Monthly Rent Report
Gravesend Rent Report — March 2022
Asking rents in ZIP 11223, New York City, from 7 listings.
Median 1BR rent in Gravesend was $1,750 in March 2022, up 16.7% (+$250) from February 2022 and up 105.9% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts Gravesend $345 below the New York City citywide 1BR median of $2,095. The month's figures are based on 7 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,399 | +$62 (+4.6%) | +$99 (+7.6%) | $1,387 – $1,437 | 3 |
| 1BR | $1,750 | +$250 (+16.7%) | +$900 (+105.9%) | $1,750 – $1,750 | 1 |
| 2BR | $1,700 | −$400 (-19.0%) | +$100 (+6.3%) | $1,700 – $1,700 | 1 |
| 3BR | $2,200 | −$600 (-21.4%) | +$3 (+0.1%) | $2,200 – $2,200 | 1 |
| 4BR | $3,000 | −$449 (-13.0%) | +$200 (+7.1%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — March 2022
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,399 | $1,850 | −$451 (-24.4%) |
| 1BR | $1,750 | $2,095 | −$345 (-16.5%) |
| 2BR | $1,700 | $2,398 | −$697 (-29.1%) |
| 3BR | $2,200 | $2,990 | −$790 (-26.4%) |
| 4BR | $3,000 | $3,398 | −$397 (-11.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2022.