Monthly Rent Report
Gravesend Rent Report — February 2023
Asking rents in ZIP 11223, New York City, from 64 listings.
Median 1BR rent in Gravesend was $1,950 in February 2023, up 14.7% (+$250) from January 2023 and up 30.0% year-over-year. The middle half of 1BR listings asked between $1,725 and $2,200. That puts Gravesend $250 below the New York City citywide 1BR median of $2,200. The month's figures are based on 64 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,550 | — | +$1,213 (+90.7%) | $2,525 – $3,025 | 3 |
| Studio | $2,550 | — | +$1,213 (+90.7%) | $2,525 – $3,025 | 3 |
| 1BR | $1,950 | +$250 (+14.7%) | +$450 (+30.0%) | $1,725 – $2,200 | 10 |
| 1BR | $1,950 | +$250 (+14.7%) | +$450 (+30.0%) | $1,700 – $2,200 | 9 |
| 2BR | $2,250 | −$50 (-2.2%) | +$150 (+7.1%) | $2,200 – $2,350 | 21 |
| 2BR | $1,900 | −$400 (-17.4%) | −$200 (-9.5%) | $1,900 – $1,900 | 1 |
| 3BR | $3,200 | +$500 (+18.5%) | +$400 (+14.3%) | $3,200 – $3,850 | 5 |
| 3BR | $3,200 | +$500 (+18.5%) | +$400 (+14.3%) | $3,200 – $3,850 | 5 |
| 4BR | $3,100 | −$100 (-3.1%) | −$349 (-10.1%) | $3,100 – $3,100 | 2 |
| 4BR | $3,100 | −$100 (-3.1%) | −$349 (-10.1%) | $3,100 – $3,100 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — February 2023
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,550 | $2,260 | +$290 (+12.8%) |
| Studio | $2,550 | $2,260 | +$290 (+12.8%) |
| 1BR | $1,950 | $2,200 | −$249 (-11.3%) |
| 1BR | $1,950 | $2,200 | −$249 (-11.3%) |
| 2BR | $2,250 | $2,695 | −$445 (-16.5%) |
| 2BR | $1,900 | $2,695 | −$795 (-29.5%) |
| 3BR | $3,200 | $3,200 | $0 (0.0%) |
| 3BR | $3,200 | $3,200 | $0 (0.0%) |
| 4BR | $3,100 | $3,800 | −$700 (-18.4%) |
| 4BR | $3,100 | $3,800 | −$700 (-18.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.