Monthly Rent Report
Kensington Rent Report — July 2022
Asking rents in ZIP 11218, New York City, from 122 listings.
Median 1BR rent in Kensington was $1,800 in July 2022, down 47.1% (−$1,600) from June 2022 and down 1.4% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Kensington $466 below the New York City citywide 1BR median of $2,266. The month's figures are based on 122 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | −$890 (-34.7%) | +$63 (+3.9%) | $1,675 – $1,999 | 5 |
| Studio | $1,837 | −$728 (-28.4%) | +$225 (+13.9%) | $1,675 – $2,124 | 4 |
| 1BR | $1,800 | −$1,600 (-47.1%) | −$25 (-1.4%) | $1,800 – $1,800 | 1 |
| 1BR | $2,000 | −$1,400 (-41.2%) | +$175 (+9.6%) | $1,845 – $2,376 | 23 |
| 2BR | $2,900 | −$350 (-10.8%) | −$76 (-2.6%) | $2,600 – $3,500 | 25 |
| 2BR | $2,800 | −$450 (-13.8%) | −$176 (-5.9%) | $2,675 – $2,925 | 2 |
| 3BR | $3,500 | +$501 (+16.7%) | +$700 (+25.0%) | $3,000 – $3,709 | 32 |
| 3BR | $3,495 | +$496 (+16.5%) | +$695 (+24.8%) | $3,195 – $3,500 | 21 |
| 4BR | $3,600 | +$500 (+16.1%) | +$100 (+2.9%) | $3,600 – $3,600 | 1 |
| 4BR | $3,700 | +$600 (+19.4%) | +$200 (+5.7%) | $3,600 – $3,700 | 5 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Kensington vs. New York City — July 2022
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $2,245 | −$570 (-25.4%) |
| Studio | $1,837 | $2,245 | −$408 (-18.2%) |
| 1BR | $1,800 | $2,266 | −$466 (-20.6%) |
| 1BR | $2,000 | $2,266 | −$266 (-11.7%) |
| 2BR | $2,900 | $2,800 | +$100 (+3.6%) |
| 2BR | $2,800 | $2,800 | $0 (0.0%) |
| 3BR | $3,500 | $3,250 | +$250 (+7.7%) |
| 3BR | $3,495 | $3,250 | +$245 (+7.5%) |
| 4BR | $3,600 | $4,495 | −$895 (-19.9%) |
| 4BR | $3,700 | $4,495 | −$795 (-17.7%) |
Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in July 2022.