Monthly Rent Report
Gravesend Rent Report — March 2023
Asking rents in ZIP 11223, New York City, from 143 listings.
Median 1BR rent in Gravesend was $1,950 in March 2023, flat versus February 2023 and up 11.4% year-over-year. The middle half of 1BR listings asked between $1,800 and $2,400. That puts Gravesend $349 below the New York City citywide 1BR median of $2,299. The month's figures are based on 143 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,125 | −$425 (-16.7%) | +$726 (+51.9%) | $1,700 – $3,875 | 8 |
| Studio | $4,500 | +$1,950 (+76.5%) | +$3,101 (+221.7%) | $4,500 – $4,500 | 3 |
| 1BR | $1,950 | $0 (0.0%) | +$200 (+11.4%) | $1,800 – $2,400 | 37 |
| 1BR | $1,925 | −$25 (-1.3%) | +$175 (+10.0%) | $1,850 – $2,275 | 14 |
| 2BR | $1,350 | −$550 (-28.9%) | −$350 (-20.6%) | $1,350 – $1,350 | 1 |
| 2BR | $2,400 | +$500 (+26.3%) | +$700 (+41.2%) | $2,300 – $2,687 | 30 |
| 3BR | $2,725 | −$475 (-14.9%) | +$525 (+23.8%) | $2,400 – $3,000 | 10 |
| 3BR | $2,999 | −$201 (-6.3%) | +$799 (+36.3%) | $2,450 – $3,200 | 29 |
| 4BR | $4,500 | +$1,400 (+45.2%) | +$1,500 (+50.0%) | $4,496 – $4,500 | 6 |
| 4BR | $3,000 | −$100 (-3.2%) | $0 (0.0%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — March 2023
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,125 | $2,200 | −$75 (-3.4%) |
| Studio | $4,500 | $2,200 | +$2,300 (+104.5%) |
| 1BR | $1,950 | $2,299 | −$349 (-15.2%) |
| 1BR | $1,925 | $2,299 | −$374 (-16.3%) |
| 2BR | $1,350 | $2,650 | −$1,300 (-49.1%) |
| 2BR | $2,400 | $2,650 | −$250 (-9.4%) |
| 3BR | $2,725 | $3,200 | −$475 (-14.9%) |
| 3BR | $2,999 | $3,200 | −$201 (-6.3%) |
| 4BR | $4,500 | $3,995 | +$505 (+12.6%) |
| 4BR | $3,000 | $3,995 | −$995 (-24.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.