Monthly Rent Report
Gravesend Rent Report — September 2024
Asking rents in ZIP 11223, New York City, from 67 listings.
Median 1BR rent in Gravesend was $2,175 in September 2024, up 8.8% (+$175) from August 2024 and up 16.0% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,588. That puts Gravesend $218 below the New York City citywide 1BR median of $2,393. The month's figures are based on 67 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,888 | −$3,212 (-45.2%) | +$2,144 (+122.9%) | $1,700 – $5,200 | 12 |
| 1BR | $2,175 | +$175 (+8.8%) | +$300 (+16.0%) | $2,000 – $2,588 | 8 |
| 2BR | $1,500 | −$1,000 (-40.0%) | −$1,250 (-45.5%) | $1,500 – $1,500 | 3 |
| 2BR | $2,500 | $0 (0.0%) | −$250 (-9.1%) | $2,500 – $2,500 | 1 |
| 3BR | $3,000 | −$500 (-14.3%) | −$1,500 (-33.3%) | $2,750 – $3,300 | 39 |
| 4BR | $3,600 | +$400 (+12.5%) | +$400 (+12.5%) | $3,113 – $4,749 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — September 2024
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,888 | $2,369 | +$1,519 (+64.1%) |
| 1BR | $2,175 | $2,393 | −$218 (-9.1%) |
| 2BR | $1,500 | $2,900 | −$1,400 (-48.3%) |
| 2BR | $2,500 | $2,900 | −$400 (-13.8%) |
| 3BR | $3,000 | $3,598 | −$597 (-16.6%) |
| 4BR | $3,600 | $4,295 | −$695 (-16.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.