Monthly Rent Report
Kensington Rent Report — August 2022
Asking rents in ZIP 11218, New York City, from 150 listings.
Median 1BR rent in Kensington was $2,595 in August 2022, up 44.2% (+$795) from July 2022 and up 44.6% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,700. That puts Kensington $245 above the New York City citywide 1BR median of $2,350. The month's figures are based on 150 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,875 | +$200 (+11.9%) | −$490 (-20.7%) | $1,725 – $2,200 | 12 |
| Studio | $2,600 | +$925 (+55.2%) | +$235 (+9.9%) | $2,600 – $2,600 | 1 |
| 1BR | $2,595 | +$795 (+44.2%) | +$800 (+44.6%) | $2,100 – $2,700 | 39 |
| 1BR | $3,425 | +$1,625 (+90.3%) | +$1,630 (+90.8%) | $3,425 – $3,425 | 1 |
| 2BR | $1,850 | −$950 (-33.9%) | −$400 (-17.8%) | $1,850 – $1,850 | 1 |
| 2BR | $2,999 | +$199 (+7.1%) | +$749 (+33.3%) | $2,600 – $3,750 | 49 |
| 3BR | $3,500 | +$5 (+0.1%) | +$1,001 (+40.1%) | $3,338 – $4,000 | 22 |
| 3BR | $3,500 | +$5 (+0.1%) | +$1,001 (+40.1%) | $3,450 – $4,375 | 10 |
| 4BR | $3,900 | +$200 (+5.4%) | +$900 (+30.0%) | $3,700 – $4,000 | 9 |
| 4BR | $3,850 | +$150 (+4.1%) | +$850 (+28.3%) | $3,775 – $3,975 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Kensington vs. New York City — August 2022
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,875 | $2,300 | −$425 (-18.5%) |
| Studio | $2,600 | $2,300 | +$300 (+13.0%) |
| 1BR | $2,595 | $2,350 | +$245 (+10.4%) |
| 1BR | $3,425 | $2,350 | +$1,075 (+45.7%) |
| 2BR | $1,850 | $2,800 | −$950 (-33.9%) |
| 2BR | $2,999 | $2,800 | +$199 (+7.1%) |
| 3BR | $3,500 | $3,350 | +$150 (+4.5%) |
| 3BR | $3,500 | $3,350 | +$150 (+4.5%) |
| 4BR | $3,900 | $4,224 | −$324 (-7.7%) |
| 4BR | $3,850 | $4,224 | −$374 (-8.8%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.