Monthly Rent Report
Gravesend Rent Report — January 2024
Asking rents in ZIP 11223, New York City, from 112 listings.
Median 1BR rent in Gravesend was $2,050 in January 2024, down 5.7% (−$125) from December 2023 and up 20.6% year-over-year. The middle half of 1BR listings asked between $2,025 and $2,075. That puts Gravesend $300 below the New York City citywide 1BR median of $2,350. The month's figures are based on 112 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $15,500 | +$14,150 (+1048.1%) | — | $15,500 – $15,500 | 2 |
| Studio | $15,500 | +$14,150 (+1048.1%) | — | $15,500 – $15,500 | 10 |
| 1BR | $2,050 | −$125 (-5.7%) | +$350 (+20.6%) | $2,025 – $2,075 | 2 |
| 1BR | $2,050 | −$125 (-5.7%) | +$350 (+20.6%) | $2,025 – $2,075 | 2 |
| 2BR | $2,500 | −$350 (-12.3%) | $0 (0.0%) | $2,300 – $2,695 | 37 |
| 2BR | $2,500 | −$350 (-12.3%) | $0 (0.0%) | $2,300 – $2,695 | 37 |
| 3BR | $3,200 | +$275 (+9.4%) | −$700 (-17.9%) | $3,074 – $3,200 | 7 |
| 3BR | $3,200 | +$275 (+9.4%) | −$700 (-17.9%) | $3,074 – $3,200 | 7 |
| 4BR | $3,000 | $0 (0.0%) | −$200 (-6.3%) | $2,963 – $3,450 | 4 |
| 4BR | $3,000 | $0 (0.0%) | −$200 (-6.3%) | $2,963 – $3,450 | 4 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — January 2024
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $15,500 | $2,338 | +$13,163 (+563.1%) |
| Studio | $15,500 | $2,338 | +$13,163 (+563.1%) |
| 1BR | $2,050 | $2,350 | −$300 (-12.8%) |
| 1BR | $2,050 | $2,350 | −$300 (-12.8%) |
| 2BR | $2,500 | $2,885 | −$385 (-13.3%) |
| 2BR | $2,500 | $2,885 | −$385 (-13.3%) |
| 3BR | $3,200 | $3,443 | −$243 (-7.1%) |
| 3BR | $3,200 | $3,443 | −$243 (-7.1%) |
| 4BR | $3,000 | $4,000 | −$1,000 (-25.0%) |
| 4BR | $3,000 | $4,000 | −$1,000 (-25.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.