Monthly Rent Report
Gravesend Rent Report — October 2023
Asking rents in ZIP 11223, New York City, from 80 listings.
Median 1BR rent in Gravesend was $2,378 in October 2023, up 26.8% (+$503) from September 2023 and up 32.1% year-over-year. The middle half of 1BR listings asked between $2,316 and $2,439. That puts Gravesend $73 below the New York City citywide 1BR median of $2,450. The month's figures are based on 80 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,600 | +$1,856 (+106.4%) | +$1,100 (+44.0%) | $2,500 – $4,600 | 18 |
| Studio | $3,000 | +$1,256 (+72.0%) | +$500 (+20.0%) | $2,588 – $3,450 | 6 |
| 1BR | $2,378 | +$503 (+26.8%) | +$578 (+32.1%) | $2,316 – $2,439 | 2 |
| 1BR | $3,035 | +$1,160 (+61.9%) | +$1,235 (+68.6%) | $1,900 – $3,053 | 23 |
| 2BR | $2,600 | +$350 (+15.6%) | −$275 (-9.6%) | $2,300 – $2,800 | 13 |
| 2BR | $2,800 | +$550 (+24.4%) | −$75 (-2.6%) | $2,800 – $2,800 | 1 |
| 3BR | $2,700 | −$500 (-15.6%) | −$300 (-10.0%) | $2,350 – $2,900 | 6 |
| 3BR | $2,648 | −$552 (-17.3%) | −$352 (-11.8%) | $2,371 – $2,975 | 4 |
| 4BR | $3,200 | $0 (0.0%) | — | $2,400 – $3,200 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — October 2023
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,600 | $2,411 | +$1,190 (+49.3%) |
| Studio | $3,000 | $2,411 | +$590 (+24.5%) |
| 1BR | $2,378 | $2,450 | −$72 (-3.0%) |
| 1BR | $3,035 | $2,450 | +$585 (+23.9%) |
| 2BR | $2,600 | $2,900 | −$300 (-10.3%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 3BR | $2,700 | $3,349 | −$649 (-19.4%) |
| 3BR | $2,648 | $3,349 | −$701 (-20.9%) |
| 4BR | $3,200 | $4,200 | −$1,000 (-23.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.