Monthly Rent Report
Gravesend Rent Report — November 2024
Asking rents in ZIP 11223, New York City, from 31 listings.
Median 1BR rent in Gravesend was $3,200 in November 2024, up 120.7% (+$1,750) from October 2024 and up 60.0% year-over-year. The middle half of 1BR listings asked between $2,938 and $3,200. That puts Gravesend $750 above the New York City citywide 1BR median of $2,450. The month's figures are based on 31 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | −$3,525 (-67.8%) | −$857 (-33.8%) | $1,675 – $1,675 | 1 |
| 1BR | $3,200 | +$1,750 (+120.7%) | +$1,200 (+60.0%) | $2,938 – $3,200 | 4 |
| 1BR | $3,200 | +$1,750 (+120.7%) | +$1,200 (+60.0%) | $3,200 – $3,200 | 1 |
| 2BR | $2,500 | +$350 (+16.3%) | −$150 (-5.7%) | $2,500 – $2,500 | 1 |
| 2BR | $2,500 | +$350 (+16.3%) | −$150 (-5.7%) | $2,100 – $2,500 | 5 |
| 3BR | $3,000 | −$300 (-9.1%) | +$425 (+16.5%) | $3,000 – $3,200 | 17 |
| 4BR | $3,300 | −$1,950 (-37.1%) | +$400 (+13.8%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — November 2024
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $2,383 | −$708 (-29.7%) |
| 1BR | $3,200 | $2,450 | +$750 (+30.6%) |
| 1BR | $3,200 | $2,450 | +$750 (+30.6%) |
| 2BR | $2,500 | $2,950 | −$450 (-15.3%) |
| 2BR | $2,500 | $2,950 | −$450 (-15.3%) |
| 3BR | $3,000 | $3,600 | −$600 (-16.7%) |
| 4BR | $3,300 | $4,375 | −$1,075 (-24.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.