Monthly Rent Report
Gravesend Rent Report — June 2024
Asking rents in ZIP 11223, New York City, from 221 listings.
Median 1BR rent in Gravesend was $2,550 in June 2024, up 27.5% (+$550) from May 2024 and up 52.2% year-over-year. The middle half of 1BR listings asked between $1,975 and $3,059. That puts Gravesend $100 above the New York City citywide 1BR median of $2,450. The month's figures are based on 221 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,700 | −$1,800 (-40.0%) | +$200 (+8.0%) | $2,150 – $3,900 | 13 |
| Studio | $2,700 | −$1,800 (-40.0%) | +$200 (+8.0%) | $2,150 – $3,900 | 12 |
| 1BR | $2,550 | +$550 (+27.5%) | +$875 (+52.2%) | $1,975 – $3,059 | 24 |
| 1BR | $2,700 | +$700 (+35.0%) | +$1,025 (+61.2%) | $2,163 – $3,059 | 27 |
| 2BR | $1,950 | +$50 (+2.6%) | −$350 (-15.2%) | $1,950 – $1,950 | 1 |
| 2BR | $3,200 | +$1,300 (+68.4%) | +$900 (+39.1%) | $2,584 – $4,425 | 88 |
| 3BR | $2,650 | −$300 (-10.2%) | +$150 (+6.0%) | $2,575 – $2,725 | 2 |
| 3BR | $2,700 | −$250 (-8.5%) | +$200 (+8.0%) | $2,600 – $3,550 | 31 |
| 4BR | $3,000 | +$150 (+5.3%) | +$205 (+7.3%) | $3,000 – $3,300 | 9 |
| 4BR | $3,000 | +$150 (+5.3%) | +$205 (+7.3%) | $3,000 – $3,300 | 10 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — June 2024
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,700 | $2,440 | +$260 (+10.7%) |
| Studio | $2,700 | $2,440 | +$260 (+10.7%) |
| 1BR | $2,550 | $2,450 | +$100 (+4.1%) |
| 1BR | $2,700 | $2,450 | +$250 (+10.2%) |
| 2BR | $1,950 | $2,900 | −$950 (-32.8%) |
| 2BR | $3,200 | $2,900 | +$300 (+10.3%) |
| 3BR | $2,650 | $3,600 | −$950 (-26.4%) |
| 3BR | $2,700 | $3,600 | −$900 (-25.0%) |
| 4BR | $3,000 | $4,256 | −$1,256 (-29.5%) |
| 4BR | $3,000 | $4,256 | −$1,256 (-29.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.