Monthly Rent Report
Gravesend Rent Report — October 2024
Asking rents in ZIP 11223, New York City, from 53 listings.
Median 1BR rent in Gravesend was $1,900 in October 2024, down 12.6% (−$275) from September 2024 and down 37.4% year-over-year. The middle half of 1BR listings asked between $1,688 and $2,900. That puts Gravesend $406 below the New York City citywide 1BR median of $2,306. The month's figures are based on 53 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,200 | +$1,313 (+33.8%) | +$1,600 (+44.4%) | $4,425 – $7,775 | 14 |
| 1BR | $1,900 | −$275 (-12.6%) | −$1,135 (-37.4%) | $1,688 – $2,900 | 6 |
| 1BR | $1,450 | −$725 (-33.3%) | −$1,585 (-52.2%) | $1,375 – $1,525 | 2 |
| 2BR | $2,500 | +$1,000 (+66.7%) | −$100 (-3.8%) | $2,225 – $2,550 | 14 |
| 2BR | $2,150 | +$650 (+43.3%) | −$450 (-17.3%) | $1,750 – $2,924 | 4 |
| 3BR | $3,300 | +$300 (+10.0%) | +$600 (+22.2%) | $3,000 – $3,800 | 9 |
| 3BR | $2,600 | −$400 (-13.3%) | −$100 (-3.7%) | $2,600 – $2,600 | 1 |
| 4BR | $5,250 | +$1,650 (+45.8%) | +$2,050 (+64.1%) | $4,625 – $5,875 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — October 2024
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,200 | $2,550 | +$2,650 (+103.9%) |
| 1BR | $1,900 | $2,306 | −$406 (-17.6%) |
| 1BR | $1,450 | $2,306 | −$856 (-37.1%) |
| 2BR | $2,500 | $2,914 | −$413 (-14.2%) |
| 2BR | $2,150 | $2,914 | −$763 (-26.2%) |
| 3BR | $3,300 | $3,519 | −$219 (-6.2%) |
| 3BR | $2,600 | $3,519 | −$919 (-26.1%) |
| 4BR | $5,250 | $4,100 | +$1,150 (+28.0%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.