Monthly Rent Report

Gravesend Rent Report — April 2023

Asking rents in ZIP 11223, New York City, from 147 listings.

Median 1BR rent in Gravesend was $1,850 in April 2023, down 5.1% (−$100) from March 2023 and up 8.8% year-over-year. The middle half of 1BR listings asked between $1,700 and $2,275. That puts Gravesend $523 below the New York City citywide 1BR median of $2,373. The month's figures are based on 147 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2023Vs. April 2022P25–P75 RangeListings
Studio$3,250+$1,125 (+52.9%)+$1,813 (+126.1%)$2,375 – $3,8758
Studio$3,250+$1,125 (+52.9%)+$1,813 (+126.1%)$2,375 – $3,8758
1BR$1,850−$100 (-5.1%)+$150 (+8.8%)$1,700 – $2,27520
1BR$1,850−$100 (-5.1%)+$150 (+8.8%)$1,700 – $2,27520
2BR$2,400$0 (0.0%)+$600 (+33.3%)$2,125 – $2,72334
2BR$2,400$0 (0.0%)+$600 (+33.3%)$2,150 – $2,73035
3BR$2,999$0 (0.0%)+$99 (+3.4%)$2,800 – $3,0007
3BR$2,600−$399 (-13.3%)−$300 (-10.3%)$2,600 – $2,6001
4BR$4,495−$5 (-0.1%)+$1,495 (+49.8%)$4,200 – $4,5005
4BR$4,495−$5 (-0.1%)+$1,495 (+49.8%)$4,200 – $4,5005

Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.

Gravesend vs. New York CityApril 2023

BedroomsGravesend MedianNYC Citywide MedianDifference
Studio$3,250$2,349+$901 (+38.4%)
Studio$3,250$2,349+$901 (+38.4%)
1BR$1,850$2,373−$522 (-22.0%)
1BR$1,850$2,373−$522 (-22.0%)
2BR$2,400$2,795−$395 (-14.1%)
2BR$2,400$2,795−$395 (-14.1%)
3BR$2,999$3,200−$201 (-6.3%)
3BR$2,600$3,200−$600 (-18.8%)
4BR$4,495$4,148+$348 (+8.4%)
4BR$4,495$4,148+$348 (+8.4%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.

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