Monthly Rent Report

Kensington Rent Report — August 2020

Asking rents in ZIP 11218, New York City, from 274 listings.

Median 1BR rent in Kensington was $1,852 in August 2020, down 6.7% (−$133) from July 2020. The middle half of 1BR listings asked between $1,744 and $2,063. That puts Kensington $33 below the New York City citywide 1BR median of $1,885. The month's figures are based on 274 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2020Vs. Year AgoP25–P75 RangeListings
Studio$1,750+$51 (+3.0%)$1,553 – $1,7906
Studio$1,750+$51 (+3.0%)$1,553 – $1,7906
1BR$1,852−$133 (-6.7%)$1,744 – $2,06356
1BR$1,850−$135 (-6.8%)$1,750 – $2,05059
2BR$2,300$0 (0.0%)$2,180 – $2,50070
2BR$1,700−$600 (-26.1%)$1,700 – $1,7001
3BR$2,600+$50 (+2.0%)$2,500 – $3,17531
3BR$2,600+$50 (+2.0%)$2,500 – $3,15033
4BR$3,000$0 (0.0%)$3,000 – $3,0005
4BR$3,000$0 (0.0%)$3,000 – $3,0005

Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.

Kensington vs. New York CityAugust 2020

BedroomsKensington MedianNYC Citywide MedianDifference
Studio$1,750$1,750$0 (0.0%)
Studio$1,750$1,750$0 (0.0%)
1BR$1,852$1,885−$33 (-1.8%)
1BR$1,850$1,885−$34 (-1.8%)
2BR$2,300$2,250+$50 (+2.2%)
2BR$1,700$2,250−$550 (-24.4%)
3BR$2,600$2,606−$6 (-0.2%)
3BR$2,600$2,606−$6 (-0.2%)
4BR$3,000$3,344−$343 (-10.3%)
4BR$3,000$3,344−$343 (-10.3%)

Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in August 2020.

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