Monthly Rent Report

Gravesend Rent Report — August 2022

Asking rents in ZIP 11223, New York City, from 69 listings.

Median 1BR rent in Gravesend was $1,713 in August 2022, down 11.0% (−$212) from July 2022 and unchanged year-over-year. The middle half of 1BR listings asked between $1,606 and $1,838. That puts Gravesend $638 below the New York City citywide 1BR median of $2,350. The month's figures are based on 69 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2022Vs. August 2021P25–P75 RangeListings
Studio$1,625+$103 (+6.7%)+$163 (+11.1%)$1,563 – $1,6253
Studio$1,625+$103 (+6.7%)+$163 (+11.1%)$1,563 – $1,6253
1BR$1,713−$212 (-11.0%)$0 (0.0%)$1,606 – $1,8386
1BR$1,713−$212 (-11.0%)$0 (0.0%)$1,569 – $1,8134
2BR$2,185+$85 (+4.0%)+$335 (+18.1%)$2,100 – $2,20028
2BR$2,150+$50 (+2.4%)+$300 (+16.2%)$2,100 – $2,20013
3BR$2,600+$100 (+4.0%)+$400 (+18.2%)$2,600 – $2,7509
3BR$2,150−$350 (-14.0%)−$50 (-2.3%)$2,150 – $2,1501
4BR$3,500+$50 (+1.4%)+$1,300 (+59.1%)$3,500 – $3,5001
4BR$3,500+$50 (+1.4%)+$1,300 (+59.1%)$3,500 – $3,5001

Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.

Gravesend vs. New York CityAugust 2022

BedroomsGravesend MedianNYC Citywide MedianDifference
Studio$1,625$2,300−$675 (-29.3%)
Studio$1,625$2,300−$675 (-29.3%)
1BR$1,713$2,350−$637 (-27.1%)
1BR$1,713$2,350−$637 (-27.1%)
2BR$2,185$2,800−$615 (-22.0%)
2BR$2,150$2,800−$650 (-23.2%)
3BR$2,600$3,350−$750 (-22.4%)
3BR$2,150$3,350−$1,200 (-35.8%)
4BR$3,500$4,224−$724 (-17.1%)
4BR$3,500$4,224−$724 (-17.1%)

Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.

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