Monthly Rent Report

Gravesend Rent Report — December 2021

Asking rents in ZIP 11223, New York City, from 7 listings.

Median 1BR rent in Gravesend was $1,910 in December 2021, up 0.8% (+$15) from November 2021 and up 27.6% year-over-year. The middle half of 1BR listings asked between $1,903 and $1,918. That puts Gravesend $40 below the New York City citywide 1BR median of $1,950. The month's figures are based on 7 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2021Vs. December 2020P25–P75 RangeListings
Studio$1,375−$250 (-15.4%)−$100 (-6.8%)$1,363 – $1,3882
1BR$1,910+$15 (+0.8%)+$413 (+27.6%)$1,903 – $1,9182
2BR$2,100+$200 (+10.5%)+$300 (+16.7%)$2,100 – $2,1001
3BR$2,300+$200 (+9.5%)−$2,550 (-52.6%)$2,300 – $2,3001
4BR$2,200−$800 (-26.7%)$2,200 – $2,2001

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

Gravesend vs. New York CityDecember 2021

BedroomsGravesend MedianNYC Citywide MedianDifference
Studio$1,375$1,776−$401 (-22.6%)
1BR$1,910$1,950−$39 (-2.0%)
2BR$2,100$2,300−$200 (-8.7%)
3BR$2,300$2,800−$500 (-17.9%)
4BR$2,200$3,200−$1,000 (-31.3%)

Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in December 2021.

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