,750 | −$187 (-10.7%) |
| Studio | $1,563 | $1,750 | −$187 (-10.7%) |
| 1BR | $1,777 | $1,885 | −$107 (-5.7%) |
| 1BR | $1,749 | $1,885 | −$135 (-7.2%) |
| 2BR | $1,950 | $2,250 | −$300 (-13.3%) |
| 2BR | $1,950 | $2,250 | −$300 (-13.3%) |
| 3BR | $2,145 | $2,606 | −$461 (-17.7%) |
| 3BR | $2,145 | $2,606 | −$461 (-17.7%) |
| 4BR | $2,500 | $3,344 | −$843 (-25.2%) |
| 4BR | $2,500 | $3,344 | −$843 (-25.2%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in August 2020.