Monthly Rent Report
Gravesend Rent Report — May 2021
Asking rents in ZIP 11223, New York City, from 120 listings.
Median 1BR rent in Gravesend was $1,559 in May 2021, up 3.9% (+$59) from April 2021. The middle half of 1BR listings asked between $1,331 and $1,750. That puts Gravesend $261 below the New York City citywide 1BR median of $1,820. The month's figures are based on 120 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | −$24 (-1.7%) | — | $1,350 – $1,425 | 3 |
| Studio | $1,475 | +$51 (+3.5%) | — | $1,475 – $1,475 | 1 |
| 1BR | $1,559 | +$59 (+3.9%) | — | $1,331 – $1,750 | 26 |
| 1BR | $1,695 | +$195 (+13.0%) | — | $1,695 – $1,695 | 1 |
| 2BR | $2,050 | +$38 (+1.9%) | +$350 (+20.6%) | $1,873 – $2,173 | 3 |
| 2BR | $1,800 | −$212 (-10.6%) | +$100 (+5.9%) | $1,700 – $2,000 | 40 |
| 3BR | $2,095 | −$105 (-4.8%) | +$95 (+4.8%) | $1,950 – $2,195 | 35 |
| 3BR | $3,000 | +$800 (+36.4%) | +$1,000 (+50.0%) | $2,100 – $3,348 | 7 |
| 4BR | $2,800 | +$100 (+3.7%) | — | $2,800 – $2,800 | 1 |
| 4BR | $2,995 | +$295 (+10.9%) | — | $2,995 – $2,995 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — May 2021
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,661 | −$261 (-15.7%) |
| Studio | $1,475 | $1,661 | −$186 (-11.2%) |
| 1BR | $1,559 | $1,820 | −$261 (-14.3%) |
| 1BR | $1,695 | $1,820 | −$125 (-6.9%) |
| 2BR | $2,050 | $2,200 | −$150 (-6.8%) |
| 2BR | $1,800 | $2,200 | −$400 (-18.2%) |
| 3BR | $2,095 | $2,550 | −$455 (-17.8%) |
| 3BR | $3,000 | $2,550 | +$450 (+17.6%) |
| 4BR | $2,800 | $3,400 | −$600 (-17.6%) |
| 4BR | $2,995 | $3,400 | −$405 (-11.9%) |
Citywide figure is the median of zip-level medians across 162 New York City zip codes with listings in May 2021.