Monthly Rent Report
Gravesend Rent Report — June 2021
Asking rents in ZIP 11223, New York City, from 102 listings.
Median 1BR rent in Gravesend was $1,550 in June 2021, down 0.6% (−$9) from May 2021 and down 12.9% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,730. That puts Gravesend $300 below the New York City citywide 1BR median of $1,850. The month's figures are based on 102 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2021 | Vs. June 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | −$200 (-14.3%) | −$1,300 (-52.0%) | $1,200 – $1,200 | 1 |
| 1BR | $1,550 | −$9 (-0.6%) | −$229 (-12.9%) | $1,450 – $1,730 | 27 |
| 1BR | $1,725 | +$166 (+10.6%) | −$54 (-3.0%) | $1,725 – $1,738 | 3 |
| 2BR | $1,900 | +$100 (+5.6%) | −$95 (-4.8%) | $1,750 – $2,100 | 39 |
| 2BR | $2,095 | +$295 (+16.4%) | +$100 (+5.0%) | $1,973 – $2,228 | 3 |
| 3BR | $2,488 | −$512 (-17.1%) | +$88 (+3.6%) | $2,294 – $2,681 | 2 |
| 3BR | $2,100 | −$900 (-30.0%) | −$300 (-12.5%) | $2,050 – $2,363 | 22 |
| 4BR | $2,600 | −$395 (-13.2%) | −$100 (-3.7%) | $2,600 – $2,600 | 1 |
| 4BR | $2,999 | +$4 (+0.1%) | +$299 (+11.1%) | $2,849 – $2,999 | 4 |
Median, P25, and P75 are asking rents from listings posted in June 2021. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — June 2021
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,736 | −$536 (-30.9%) |
| 1BR | $1,550 | $1,850 | −$300 (-16.2%) |
| 1BR | $1,725 | $1,850 | −$125 (-6.8%) |
| 2BR | $1,900 | $2,200 | −$300 (-13.6%) |
| 2BR | $2,095 | $2,200 | −$105 (-4.8%) |
| 3BR | $2,488 | $2,655 | −$167 (-6.3%) |
| 3BR | $2,100 | $2,655 | −$554 (-20.9%) |
| 4BR | $2,600 | $3,373 | −$772 (-22.9%) |
| 4BR | $2,999 | $3,373 | −$373 (-11.1%) |
Citywide figure is the median of zip-level medians across 164 New York City zip codes with listings in June 2021.