Monthly Rent Report
Kensington Rent Report — March 2022
Asking rents in ZIP 11218, New York City, from 8 listings.
Median 1BR rent in Kensington was $2,325 in March 2022, up 25.7% (+$475) from February 2022 and up 36.8% year-over-year. The middle half of 1BR listings asked between $2,325 and $2,325. That puts Kensington $230 above the New York City citywide 1BR median of $2,095. The month's figures are based on 8 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,938 | +$288 (+17.4%) | +$96 (+5.2%) | $1,744 – $2,131 | 2 |
| 1BR | $2,325 | +$475 (+25.7%) | +$626 (+36.8%) | $2,325 – $2,325 | 1 |
| 2BR | $2,295 | +$195 (+9.3%) | +$95 (+4.3%) | $2,270 – $2,345 | 3 |
| 3BR | $3,199 | +$299 (+10.3%) | −$150 (-4.5%) | $3,199 – $3,199 | 1 |
| 4BR | $3,145 | −$255 (-7.5%) | +$145 (+4.8%) | $3,145 – $3,145 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Kensington vs. New York City — March 2022
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,938 | $1,850 | +$88 (+4.7%) |
| 1BR | $2,325 | $2,095 | +$230 (+11.0%) |
| 2BR | $2,295 | $2,398 | −$102 (-4.3%) |
| 3BR | $3,199 | $2,990 | +$209 (+7.0%) |
| 4BR | $3,145 | $3,398 | −$252 (-7.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2022.