Monthly Rent Report
Gravesend Rent Report — February 2022
Asking rents in ZIP 11223, New York City, from 45 listings.
Median 1BR rent in Gravesend was $1,500 in February 2022, up 11.1% (+$150) from January 2022 and up 0.1% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Gravesend $437 below the New York City citywide 1BR median of $1,937. The month's figures are based on 45 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2022 | Vs. February 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,338 | −$112 (-7.8%) | −$75 (-5.3%) | $1,250 – $1,395 | 4 |
| 1BR | $1,500 | +$150 (+11.1%) | +$1 (+0.1%) | $1,500 – $1,500 | 1 |
| 2BR | $2,100 | +$105 (+5.3%) | +$500 (+31.3%) | $1,995 – $2,300 | 37 |
| 3BR | $2,800 | +$600 (+27.3%) | +$650 (+30.2%) | $2,800 – $2,800 | 1 |
| 4BR | $3,450 | −$500 (-12.7%) | +$850 (+32.7%) | $3,225 – $3,674 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — February 2022
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,338 | $1,835 | −$497 (-27.1%) |
| 1BR | $1,500 | $1,937 | −$436 (-22.5%) |
| 2BR | $2,100 | $2,300 | −$200 (-8.7%) |
| 3BR | $2,800 | $2,800 | $0 (0.0%) |
| 4BR | $3,450 | $3,200 | +$250 (+7.8%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in February 2022.