Monthly Rent Report
Kensington Rent Report — November 2023
Asking rents in ZIP 11218, New York City, from 126 listings.
Median 1BR rent in Kensington was $3,000 in November 2023, up 25.0% (+$600) from October 2023 and up 100.0% year-over-year. The middle half of 1BR listings asked between $3,000 and $3,000. That puts Kensington $600 above the New York City citywide 1BR median of $2,400. The month's figures are based on 126 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,875 | −$377 (-16.7%) | −$24 (-1.3%) | $1,850 – $1,938 | 4 |
| Studio | $1,875 | −$377 (-16.7%) | −$24 (-1.3%) | $1,850 – $1,938 | 4 |
| 1BR | $3,000 | +$600 (+25.0%) | +$1,500 (+100.0%) | $3,000 – $3,000 | 1 |
| 1BR | $2,495 | +$95 (+4.0%) | +$995 (+66.3%) | $2,285 – $2,645 | 55 |
| 2BR | $2,999 | −$1,577 (-34.5%) | +$804 (+36.6%) | $2,650 – $3,200 | 41 |
| 2BR | $4,359 | −$217 (-4.8%) | +$2,164 (+98.6%) | $4,359 – $4,359 | 1 |
| 3BR | $3,200 | −$948 (-22.9%) | −$199 (-5.9%) | $3,023 – $3,250 | 11 |
| 3BR | $2,850 | −$1,298 (-31.3%) | −$549 (-16.2%) | $2,850 – $2,850 | 1 |
| 4BR | $8,250 | +$4,555 (+123.3%) | +$4,355 (+111.8%) | $5,675 – $8,250 | 3 |
| 4BR | $8,250 | +$4,555 (+123.3%) | +$4,355 (+111.8%) | $5,675 – $8,250 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Kensington vs. New York City — November 2023
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,875 | $2,395 | −$520 (-21.7%) |
| Studio | $1,875 | $2,395 | −$520 (-21.7%) |
| 1BR | $3,000 | $2,400 | +$600 (+25.0%) |
| 1BR | $2,495 | $2,400 | +$95 (+4.0%) |
| 2BR | $2,999 | $2,798 | +$202 (+7.2%) |
| 2BR | $4,359 | $2,798 | +$1,562 (+55.8%) |
| 3BR | $3,200 | $3,300 | −$100 (-3.0%) |
| 3BR | $2,850 | $3,300 | −$450 (-13.6%) |
| 4BR | $8,250 | $4,199 | +$4,051 (+96.5%) |
| 4BR | $8,250 | $4,199 | +$4,051 (+96.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.