Monthly Rent Report
Kensington Rent Report — May 2022
Asking rents in ZIP 11218, New York City, from 13 listings.
Median 1BR rent in Kensington was $2,500 in May 2022, down 12.0% (−$342) from April 2022 and up 37.4% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,500. That puts Kensington $438 above the New York City citywide 1BR median of $2,063. The month's figures are based on 13 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,150 | +$1,376 (+77.5%) | +$1,030 (+48.5%) | $3,150 – $3,150 | 1 |
| 1BR | $2,500 | −$342 (-12.0%) | +$680 (+37.4%) | $2,500 – $2,500 | 1 |
| 2BR | $2,264 | −$736 (-24.6%) | −$36 (-1.6%) | $2,220 – $2,307 | 2 |
| 3BR | $3,771 | +$696 (+22.6%) | +$1,471 (+64.0%) | $3,771 – $3,771 | 1 |
| 4BR | $3,460 | +$561 (+19.4%) | +$460 (+15.3%) | $2,799 – $3,995 | 8 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Kensington vs. New York City — May 2022
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,150 | $1,875 | +$1,275 (+68.0%) |
| 1BR | $2,500 | $2,063 | +$438 (+21.2%) |
| 2BR | $2,264 | $2,499 | −$235 (-9.4%) |
| 3BR | $3,771 | $2,950 | +$821 (+27.8%) |
| 4BR | $3,460 | $3,600 | −$140 (-3.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.