Monthly Rent Report
Gravesend Rent Report — January 2023
Asking rents in ZIP 11223, New York City, from 69 listings.
Median 1BR rent in Gravesend was $1,950 in January 2023, up 2.6% (+$50) from December 2022 and up 44.4% year-over-year. The middle half of 1BR listings asked between $1,600 and $2,650. That puts Gravesend $339 below the New York City citywide 1BR median of $2,289. The month's figures are based on 69 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,950 | +$50 (+2.6%) | +$600 (+44.4%) | $1,600 – $2,650 | 19 |
| 1BR | $1,700 | −$200 (-10.5%) | +$350 (+25.9%) | $1,700 – $1,700 | 1 |
| 2BR | $2,300 | −$325 (-12.4%) | +$305 (+15.3%) | $2,200 – $2,500 | 33 |
| 2BR | $2,500 | −$125 (-4.8%) | +$505 (+25.3%) | $2,500 – $2,500 | 1 |
| 3BR | $3,900 | +$1,000 (+34.5%) | +$1,700 (+77.3%) | $3,900 – $3,900 | 1 |
| 3BR | $2,700 | −$200 (-6.9%) | +$500 (+22.7%) | $2,463 – $3,500 | 11 |
| 4BR | $3,200 | −$1,300 (-28.9%) | −$750 (-19.0%) | $3,200 – $3,200 | 2 |
| 4BR | $3,200 | −$1,300 (-28.9%) | −$750 (-19.0%) | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — January 2023
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,950 | $2,289 | −$339 (-14.8%) |
| 1BR | $1,700 | $2,289 | −$589 (-25.7%) |
| 2BR | $2,300 | $2,700 | −$400 (-14.8%) |
| 2BR | $2,500 | $2,700 | −$200 (-7.4%) |
| 3BR | $3,900 | $3,200 | +$700 (+21.9%) |
| 3BR | $2,700 | $3,200 | −$500 (-15.6%) |
| 4BR | $3,200 | $3,861 | −$661 (-17.1%) |
| 4BR | $3,200 | $3,861 | −$661 (-17.1%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.