Monthly Rent Report
Gravesend Rent Report — September 2021
Asking rents in ZIP 11223, New York City, from 60 listings.
Median 1BR rent in Gravesend was $1,500 in September 2021, down 13.0% (−$225) from August 2021 and down 11.8% year-over-year. The middle half of 1BR listings asked between $1,499 and $1,644. That puts Gravesend $450 below the New York City citywide 1BR median of $1,950. The month's figures are based on 60 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. September 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | +$145 (+9.8%) | +$44 (+2.8%) | $1,625 – $1,625 | 1 |
| Studio | $1,450 | −$30 (-2.0%) | −$131 (-8.3%) | $1,425 – $1,475 | 6 |
| 1BR | $1,500 | −$225 (-13.0%) | −$200 (-11.8%) | $1,499 – $1,644 | 8 |
| 1BR | $1,625 | −$100 (-5.8%) | −$75 (-4.4%) | $1,625 – $1,625 | 1 |
| 2BR | $2,100 | +$250 (+13.5%) | +$150 (+7.7%) | $1,829 – $2,200 | 24 |
| 2BR | $1,700 | −$150 (-8.1%) | −$250 (-12.8%) | $1,700 – $1,700 | 1 |
| 3BR | $2,100 | −$200 (-8.7%) | −$200 (-8.7%) | $2,096 – $2,375 | 14 |
| 3BR | $1,900 | −$400 (-17.4%) | −$400 (-17.4%) | $1,900 – $1,900 | 1 |
| 4BR | $2,350 | −$50 (-2.1%) | −$674 (-22.3%) | $2,325 – $2,525 | 3 |
| 4BR | $2,600 | +$200 (+8.3%) | −$424 (-14.0%) | $2,600 – $2,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2021. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — September 2021
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $1,799 | −$174 (-9.7%) |
| Studio | $1,450 | $1,799 | −$349 (-19.4%) |
| 1BR | $1,500 | $1,950 | −$450 (-23.1%) |
| 1BR | $1,625 | $1,950 | −$325 (-16.7%) |
| 2BR | $2,100 | $2,300 | −$200 (-8.7%) |
| 2BR | $1,700 | $2,300 | −$600 (-26.1%) |
| 3BR | $2,100 | $2,700 | −$600 (-22.2%) |
| 3BR | $1,900 | $2,700 | −$800 (-29.6%) |
| 4BR | $2,350 | $3,319 | −$968 (-29.2%) |
| 4BR | $2,600 | $3,319 | −$718 (-21.7%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in September 2021.