Monthly Rent Report
Gravesend Rent Report — March 2021
Asking rents in ZIP 11223, New York City, from 78 listings.
Median 1BR rent in Gravesend was $1,594 in March 2021, up 6.3% (+$95) from February 2021 and down 4.7% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,718. That puts Gravesend $206 below the New York City citywide 1BR median of $1,800. The month's figures are based on 78 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. March 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | −$112 (-8.0%) | −$110 (-7.8%) | $1,300 – $1,300 | 1 |
| Studio | $1,475 | +$63 (+4.4%) | +$65 (+4.6%) | $1,413 – $1,538 | 2 |
| 1BR | $1,594 | +$95 (+6.3%) | −$78 (-4.7%) | $1,500 – $1,718 | 22 |
| 1BR | $850 | −$649 (-43.3%) | −$822 (-49.2%) | $850 – $850 | 1 |
| 2BR | $1,600 | $0 (0.0%) | −$250 (-13.5%) | $1,600 – $1,600 | 2 |
| 2BR | $1,850 | +$250 (+15.6%) | $0 (0.0%) | $1,738 – $1,963 | 24 |
| 3BR | $2,198 | −$2 (-0.1%) | −$97 (-4.2%) | $2,196 – $2,199 | 2 |
| 3BR | $2,225 | +$25 (+1.1%) | −$70 (-3.1%) | $2,100 – $2,746 | 22 |
| 4BR | $2,800 | −$700 (-20.0%) | +$200 (+7.7%) | $2,800 – $2,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — March 2021
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,663 | −$362 (-21.8%) |
| Studio | $1,475 | $1,663 | −$187 (-11.3%) |
| 1BR | $1,594 | $1,800 | −$206 (-11.4%) |
| 1BR | $850 | $1,800 | −$950 (-52.8%) |
| 2BR | $1,600 | $2,140 | −$540 (-25.2%) |
| 2BR | $1,850 | $2,140 | −$290 (-13.6%) |
| 3BR | $2,198 | $2,500 | −$302 (-12.1%) |
| 3BR | $2,225 | $2,500 | −$275 (-11.0%) |
| 4BR | $2,800 | $3,000 | −$200 (-6.7%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in March 2021.