Monthly Rent Report
Gravesend Rent Report — July 2021
Asking rents in ZIP 11223, New York City, from 116 listings.
Median 1BR rent in Gravesend was $1,675 in July 2021, up 8.1% (+$125) from June 2021 and down 1.5% year-over-year. The middle half of 1BR listings asked between $1,488 and $1,750. That puts Gravesend $216 below the New York City citywide 1BR median of $1,891. The month's figures are based on 116 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,925 | +$725 (+60.4%) | +$403 (+26.4%) | $1,550 – $2,263 | 4 |
| Studio | $1,480 | +$280 (+23.3%) | −$42 (-2.8%) | $1,480 – $1,480 | 1 |
| 1BR | $1,675 | +$125 (+8.1%) | −$25 (-1.5%) | $1,488 – $1,750 | 27 |
| 1BR | $1,750 | +$200 (+12.9%) | +$50 (+2.9%) | $1,725 – $1,750 | 5 |
| 2BR | $2,000 | +$100 (+5.3%) | +$100 (+5.3%) | $1,850 – $2,200 | 39 |
| 2BR | $1,795 | −$105 (-5.5%) | −$105 (-5.5%) | $1,745 – $1,845 | 2 |
| 3BR | $1,900 | −$587 (-23.6%) | −$100 (-5.0%) | $1,900 – $1,900 | 5 |
| 3BR | $2,350 | −$137 (-5.5%) | +$350 (+17.5%) | $2,100 – $2,500 | 27 |
| 4BR | $2,600 | $0 (0.0%) | −$300 (-10.3%) | $2,600 – $2,600 | 1 |
| 4BR | $2,875 | +$275 (+10.6%) | −$25 (-0.9%) | $2,638 – $2,988 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — July 2021
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,925 | $1,785 | +$140 (+7.9%) |
| Studio | $1,480 | $1,785 | −$305 (-17.1%) |
| 1BR | $1,675 | $1,891 | −$216 (-11.4%) |
| 1BR | $1,750 | $1,891 | −$141 (-7.5%) |
| 2BR | $2,000 | $2,250 | −$249 (-11.1%) |
| 2BR | $1,795 | $2,250 | −$454 (-20.2%) |
| 3BR | $1,900 | $2,600 | −$700 (-26.9%) |
| 3BR | $2,350 | $2,600 | −$250 (-9.6%) |
| 4BR | $2,600 | $3,350 | −$750 (-22.4%) |
| 4BR | $2,875 | $3,350 | −$475 (-14.2%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2021.