Monthly Rent Report
Kensington Rent Report — February 2024
Asking rents in ZIP 11218, New York City, from 155 listings.
Median 1BR rent in Kensington was $2,698 in February 2024, up 1.9% (+$50) from January 2024 and up 18.6% year-over-year. The middle half of 1BR listings asked between $2,248 and $2,969. That puts Kensington $248 above the New York City citywide 1BR median of $2,450. The month's figures are based on 155 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,050 | +$63 (+3.1%) | +$553 (+36.9%) | $2,050 – $2,238 | 6 |
| Studio | $2,050 | +$63 (+3.1%) | +$553 (+36.9%) | $2,050 – $2,238 | 6 |
| 1BR | $2,698 | +$50 (+1.9%) | +$424 (+18.6%) | $2,248 – $2,969 | 42 |
| 1BR | $2,881 | +$234 (+8.8%) | +$608 (+26.7%) | $2,768 – $2,995 | 2 |
| 2BR | $3,100 | +$350 (+12.7%) | +$650 (+26.5%) | $2,520 – $3,300 | 54 |
| 2BR | $2,450 | −$300 (-10.9%) | $0 (0.0%) | $2,425 – $2,475 | 2 |
| 3BR | $3,700 | +$200 (+5.7%) | +$700 (+23.3%) | $3,575 – $4,075 | 8 |
| 3BR | $3,700 | +$200 (+5.7%) | +$700 (+23.3%) | $3,500 – $4,000 | 29 |
| 4BR | $3,850 | −$600 (-13.5%) | −$4,150 (-51.9%) | $3,850 – $3,950 | 3 |
| 4BR | $3,850 | −$600 (-13.5%) | −$4,150 (-51.9%) | $3,850 – $3,950 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Kensington vs. New York City — February 2024
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,050 | $2,359 | −$309 (-13.1%) |
| Studio | $2,050 | $2,359 | −$309 (-13.1%) |
| 1BR | $2,698 | $2,450 | +$248 (+10.1%) |
| 1BR | $2,881 | $2,450 | +$431 (+17.6%) |
| 2BR | $3,100 | $2,979 | +$121 (+4.1%) |
| 2BR | $2,450 | $2,979 | −$529 (-17.8%) |
| 3BR | $3,700 | $3,500 | +$200 (+5.7%) |
| 3BR | $3,700 | $3,500 | +$200 (+5.7%) |
| 4BR | $3,850 | $4,148 | −$297 (-7.2%) |
| 4BR | $3,850 | $4,148 | −$297 (-7.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.