Monthly Rent Report
Kensington Rent Report — September 2022
Asking rents in ZIP 11218, New York City, from 296 listings.
Median 1BR rent in Kensington was $3,000 in September 2022, up 15.6% (+$405) from August 2022 and up 71.4% year-over-year. The middle half of 1BR listings asked between $3,000 and $3,000. That puts Kensington $700 above the New York City citywide 1BR median of $2,300. The month's figures are based on 296 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,925 | −$675 (-26.0%) | +$430 (+28.7%) | $1,750 – $1,999 | 12 |
| Studio | $1,875 | −$725 (-27.9%) | +$380 (+25.4%) | $1,813 – $1,938 | 2 |
| 1BR | $3,000 | +$405 (+15.6%) | +$1,250 (+71.4%) | $3,000 – $3,000 | 1 |
| 1BR | $2,238 | −$357 (-13.8%) | +$488 (+27.9%) | $1,995 – $2,749 | 64 |
| 2BR | $2,950 | +$1,100 (+59.5%) | +$100 (+3.5%) | $2,495 – $3,981 | 90 |
| 2BR | $2,995 | +$1,145 (+61.9%) | +$145 (+5.1%) | $2,495 – $4,000 | 71 |
| 3BR | $3,400 | −$100 (-2.9%) | +$900 (+36.0%) | $3,356 – $3,500 | 20 |
| 3BR | $3,388 | −$112 (-3.2%) | +$888 (+35.5%) | $3,356 – $3,500 | 12 |
| 4BR | $4,000 | +$150 (+3.9%) | +$1,000 (+33.3%) | $3,900 – $4,650 | 9 |
| 4BR | $4,000 | +$150 (+3.9%) | +$1,000 (+33.3%) | $3,750 – $4,750 | 11 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Kensington vs. New York City — September 2022
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,925 | $2,200 | −$275 (-12.5%) |
| Studio | $1,875 | $2,200 | −$325 (-14.8%) |
| 1BR | $3,000 | $2,300 | +$700 (+30.4%) |
| 1BR | $2,238 | $2,300 | −$62 (-2.7%) |
| 2BR | $2,950 | $2,800 | +$150 (+5.4%) |
| 2BR | $2,995 | $2,800 | +$195 (+7.0%) |
| 3BR | $3,400 | $3,395 | +$5 (+0.1%) |
| 3BR | $3,388 | $3,395 | −$7 (-0.2%) |
| 4BR | $4,000 | $3,998 | +$2 (+0.1%) |
| 4BR | $4,000 | $3,998 | +$2 (+0.1%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.