Monthly Rent Report
Kensington Rent Report — June 2022
Asking rents in ZIP 11218, New York City, from 34 listings.
Median 1BR rent in Kensington was $3,400 in June 2022, up 36.0% (+$900) from May 2022 and up 47.1% year-over-year. The middle half of 1BR listings asked between $3,400 and $3,400. That puts Kensington $1,160 above the New York City citywide 1BR median of $2,240. The month's figures are based on 34 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,565 | −$585 (-18.6%) | +$790 (+44.5%) | $2,188 – $2,798 | 7 |
| 1BR | $3,400 | +$900 (+36.0%) | +$1,089 (+47.1%) | $3,400 – $3,400 | 1 |
| 1BR | $2,550 | +$50 (+2.0%) | +$239 (+10.3%) | $2,325 – $2,775 | 2 |
| 2BR | $3,250 | +$987 (+43.6%) | −$302 (-8.5%) | $2,623 – $3,375 | 3 |
| 2BR | $2,690 | +$427 (+18.8%) | −$862 (-24.3%) | $2,690 – $2,690 | 1 |
| 3BR | $2,999 | −$772 (-20.5%) | −$2,180 (-42.1%) | $2,999 – $2,999 | 1 |
| 3BR | $3,600 | −$171 (-4.5%) | −$1,579 (-30.5%) | $2,737 – $4,863 | 14 |
| 4BR | $3,100 | −$360 (-10.4%) | +$100 (+3.3%) | $2,800 – $3,400 | 4 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Kensington vs. New York City — June 2022
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,565 | $2,078 | +$487 (+23.4%) |
| 1BR | $3,400 | $2,240 | +$1,160 (+51.8%) |
| 1BR | $2,550 | $2,240 | +$310 (+13.8%) |
| 2BR | $3,250 | $2,600 | +$650 (+25.0%) |
| 2BR | $2,690 | $2,600 | +$90 (+3.5%) |
| 3BR | $2,999 | $3,200 | −$201 (-6.3%) |
| 3BR | $3,600 | $3,200 | +$400 (+12.5%) |
| 4BR | $3,100 | $4,400 | −$1,300 (-29.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2022.