Monthly Rent Report
Kensington Rent Report — July 2021
Asking rents in ZIP 11218, New York City, from 161 listings.
Median 1BR rent in Kensington was $1,825 in July 2021, down 3.9% (−$75) from June 2021 and down 8.1% year-over-year. The middle half of 1BR listings asked between $1,695 and $2,175. That puts Kensington $66 below the New York City citywide 1BR median of $1,891. The month's figures are based on 161 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,613 | −$9 (-0.6%) | −$86 (-5.1%) | $1,513 – $1,800 | 14 |
| Studio | $1,800 | +$178 (+11.0%) | +$101 (+5.9%) | $1,800 – $1,800 | 1 |
| 1BR | $1,825 | −$75 (-3.9%) | −$160 (-8.1%) | $1,695 – $2,175 | 62 |
| 1BR | $2,750 | +$850 (+44.7%) | +$765 (+38.5%) | $2,727 – $2,875 | 5 |
| 2BR | $2,400 | −$1,152 (-32.4%) | +$100 (+4.3%) | $2,086 – $2,850 | 45 |
| 2BR | $2,976 | −$576 (-16.2%) | +$676 (+29.4%) | $2,306 – $3,634 | 4 |
| 3BR | $2,800 | +$250 (+9.8%) | +$250 (+9.8%) | $2,650 – $3,500 | 17 |
| 3BR | $2,400 | −$150 (-5.9%) | −$150 (-5.9%) | $2,400 – $2,400 | 1 |
| 4BR | $3,000 | −$1,350 (-31.0%) | $0 (0.0%) | $3,000 – $3,000 | 2 |
| 4BR | $3,500 | −$850 (-19.5%) | +$500 (+16.7%) | $3,050 – $4,325 | 6 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Kensington vs. New York City — July 2021
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,613 | $1,785 | −$172 (-9.7%) |
| Studio | $1,800 | $1,785 | +$15 (+0.9%) |
| 1BR | $1,825 | $1,891 | −$66 (-3.5%) |
| 1BR | $2,750 | $1,891 | +$859 (+45.4%) |
| 2BR | $2,400 | $2,250 | +$151 (+6.7%) |
| 2BR | $2,976 | $2,250 | +$727 (+32.3%) |
| 3BR | $2,800 | $2,600 | +$200 (+7.7%) |
| 3BR | $2,400 | $2,600 | −$200 (-7.7%) |
| 4BR | $3,000 | $3,350 | −$350 (-10.4%) |
| 4BR | $3,500 | $3,350 | +$150 (+4.5%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2021.