Monthly Rent Report
Kensington Rent Report — August 2021
Asking rents in ZIP 11218, New York City, from 191 listings.
Median 1BR rent in Kensington was $2,872 in August 2021, up 4.4% (+$122) from July 2021 and up 55.1% year-over-year. The middle half of 1BR listings asked between $2,799 and $2,946. That puts Kensington $1,012 above the New York City citywide 1BR median of $1,860. The month's figures are based on 191 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,365 | +$565 (+31.4%) | +$615 (+35.1%) | $2,365 – $2,365 | 1 |
| Studio | $1,750 | −$50 (-2.8%) | $0 (0.0%) | $1,590 – $2,000 | 13 |
| 1BR | $2,872 | +$122 (+4.4%) | +$1,021 (+55.1%) | $2,799 – $2,946 | 2 |
| 1BR | $1,795 | −$955 (-34.7%) | −$56 (-3.1%) | $1,660 – $2,200 | 57 |
| 2BR | $2,250 | −$726 (-24.4%) | +$550 (+32.4%) | $2,225 – $2,275 | 2 |
| 2BR | $2,200 | −$776 (-26.1%) | +$500 (+29.4%) | $2,000 – $2,500 | 79 |
| 3BR | $2,499 | −$301 (-10.8%) | −$101 (-3.9%) | $2,499 – $2,499 | 2 |
| 3BR | $2,625 | −$175 (-6.3%) | +$25 (+1.0%) | $2,499 – $2,838 | 22 |
| 4BR | $3,000 | $0 (0.0%) | $0 (0.0%) | $3,000 – $3,000 | 4 |
| 4BR | $3,000 | $0 (0.0%) | $0 (0.0%) | $3,000 – $3,500 | 9 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Kensington vs. New York City — August 2021
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,365 | $1,749 | +$616 (+35.2%) |
| Studio | $1,750 | $1,749 | +$1 (+0.1%) |
| 1BR | $2,872 | $1,860 | +$1,012 (+54.4%) |
| 1BR | $1,795 | $1,860 | −$65 (-3.5%) |
| 2BR | $2,250 | $2,275 | −$25 (-1.1%) |
| 2BR | $2,200 | $2,275 | −$75 (-3.3%) |
| 3BR | $2,499 | $2,648 | −$148 (-5.6%) |
| 3BR | $2,625 | $2,648 | −$22 (-0.8%) |
| 4BR | $3,000 | $3,350 | −$350 (-10.4%) |
| 4BR | $3,000 | $3,350 | −$350 (-10.4%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.