Monthly Rent Report
Kensington Rent Report — January 2023
Asking rents in ZIP 11218, New York City, from 218 listings.
Median 1BR rent in Kensington was $2,550 in January 2023, up 2.0% (+$50) from December 2022 and up 15.9% year-over-year. The middle half of 1BR listings asked between $2,188 and $3,163. That puts Kensington $261 above the New York City citywide 1BR median of $2,289. The month's figures are based on 218 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,899 | $0 (0.0%) | +$152 (+8.7%) | $1,800 – $1,899 | 5 |
| Studio | $1,850 | −$49 (-2.6%) | +$102 (+5.8%) | $1,500 – $2,200 | 12 |
| 1BR | $2,550 | +$50 (+2.0%) | +$350 (+15.9%) | $2,188 – $3,163 | 80 |
| 1BR | $1,500 | −$1,000 (-40.0%) | −$700 (-31.8%) | $1,500 – $1,500 | 1 |
| 2BR | $2,575 | −$275 (-9.6%) | +$375 (+17.0%) | $2,425 – $3,200 | 22 |
| 2BR | $2,568 | −$282 (-9.9%) | +$368 (+16.7%) | $2,400 – $3,200 | 56 |
| 3BR | $3,325 | −$225 (-6.3%) | +$675 (+25.5%) | $3,000 – $3,681 | 32 |
| 3BR | $3,400 | −$150 (-4.2%) | +$750 (+28.3%) | $3,400 – $3,400 | 1 |
| 4BR | $3,950 | +$550 (+16.2%) | +$455 (+13.0%) | $3,238 – $4,100 | 6 |
| 4BR | $3,475 | +$75 (+2.2%) | −$20 (-0.6%) | $3,238 – $3,713 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Kensington vs. New York City — January 2023
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,899 | $2,197 | −$298 (-13.6%) |
| Studio | $1,850 | $2,197 | −$347 (-15.8%) |
| 1BR | $2,550 | $2,289 | +$261 (+11.4%) |
| 1BR | $1,500 | $2,289 | −$789 (-34.5%) |
| 2BR | $2,575 | $2,700 | −$125 (-4.6%) |
| 2BR | $2,568 | $2,700 | −$132 (-4.9%) |
| 3BR | $3,325 | $3,200 | +$125 (+3.9%) |
| 3BR | $3,400 | $3,200 | +$200 (+6.3%) |
| 4BR | $3,950 | $3,861 | +$89 (+2.3%) |
| 4BR | $3,475 | $3,861 | −$386 (-10.0%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.