Monthly Rent Report

Gravesend Rent Report — December 2022

Asking rents in ZIP 11223, New York City, from 107 listings.

Median 1BR rent in Gravesend was $1,900 in December 2022, down 28.3% (−$750) from November 2022 and down 0.5% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,950. That puts Gravesend $322 below the New York City citywide 1BR median of $2,222. The month's figures are based on 107 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2022Vs. December 2021P25–P75 RangeListings
Studio$3,000+$1,625 (+118.2%)$3,000 – $3,0002
Studio$1,675+$300 (+21.8%)$1,675 – $1,6753
1BR$1,900−$750 (-28.3%)−$10 (-0.5%)$1,850 – $1,95025
1BR$1,900−$750 (-28.3%)−$10 (-0.5%)$1,763 – $1,91311
2BR$3,000+$1,000 (+50.0%)+$900 (+42.9%)$3,000 – $3,0001
2BR$2,625+$625 (+31.3%)+$525 (+25.0%)$2,400 – $2,72518
3BR$2,900−$100 (-3.3%)+$600 (+26.1%)$2,724 – $3,65018
3BR$3,050+$50 (+1.7%)+$750 (+32.6%)$2,771 – $3,80012
4BR$4,500+$1,700 (+60.7%)+$2,300 (+104.5%)$4,500 – $5,9959
4BR$4,500+$1,700 (+60.7%)+$2,300 (+104.5%)$4,500 – $5,9958

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

Gravesend vs. New York CityDecember 2022

BedroomsGravesend MedianNYC Citywide MedianDifference
Studio$3,000$2,098+$903 (+43.0%)
Studio$1,675$2,098−$422 (-20.1%)
1BR$1,900$2,222−$321 (-14.5%)
1BR$1,900$2,222−$321 (-14.5%)
2BR$3,000$2,700+$300 (+11.1%)
2BR$2,625$2,700−$75 (-2.8%)
3BR$2,900$3,200−$300 (-9.4%)
3BR$3,050$3,200−$150 (-4.7%)
4BR$4,500$3,750+$750 (+20.0%)
4BR$4,500$3,750+$750 (+20.0%)

Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.

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