Monthly Rent Report
Gravesend Rent Report — July 2024
Asking rents in ZIP 11223, New York City, from 78 listings.
Median 1BR rent in Gravesend was $3,059 in July 2024, up 20.0% (+$509) from June 2024 and up 31.6% year-over-year. The middle half of 1BR listings asked between $2,718 and $3,059. That puts Gravesend $559 above the New York City citywide 1BR median of $2,500. The month's figures are based on 78 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,150 | −$550 (-20.4%) | −$4,544 (-67.9%) | $2,150 – $2,700 | 5 |
| Studio | $1,925 | −$775 (-28.7%) | −$4,769 (-71.2%) | $1,700 – $2,588 | 4 |
| 1BR | $3,059 | +$509 (+20.0%) | +$735 (+31.6%) | $2,718 – $3,059 | 9 |
| 1BR | $2,000 | −$550 (-21.6%) | −$324 (-14.0%) | $1,900 – $3,059 | 17 |
| 2BR | $3,650 | +$450 (+14.1%) | +$700 (+23.7%) | $2,899 – $3,650 | 5 |
| 2BR | $3,950 | +$750 (+23.4%) | +$1,000 (+33.9%) | $3,318 – $5,200 | 29 |
| 3BR | $4,000 | +$1,350 (+50.9%) | +$1,250 (+45.5%) | $3,450 – $4,000 | 3 |
| 3BR | $3,000 | +$350 (+13.2%) | +$250 (+9.1%) | $2,950 – $3,000 | 4 |
| 4BR | $2,850 | −$150 (-5.0%) | — | $2,850 – $2,850 | 1 |
| 4BR | $8,000 | +$5,000 (+166.7%) | — | $8,000 – $8,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — July 2024
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,150 | $2,800 | −$650 (-23.2%) |
| Studio | $1,925 | $2,800 | −$875 (-31.3%) |
| 1BR | $3,059 | $2,500 | +$559 (+22.4%) |
| 1BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 2BR | $3,650 | $3,000 | +$650 (+21.7%) |
| 2BR | $3,950 | $3,000 | +$950 (+31.7%) |
| 3BR | $4,000 | $3,606 | +$394 (+10.9%) |
| 3BR | $3,000 | $3,606 | −$606 (-16.8%) |
| 4BR | $2,850 | $4,500 | −$1,650 (-36.7%) |
| 4BR | $8,000 | $4,500 | +$3,500 (+77.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.