Monthly Rent Report
Kensington Rent Report — April 2023
Asking rents in ZIP 11218, New York City, from 108 listings.
Median 1BR rent in Kensington was $1,385 in April 2023, down 41.1% (−$964) from March 2023 and down 51.3% year-over-year. The middle half of 1BR listings asked between $1,385 and $1,385. That puts Kensington $988 below the New York City citywide 1BR median of $2,373. The month's figures are based on 108 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,150 | +$148 (+7.4%) | +$376 (+21.2%) | $2,150 – $2,150 | 1 |
| Studio | $5,475 | +$3,473 (+173.4%) | +$3,701 (+208.5%) | $3,813 – $7,138 | 2 |
| 1BR | $1,385 | −$964 (-41.1%) | −$1,457 (-51.3%) | $1,385 – $1,385 | 1 |
| 1BR | $2,650 | +$301 (+12.8%) | −$192 (-6.8%) | $2,300 – $3,250 | 33 |
| 2BR | $3,300 | +$450 (+15.8%) | +$300 (+10.0%) | $2,694 – $4,000 | 19 |
| 2BR | $3,300 | +$450 (+15.8%) | +$300 (+10.0%) | $2,600 – $3,750 | 21 |
| 3BR | $3,350 | −$74 (-2.2%) | +$275 (+8.9%) | $2,699 – $3,500 | 13 |
| 3BR | $3,350 | −$74 (-2.2%) | +$275 (+8.9%) | $2,699 – $3,500 | 13 |
| 4BR | $3,600 | −$2,150 (-37.4%) | +$701 (+24.2%) | $3,500 – $3,725 | 4 |
| 4BR | $3,800 | −$1,950 (-33.9%) | +$901 (+31.1%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Kensington vs. New York City — April 2023
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,150 | $2,349 | −$199 (-8.5%) |
| Studio | $5,475 | $2,349 | +$3,126 (+133.1%) |
| 1BR | $1,385 | $2,373 | −$987 (-41.6%) |
| 1BR | $2,650 | $2,373 | +$278 (+11.7%) |
| 2BR | $3,300 | $2,795 | +$505 (+18.1%) |
| 2BR | $3,300 | $2,795 | +$505 (+18.1%) |
| 3BR | $3,350 | $3,200 | +$150 (+4.7%) |
| 3BR | $3,350 | $3,200 | +$150 (+4.7%) |
| 4BR | $3,600 | $4,148 | −$547 (-13.2%) |
| 4BR | $3,800 | $4,148 | −$347 (-8.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.