Monthly Rent Report
Kensington Rent Report — October 2020
Asking rents in ZIP 11218, New York City, from 48 listings.
Median 1BR rent in Kensington was $1,900 in October 2020, up 5.9% (+$106) from September 2020. The middle half of 1BR listings asked between $1,800 and $2,076. That puts Kensington in line with the New York City citywide 1BR median of $1,900. The month's figures are based on 48 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,583 | −$67 (-4.1%) | — | $1,498 – $1,688 | 4 |
| 1BR | $1,900 | +$106 (+5.9%) | — | $1,800 – $2,076 | 23 |
| 1BR | $2,000 | +$206 (+11.5%) | — | $2,000 – $2,000 | 2 |
| 2BR | $3,181 | +$221 (+7.4%) | — | $2,923 – $3,438 | 2 |
| 2BR | $2,350 | −$610 (-20.6%) | — | $2,163 – $2,400 | 3 |
| 3BR | $2,299 | −$1 (-0.0%) | — | $2,299 – $2,299 | 1 |
| 3BR | $2,695 | +$395 (+17.2%) | — | $2,500 – $3,592 | 11 |
| 4BR | $3,500 | +$500 (+16.7%) | — | $3,300 – $3,700 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2020. Changes compare against the nearest prior month with data.
Kensington vs. New York City — October 2020
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,583 | $1,795 | −$211 (-11.8%) |
| 1BR | $1,900 | $1,900 | $0 (0.0%) |
| 1BR | $2,000 | $1,900 | +$100 (+5.3%) |
| 2BR | $3,181 | $2,250 | +$931 (+41.4%) |
| 2BR | $2,350 | $2,250 | +$100 (+4.4%) |
| 3BR | $2,299 | $2,650 | −$351 (-13.2%) |
| 3BR | $2,695 | $2,650 | +$45 (+1.7%) |
| 4BR | $3,500 | $3,057 | +$443 (+14.5%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in October 2020.