Monthly Rent Report
Gravesend Rent Report — March 2025
Asking rents in ZIP 11223, New York City, from 193 listings.
Median 1BR rent in Gravesend was $2,180 in March 2025, down 0.9% (−$20) from February 2025 and down 25.3% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,300. That puts Gravesend $320 below the New York City citywide 1BR median of $2,500. The month's figures are based on 193 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,475 | +$725 (+41.4%) | −$425 (-14.7%) | $1,725 – $5,000 | 15 |
| Studio | $2,475 | +$725 (+41.4%) | −$425 (-14.7%) | $1,725 – $5,000 | 23 |
| 1BR | $2,180 | −$20 (-0.9%) | −$737 (-25.3%) | $2,000 – $2,300 | 25 |
| 1BR | $2,100 | −$100 (-4.5%) | −$817 (-28.0%) | $1,985 – $2,225 | 19 |
| 2BR | $2,700 | −$300 (-10.0%) | −$47 (-1.7%) | $2,300 – $3,613 | 30 |
| 2BR | $2,750 | −$250 (-8.3%) | +$3 (+0.1%) | $2,400 – $3,700 | 25 |
| 3BR | $3,500 | +$150 (+4.5%) | +$700 (+25.0%) | $2,725 – $3,978 | 20 |
| 3BR | $3,750 | +$400 (+11.9%) | +$950 (+33.9%) | $2,800 – $3,995 | 28 |
| 4BR | $3,600 | +$50 (+1.4%) | +$400 (+12.5%) | $3,500 – $3,600 | 5 |
| 4BR | $3,600 | +$50 (+1.4%) | +$400 (+12.5%) | $3,225 – $4,050 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Gravesend vs. New York City — March 2025
| Bedrooms | Gravesend Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,475 | $2,514 | −$38 (-1.5%) |
| Studio | $2,475 | $2,514 | −$38 (-1.5%) |
| 1BR | $2,180 | $2,500 | −$320 (-12.8%) |
| 1BR | $2,100 | $2,500 | −$400 (-16.0%) |
| 2BR | $2,700 | $2,938 | −$237 (-8.1%) |
| 2BR | $2,750 | $2,938 | −$187 (-6.4%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 3BR | $3,750 | $3,600 | +$150 (+4.2%) |
| 4BR | $3,600 | $4,400 | −$800 (-18.2%) |
| 4BR | $3,600 | $4,400 | −$800 (-18.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.