Monthly Rent Report
Gravesend Rent Report — June 2022
Asking rents in ZIP 11223, New York City, from 34 listings.
Median 1BR rent in Gravesend was $1,600 in June 2022, down 5.9% (−$100) from May 2022 and up 3.2% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Gravesend $640 below the New York City citywide 1BR median of $2,240. The month's figures are based on 34 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,475 | −$175 (-10.6%) | +$275 (+22.9%) | $1,475 – $1,475 | 3 |
| 1BR | $1,600 | −$100 (-5.9%) | +$50 (+3.2%) | $1,600 – $1,600 | 1 |
| 2BR | $2,100 | +$350 (+20.0%) | +$200 (+10.5%) | $2,050 – $2,150 | 2 |
| 2BR | $2,200 | +$450 (+25.7%) | +$300 (+15.8%) | $2,000 – $2,695 | 23 |
| 3BR | $2,600 | +$200 (+8.3%) | +$113 (+4.5%) | $2,600 – $2,600 | 1 |
| 3BR | $3,000 | +$600 (+25.0%) | +$513 (+20.6%) | $3,000 – $3,000 | 1 |
| 4BR | $3,400 | +$900 (+36.0%) | +$800 (+30.8%) | $3,400 – $3,400 | 1 |
| 4BR | $2,600 | +$100 (+4.0%) | $0 (0.0%) | $2,500 – $2,700 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — June 2022
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,475 | $2,078 | −$603 (-29.0%) |
| 1BR | $1,600 | $2,240 | −$640 (-28.6%) |
| 2BR | $2,100 | $2,600 | −$500 (-19.2%) |
| 2BR | $2,200 | $2,600 | −$400 (-15.4%) |
| 3BR | $2,600 | $3,200 | −$600 (-18.8%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 4BR | $3,400 | $4,400 | −$1,000 (-22.7%) |
| 4BR | $2,600 | $4,400 | −$1,800 (-40.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2022.