Monthly Rent Report
Gravesend Rent Report — November 2023
Asking rents in ZIP 11223, New York City, from 100 listings.
Median 1BR rent in Gravesend was $2,000 in November 2023, down 34.1% (−$1,035) from October 2023 and down 24.5% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Gravesend $400 below the New York City citywide 1BR median of $2,400. The month's figures are based on 100 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,532 | −$468 (-15.6%) | — | $1,800 – $3,600 | 21 |
| Studio | $1,738 | −$1,262 (-42.1%) | — | $1,706 – $1,769 | 2 |
| 1BR | $2,000 | −$1,035 (-34.1%) | −$650 (-24.5%) | $2,000 – $2,000 | 2 |
| 1BR | $2,000 | −$1,035 (-34.1%) | −$650 (-24.5%) | $2,000 – $2,000 | 6 |
| 2BR | $2,700 | +$100 (+3.8%) | +$400 (+17.4%) | $2,700 – $2,700 | 1 |
| 2BR | $2,650 | +$50 (+1.9%) | +$350 (+15.2%) | $2,463 – $3,400 | 42 |
| 3BR | $2,575 | −$125 (-4.6%) | −$425 (-14.2%) | $2,396 – $2,863 | 6 |
| 3BR | $2,575 | −$125 (-4.6%) | −$425 (-14.2%) | $2,396 – $2,863 | 6 |
| 4BR | $2,900 | −$300 (-9.4%) | +$100 (+3.6%) | $2,900 – $2,950 | 3 |
| 4BR | $2,900 | −$300 (-9.4%) | +$100 (+3.6%) | $2,900 – $2,950 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — November 2023
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,532 | $2,395 | +$137 (+5.7%) |
| Studio | $1,738 | $2,395 | −$657 (-27.5%) |
| 1BR | $2,000 | $2,400 | −$400 (-16.7%) |
| 1BR | $2,000 | $2,400 | −$400 (-16.7%) |
| 2BR | $2,700 | $2,798 | −$97 (-3.5%) |
| 2BR | $2,650 | $2,798 | −$147 (-5.3%) |
| 3BR | $2,575 | $3,300 | −$725 (-22.0%) |
| 3BR | $2,575 | $3,300 | −$725 (-22.0%) |
| 4BR | $2,900 | $4,199 | −$1,299 (-30.9%) |
| 4BR | $2,900 | $4,199 | −$1,299 (-30.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.