Monthly Rent Report
Kensington Rent Report — February 2023
Asking rents in ZIP 11218, New York City, from 97 listings.
Median 1BR rent in Kensington was $2,475 in February 2023, down 2.9% (−$75) from January 2023 and up 33.8% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,995. That puts Kensington $276 above the New York City citywide 1BR median of $2,200. The month's figures are based on 97 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,498 | −$401 (-21.1%) | −$152 (-9.2%) | $1,399 – $1,596 | 2 |
| Studio | $1,498 | −$401 (-21.1%) | −$152 (-9.2%) | $1,399 – $1,596 | 2 |
| 1BR | $2,475 | −$75 (-2.9%) | +$625 (+33.8%) | $2,000 – $2,995 | 24 |
| 1BR | $2,274 | −$276 (-10.8%) | +$424 (+22.9%) | $2,137 – $2,410 | 2 |
| 2BR | $2,450 | −$117 (-4.6%) | +$350 (+16.7%) | $2,450 – $2,450 | 1 |
| 2BR | $2,700 | +$133 (+5.2%) | +$600 (+28.6%) | $2,550 – $3,000 | 37 |
| 3BR | $3,000 | −$325 (-9.8%) | +$100 (+3.4%) | $2,745 – $3,400 | 20 |
| 3BR | $3,000 | −$325 (-9.8%) | +$100 (+3.4%) | $3,000 – $3,000 | 2 |
| 4BR | $8,000 | +$4,050 (+102.5%) | +$4,600 (+135.3%) | $7,100 – $8,750 | 6 |
| 4BR | $8,000 | +$4,050 (+102.5%) | +$4,600 (+135.3%) | $8,000 – $8,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Kensington vs. New York City — February 2023
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,498 | $2,260 | −$762 (-33.7%) |
| Studio | $1,498 | $2,260 | −$762 (-33.7%) |
| 1BR | $2,475 | $2,200 | +$276 (+12.5%) |
| 1BR | $2,274 | $2,200 | +$74 (+3.4%) |
| 2BR | $2,450 | $2,695 | −$245 (-9.1%) |
| 2BR | $2,700 | $2,695 | +$5 (+0.2%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 4BR | $8,000 | $3,800 | +$4,200 (+110.5%) |
| 4BR | $8,000 | $3,800 | +$4,200 (+110.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.