Monthly Rent Report
Gravesend Rent Report — August 2021
Asking rents in ZIP 11223, New York City, from 142 listings.
Median 1BR rent in Gravesend was $1,725 in August 2021, down 1.4% (−$25) from July 2021 and down 1.4% year-over-year. The middle half of 1BR listings asked between $1,725 and $1,750. That puts Gravesend $135 below the New York City citywide 1BR median of $1,860. The month's figures are based on 142 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,463 | −$17 (-1.2%) | −$100 (-6.4%) | $1,438 – $1,675 | 4 |
| Studio | $1,480 | $0 (0.0%) | −$82 (-5.3%) | $1,480 – $1,480 | 2 |
| 1BR | $1,725 | −$25 (-1.4%) | −$24 (-1.4%) | $1,725 – $1,750 | 8 |
| 1BR | $1,713 | −$37 (-2.1%) | −$36 (-2.1%) | $1,563 – $1,818 | 26 |
| 2BR | $1,850 | +$55 (+3.1%) | −$100 (-5.1%) | $1,700 – $2,100 | 52 |
| 2BR | $2,238 | +$443 (+24.7%) | +$288 (+14.7%) | $2,200 – $2,275 | 6 |
| 3BR | $2,200 | +$300 (+15.8%) | +$55 (+2.6%) | $2,100 – $2,725 | 30 |
| 3BR | $2,300 | +$400 (+21.1%) | +$155 (+7.2%) | $1,900 – $2,300 | 5 |
| 4BR | $2,200 | −$400 (-15.4%) | −$300 (-12.0%) | $2,200 – $2,925 | 7 |
| 4BR | $2,400 | −$200 (-7.7%) | −$100 (-4.0%) | $2,300 – $2,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — August 2021
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,463 | $1,749 | −$286 (-16.4%) |
| Studio | $1,480 | $1,749 | −$269 (-15.4%) |
| 1BR | $1,725 | $1,860 | −$135 (-7.3%) |
| 1BR | $1,713 | $1,860 | −$147 (-7.9%) |
| 2BR | $1,850 | $2,275 | −$425 (-18.7%) |
| 2BR | $2,238 | $2,275 | −$37 (-1.6%) |
| 3BR | $2,200 | $2,648 | −$447 (-16.9%) |
| 3BR | $2,300 | $2,648 | −$347 (-13.1%) |
| 4BR | $2,200 | $3,350 | −$1,150 (-34.3%) |
| 4BR | $2,400 | $3,350 | −$950 (-28.4%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.