Monthly Rent Report
Kensington Rent Report — April 2024
Asking rents in ZIP 11218, New York City, from 223 listings.
Median 1BR rent in Kensington was $2,600 in April 2024, up 12.7% (+$293) from March 2024 and down 1.9% year-over-year. The middle half of 1BR listings asked between $2,195 and $2,850. That puts Kensington $100 above the New York City citywide 1BR median of $2,500. The month's figures are based on 223 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | +$1,350 (+62.8%) | +$1,350 (+62.8%) | $3,500 – $3,500 | 2 |
| Studio | $2,603 | +$453 (+21.1%) | +$453 (+21.1%) | $2,000 – $4,000 | 14 |
| 1BR | $2,600 | +$293 (+12.7%) | −$50 (-1.9%) | $2,195 – $2,850 | 49 |
| 1BR | $2,600 | +$293 (+12.7%) | −$50 (-1.9%) | $2,225 – $2,850 | 36 |
| 2BR | $2,995 | −$105 (-3.4%) | −$305 (-9.2%) | $2,600 – $3,650 | 57 |
| 2BR | $2,700 | −$400 (-12.9%) | −$600 (-18.2%) | $2,700 – $2,700 | 1 |
| 3BR | $3,600 | +$1,600 (+80.0%) | +$250 (+7.4%) | $3,090 – $5,250 | 12 |
| 3BR | $3,600 | +$1,600 (+80.0%) | +$250 (+7.5%) | $3,098 – $5,425 | 32 |
| 4BR | $3,500 | −$350 (-9.1%) | −$300 (-7.9%) | $3,425 – $3,875 | 6 |
| 4BR | $3,500 | −$350 (-9.1%) | −$300 (-7.9%) | $3,425 – $3,875 | 6 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Kensington vs. New York City — April 2024
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,491 | +$1,009 (+40.5%) |
| Studio | $2,603 | $2,491 | +$112 (+4.5%) |
| 1BR | $2,600 | $2,500 | +$100 (+4.0%) |
| 1BR | $2,600 | $2,500 | +$100 (+4.0%) |
| 2BR | $2,995 | $2,995 | $0 (0.0%) |
| 2BR | $2,700 | $2,995 | −$295 (-9.8%) |
| 3BR | $3,600 | $3,500 | +$100 (+2.8%) |
| 3BR | $3,600 | $3,500 | +$100 (+2.9%) |
| 4BR | $3,500 | $4,270 | −$770 (-18.0%) |
| 4BR | $3,500 | $4,270 | −$770 (-18.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.