Monthly Rent Report
Kensington Rent Report — December 2022
Asking rents in ZIP 11218, New York City, from 120 listings.
Median 1BR rent in Kensington was $2,500 in December 2022, down 4.8% (−$125) from November 2022 and down 18.2% year-over-year. The middle half of 1BR listings asked between $2,099 and $2,750. That puts Kensington $279 above the New York City citywide 1BR median of $2,222. The month's figures are based on 120 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,899 | $0 (0.0%) | +$199 (+11.7%) | $1,899 – $1,899 | 8 |
| Studio | $1,899 | $0 (0.0%) | +$199 (+11.7%) | $1,899 – $1,899 | 1 |
| 1BR | $2,500 | −$125 (-4.8%) | −$555 (-18.2%) | $2,099 – $2,750 | 37 |
| 1BR | $3,595 | +$970 (+37.0%) | +$540 (+17.7%) | $3,498 – $3,693 | 2 |
| 2BR | $2,850 | +$360 (+14.5%) | +$863 (+43.4%) | $2,300 – $3,195 | 37 |
| 2BR | $2,850 | +$360 (+14.5%) | +$863 (+43.4%) | $2,300 – $3,875 | 19 |
| 3BR | $2,000 | −$1,399 (-41.2%) | −$1,000 (-33.3%) | $2,000 – $2,000 | 1 |
| 3BR | $3,550 | +$151 (+4.4%) | +$550 (+18.3%) | $3,275 – $3,600 | 10 |
| 4BR | $3,500 | −$395 (-10.1%) | +$300 (+9.4%) | $3,500 – $3,500 | 1 |
| 4BR | $3,400 | −$495 (-12.7%) | +$200 (+6.3%) | $3,213 – $3,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Kensington vs. New York City — December 2022
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,899 | $2,098 | −$198 (-9.5%) |
| Studio | $1,899 | $2,098 | −$198 (-9.5%) |
| 1BR | $2,500 | $2,222 | +$279 (+12.5%) |
| 1BR | $3,595 | $2,222 | +$1,374 (+61.8%) |
| 2BR | $2,850 | $2,700 | +$150 (+5.6%) |
| 2BR | $2,850 | $2,700 | +$150 (+5.6%) |
| 3BR | $2,000 | $3,200 | −$1,200 (-37.5%) |
| 3BR | $3,550 | $3,200 | +$350 (+10.9%) |
| 4BR | $3,500 | $3,750 | −$250 (-6.7%) |
| 4BR | $3,400 | $3,750 | −$350 (-9.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.