Monthly Rent Report
Gravesend Rent Report — December 2024
Asking rents in ZIP 11223, New York City, from 46 listings.
Median 1BR rent in Gravesend was $2,000 in December 2024, down 37.5% (−$1,200) from November 2024 and down 8.0% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Gravesend $480 below the New York City citywide 1BR median of $2,480. The month's figures are based on 46 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | +$25 (+1.5%) | +$350 (+25.9%) | $1,700 – $3,050 | 4 |
| Studio | $1,700 | +$25 (+1.5%) | +$350 (+25.9%) | $1,700 – $3,050 | 4 |
| 1BR | $2,000 | −$1,200 (-37.5%) | −$175 (-8.0%) | $2,000 – $2,000 | 1 |
| 1BR | $1,900 | −$1,300 (-40.6%) | −$275 (-12.6%) | $1,900 – $1,975 | 6 |
| 2BR | $2,500 | $0 (0.0%) | −$350 (-12.3%) | $2,500 – $2,500 | 1 |
| 2BR | $2,500 | $0 (0.0%) | −$350 (-12.3%) | $2,500 – $2,500 | 1 |
| 3BR | $3,600 | +$600 (+20.0%) | +$675 (+23.1%) | $3,600 – $3,600 | 2 |
| 3BR | $3,700 | +$700 (+23.3%) | +$775 (+26.5%) | $3,350 – $4,000 | 18 |
| 4BR | $3,700 | +$400 (+12.1%) | +$775 (+26.5%) | $3,100 – $3,800 | 9 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — December 2024
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $2,525 | −$825 (-32.7%) |
| Studio | $1,700 | $2,525 | −$825 (-32.7%) |
| 1BR | $2,000 | $2,480 | −$479 (-19.3%) |
| 1BR | $1,900 | $2,480 | −$579 (-23.4%) |
| 2BR | $2,500 | $2,975 | −$475 (-16.0%) |
| 2BR | $2,500 | $2,975 | −$475 (-16.0%) |
| 3BR | $3,600 | $3,546 | +$55 (+1.5%) |
| 3BR | $3,700 | $3,546 | +$155 (+4.4%) |
| 4BR | $3,700 | $4,150 | −$450 (-10.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.