Monthly Rent Report
Gravesend Rent Report — October 2022
Asking rents in ZIP 11223, New York City, from 28 listings.
Median 1BR rent in Gravesend was $2,000 in October 2022, up 11.3% (+$203) from September 2022 and up 33.3% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Gravesend $255 below the New York City citywide 1BR median of $2,255. The month's figures are based on 28 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | — | +$875 (+53.8%) | $2,500 – $2,500 | 2 |
| Studio | $2,500 | — | +$875 (+53.8%) | $2,500 – $2,700 | 9 |
| 1BR | $2,000 | +$203 (+11.3%) | +$500 (+33.3%) | $2,000 – $2,000 | 1 |
| 1BR | $1,800 | +$3 (+0.1%) | +$300 (+20.0%) | $1,800 – $1,800 | 1 |
| 2BR | $1,500 | −$700 (-31.8%) | −$600 (-28.6%) | $1,500 – $1,500 | 1 |
| 2BR | $2,875 | +$675 (+30.7%) | +$775 (+36.9%) | $2,638 – $2,875 | 3 |
| 3BR | $3,000 | −$300 (-9.1%) | +$800 (+36.4%) | $3,000 – $3,000 | 9 |
| 3BR | $3,000 | −$300 (-9.1%) | +$800 (+36.4%) | $3,000 – $3,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — October 2022
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $2,283 | +$218 (+9.5%) |
| Studio | $2,500 | $2,283 | +$218 (+9.5%) |
| 1BR | $2,000 | $2,255 | −$255 (-11.3%) |
| 1BR | $1,800 | $2,255 | −$455 (-20.2%) |
| 2BR | $1,500 | $2,700 | −$1,200 (-44.4%) |
| 2BR | $2,875 | $2,700 | +$175 (+6.5%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.