Monthly Rent Report
Kensington Rent Report — October 2022
Asking rents in ZIP 11218, New York City, from 72 listings.
Median 1BR rent in Kensington was $2,475 in October 2022, down 17.5% (−$525) from September 2022 and down 21.4% year-over-year. The middle half of 1BR listings asked between $2,374 and $3,179. That puts Kensington $220 above the New York City citywide 1BR median of $2,255. The month's figures are based on 72 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | +$125 (+6.7%) | −$247 (-11.0%) | $2,000 – $2,000 | 7 |
| Studio | $1,799 | −$76 (-4.1%) | −$448 (-19.9%) | $1,799 – $1,799 | 1 |
| 1BR | $2,475 | −$525 (-17.5%) | −$675 (-21.4%) | $2,374 – $3,179 | 8 |
| 1BR | $1,350 | −$1,650 (-55.0%) | −$1,800 (-57.1%) | $1,350 – $1,350 | 1 |
| 2BR | $3,000 | +$50 (+1.7%) | +$488 (+19.4%) | $2,399 – $4,377 | 13 |
| 2BR | $2,000 | −$950 (-32.2%) | −$512 (-20.4%) | $2,000 – $2,000 | 1 |
| 3BR | $3,200 | −$200 (-5.9%) | +$700 (+28.0%) | $3,075 – $4,350 | 27 |
| 3BR | $3,350 | −$50 (-1.5%) | +$850 (+34.0%) | $3,050 – $4,138 | 6 |
| 4BR | $8,000 | +$4,000 (+100.0%) | +$4,653 (+139.0%) | $8,000 – $8,000 | 2 |
| 4BR | $8,000 | +$4,000 (+100.0%) | +$4,653 (+139.0%) | $8,000 – $8,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Kensington vs. New York City — October 2022
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $2,283 | −$282 (-12.4%) |
| Studio | $1,799 | $2,283 | −$483 (-21.2%) |
| 1BR | $2,475 | $2,255 | +$220 (+9.7%) |
| 1BR | $1,350 | $2,255 | −$905 (-40.1%) |
| 2BR | $3,000 | $2,700 | +$300 (+11.1%) |
| 2BR | $2,000 | $2,700 | −$700 (-25.9%) |
| 3BR | $3,200 | $3,200 | $0 (0.0%) |
| 3BR | $3,350 | $3,200 | +$150 (+4.7%) |
| 4BR | $8,000 | $3,999 | +$4,001 (+100.1%) |
| 4BR | $8,000 | $3,999 | +$4,001 (+100.1%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.