Monthly Rent Report
Kensington Rent Report — January 2024
Asking rents in ZIP 11218, New York City, from 122 listings.
Median 1BR rent in Kensington was $2,648 in January 2024, up 15.1% (+$348) from December 2023 and up 76.5% year-over-year. The middle half of 1BR listings asked between $2,169 and $2,700. That puts Kensington $298 above the New York City citywide 1BR median of $2,350. The month's figures are based on 122 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,988 | +$38 (+1.9%) | +$138 (+7.5%) | $1,975 – $2,013 | 4 |
| Studio | $1,988 | +$38 (+1.9%) | +$138 (+7.5%) | $1,975 – $2,013 | 4 |
| 1BR | $2,648 | +$348 (+15.1%) | +$1,148 (+76.5%) | $2,169 – $2,700 | 24 |
| 1BR | $2,648 | +$348 (+15.1%) | +$1,148 (+76.5%) | $2,169 – $2,700 | 24 |
| 2BR | $2,750 | +$400 (+17.0%) | +$183 (+7.1%) | $2,500 – $3,000 | 26 |
| 2BR | $2,750 | +$400 (+17.0%) | +$183 (+7.1%) | $2,500 – $3,000 | 26 |
| 3BR | $3,500 | −$100 (-2.8%) | +$175 (+5.3%) | $3,500 – $3,500 | 11 |
| 3BR | $3,500 | −$100 (-2.8%) | +$175 (+5.3%) | $3,500 – $3,500 | 1 |
| 4BR | $4,450 | −$3,800 (-46.1%) | +$500 (+12.7%) | $4,450 – $4,450 | 1 |
| 4BR | $4,450 | −$3,800 (-46.1%) | +$500 (+12.7%) | $4,450 – $4,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Kensington vs. New York City — January 2024
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,988 | $2,338 | −$350 (-15.0%) |
| Studio | $1,988 | $2,338 | −$350 (-15.0%) |
| 1BR | $2,648 | $2,350 | +$298 (+12.7%) |
| 1BR | $2,648 | $2,350 | +$298 (+12.7%) |
| 2BR | $2,750 | $2,885 | −$135 (-4.7%) |
| 2BR | $2,750 | $2,885 | −$135 (-4.7%) |
| 3BR | $3,500 | $3,443 | +$57 (+1.6%) |
| 3BR | $3,500 | $3,443 | +$57 (+1.6%) |
| 4BR | $4,450 | $4,000 | +$450 (+11.3%) |
| 4BR | $4,450 | $4,000 | +$450 (+11.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.