Monthly Rent Report
Kensington Rent Report — May 2021
Asking rents in ZIP 11218, New York City, from 159 listings.
Median 1BR rent in Kensington was $1,820 in May 2021, up 4.0% (+$70) from April 2021. The middle half of 1BR listings asked between $1,700 and $2,200. That puts Kensington in line with the New York City citywide 1BR median of $1,820. The month's figures are based on 159 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$250 (-14.3%) | — | $1,400 – $1,795 | 25 |
| Studio | $2,121 | +$371 (+21.2%) | — | $2,103 – $2,138 | 2 |
| 1BR | $1,820 | +$70 (+4.0%) | — | $1,700 – $2,200 | 49 |
| 1BR | $2,762 | +$1,012 (+57.8%) | — | $2,721 – $2,802 | 2 |
| 2BR | $2,200 | $0 (0.0%) | — | $1,999 – $2,500 | 49 |
| 2BR | $2,300 | +$100 (+4.5%) | — | $2,163 – $3,420 | 3 |
| 3BR | $2,300 | −$695 (-23.2%) | — | $2,300 – $2,300 | 1 |
| 3BR | $2,700 | −$295 (-9.9%) | — | $2,600 – $2,888 | 26 |
| 4BR | $5,600 | +$2,600 (+86.7%) | — | $5,600 – $5,600 | 1 |
| 4BR | $3,000 | $0 (0.0%) | — | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Kensington vs. New York City — May 2021
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,661 | −$161 (-9.7%) |
| Studio | $2,121 | $1,661 | +$460 (+27.7%) |
| 1BR | $1,820 | $1,820 | $0 (0.0%) |
| 1BR | $2,762 | $1,820 | +$942 (+51.7%) |
| 2BR | $2,200 | $2,200 | $0 (0.0%) |
| 2BR | $2,300 | $2,200 | +$100 (+4.5%) |
| 3BR | $2,300 | $2,550 | −$250 (-9.8%) |
| 3BR | $2,700 | $2,550 | +$150 (+5.9%) |
| 4BR | $5,600 | $3,400 | +$2,200 (+64.7%) |
| 4BR | $3,000 | $3,400 | −$400 (-11.8%) |
Citywide figure is the median of zip-level medians across 162 New York City zip codes with listings in May 2021.