Monthly Rent Report

Gravesend Rent Report — October 2021

Asking rents in ZIP 11223, New York City, from 6 listings.

Median 1BR rent in Gravesend was $1,500 in October 2021, flat versus September 2021 and down 13.0% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Gravesend $375 below the New York City citywide 1BR median of $1,875. The month's figures are based on 6 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2021Vs. October 2020P25–P75 RangeListings
Studio$1,625$0 (0.0%)−$25 (-1.5%)$1,625 – $1,6252
1BR$1,500$0 (0.0%)−$225 (-13.0%)$1,500 – $1,5001
2BR$2,100+$400 (+23.5%)+$275 (+15.1%)$2,100 – $2,1001
3BR$2,200+$100 (+4.8%)−$150 (-6.4%)$2,200 – $2,2001
4BR$1,750−$600 (-25.5%)$1,750 – $1,7501

Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.

Gravesend vs. New York CityOctober 2021

BedroomsGravesend MedianNYC Citywide MedianDifference
Studio$1,625$1,800−$175 (-9.7%)
1BR$1,500$1,875−$375 (-20.0%)
2BR$2,100$2,295−$195 (-8.5%)
3BR$2,200$2,788−$587 (-21.1%)
4BR$1,750$3,426−$1,676 (-48.9%)

Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in October 2021.

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