Monthly Rent Report

Gravesend Rent Report — November 2022

Asking rents in ZIP 11223, New York City, from 10 listings.

Median 1BR rent in Gravesend was $2,000 in November 2022, up 11.1% (+$200) from October 2022 and up 5.5% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Gravesend $244 below the New York City citywide 1BR median of $2,244. The month's figures are based on 10 listings across 7 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2022Vs. November 2021P25–P75 RangeListings
1BR$2,000+$200 (+11.1%)+$105 (+5.5%)$2,000 – $2,0001
1BR$2,650+$850 (+47.2%)+$755 (+39.8%)$2,650 – $2,6501
2BR$2,300+$800 (+53.3%)+$400 (+21.1%)$2,300 – $2,3001
2BR$2,000+$500 (+33.3%)+$100 (+5.3%)$2,000 – $2,0003
3BR$3,000$0 (0.0%)+$900 (+42.9%)$2,900 – $3,1002
3BR$3,200+$200 (+6.7%)+$1,100 (+52.4%)$3,200 – $3,2001
4BR$2,800−$200 (-6.7%)$2,800 – $2,8001

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

Gravesend vs. New York CityNovember 2022

BedroomsGravesend MedianNYC Citywide MedianDifference
1BR$2,000$2,244−$244 (-10.9%)
1BR$2,650$2,244+$406 (+18.1%)
2BR$2,300$2,700−$400 (-14.8%)
2BR$2,000$2,700−$700 (-25.9%)
3BR$3,000$3,200−$200 (-6.3%)
3BR$3,200$3,200$0 (0.0%)
4BR$2,800$3,900−$1,100 (-28.2%)

Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.

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