Monthly Rent Report
Gravesend Rent Report — February 2024
Asking rents in ZIP 11223, New York City, from 164 listings.
Median 1BR rent in Gravesend was $2,000 in February 2024, down 2.4% (−$50) from January 2024 and up 2.6% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Gravesend $450 below the New York City citywide 1BR median of $2,450. The month's figures are based on 164 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,532 | −$12,968 (-83.7%) | −$18 (-0.7%) | $2,450 – $6,800 | 22 |
| Studio | $3,200 | −$12,300 (-79.4%) | +$650 (+25.5%) | $3,200 – $3,200 | 2 |
| 1BR | $2,000 | −$50 (-2.4%) | +$50 (+2.6%) | $2,000 – $2,000 | 2 |
| 1BR | $2,369 | +$319 (+15.6%) | +$419 (+21.5%) | $2,000 – $2,977 | 16 |
| 2BR | $2,649 | +$149 (+6.0%) | +$749 (+39.4%) | $2,300 – $3,400 | 77 |
| 2BR | $2,350 | −$150 (-6.0%) | +$450 (+23.7%) | $2,350 – $2,695 | 5 |
| 3BR | $2,950 | −$250 (-7.8%) | −$250 (-7.8%) | $2,800 – $3,200 | 30 |
| 3BR | $3,150 | −$50 (-1.6%) | −$50 (-1.6%) | $2,800 – $3,200 | 5 |
| 4BR | $3,700 | +$700 (+23.3%) | +$600 (+19.4%) | $3,500 – $3,700 | 4 |
| 4BR | $3,700 | +$700 (+23.3%) | +$600 (+19.4%) | $3,700 – $3,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — February 2024
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,532 | $2,359 | +$173 (+7.3%) |
| Studio | $3,200 | $2,359 | +$841 (+35.7%) |
| 1BR | $2,000 | $2,450 | −$450 (-18.4%) |
| 1BR | $2,369 | $2,450 | −$81 (-3.3%) |
| 2BR | $2,649 | $2,979 | −$330 (-11.1%) |
| 2BR | $2,350 | $2,979 | −$629 (-21.1%) |
| 3BR | $2,950 | $3,500 | −$550 (-15.7%) |
| 3BR | $3,150 | $3,500 | −$350 (-10.0%) |
| 4BR | $3,700 | $4,148 | −$447 (-10.8%) |
| 4BR | $3,700 | $4,148 | −$447 (-10.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.