Monthly Rent Report
Kensington Rent Report — June 2024
Asking rents in ZIP 11218, New York City, from 284 listings.
Median 1BR rent in Kensington was $2,842 in June 2024, down 7.4% (−$227) from May 2024 and up 13.7% year-over-year. The middle half of 1BR listings asked between $2,842 and $2,842. That puts Kensington $392 above the New York City citywide 1BR median of $2,450. The month's figures are based on 284 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | −$350 (-16.3%) | −$651 (-26.6%) | $1,800 – $1,800 | 1 |
| Studio | $2,838 | +$688 (+32.0%) | +$387 (+15.8%) | $2,525 – $3,014 | 20 |
| 1BR | $2,842 | −$227 (-7.4%) | +$342 (+13.7%) | $2,842 – $2,842 | 1 |
| 1BR | $3,000 | −$69 (-2.3%) | +$500 (+20.0%) | $2,396 – $3,601 | 94 |
| 2BR | $2,900 | −$1,957 (-40.3%) | +$301 (+11.6%) | $2,600 – $3,356 | 90 |
| 2BR | $4,598 | −$258 (-5.3%) | +$1,999 (+76.9%) | $4,598 – $4,598 | 1 |
| 3BR | $3,500 | +$1,350 (+62.8%) | −$500 (-12.5%) | $3,200 – $3,650 | 63 |
| 3BR | $7,175 | +$5,025 (+233.7%) | +$3,175 (+79.4%) | $7,038 – $7,313 | 2 |
| 4BR | $6,500 | +$2,500 (+62.5%) | +$2,951 (+83.1%) | $3,990 – $8,100 | 5 |
| 4BR | $3,990 | −$10 (-0.3%) | +$441 (+12.4%) | $3,970 – $7,300 | 7 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Kensington vs. New York City — June 2024
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $2,440 | −$640 (-26.2%) |
| Studio | $2,838 | $2,440 | +$398 (+16.3%) |
| 1BR | $2,842 | $2,450 | +$392 (+16.0%) |
| 1BR | $3,000 | $2,450 | +$550 (+22.4%) |
| 2BR | $2,900 | $2,900 | $0 (0.0%) |
| 2BR | $4,598 | $2,900 | +$1,698 (+58.6%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 3BR | $7,175 | $3,600 | +$3,575 (+99.3%) |
| 4BR | $6,500 | $4,256 | +$2,244 (+52.7%) |
| 4BR | $3,990 | $4,256 | −$266 (-6.3%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.