Monthly Rent Report
Kensington Rent Report — September 2024
Asking rents in ZIP 11218, New York City, from 105 listings.
Median 1BR rent in Kensington was $4,000 in September 2024, up 19.4% (+$650) from August 2024 and up 56.9% year-over-year. The middle half of 1BR listings asked between $4,000 and $4,000. That puts Kensington $1,607 above the New York City citywide 1BR median of $2,393. The month's figures are based on 105 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | −$552 (-22.5%) | −$25 (-1.3%) | $1,900 – $2,552 | 11 |
| 1BR | $4,000 | +$650 (+19.4%) | +$1,450 (+56.9%) | $4,000 – $4,000 | 1 |
| 2BR | $2,900 | −$1,504 (-34.2%) | +$700 (+31.8%) | $2,600 – $3,500 | 68 |
| 3BR | $3,800 | +$975 (+34.5%) | +$450 (+13.4%) | $3,549 – $4,238 | 22 |
| 4BR | $4,475 | −$475 (-9.6%) | +$780 (+21.1%) | $4,238 – $4,713 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Kensington vs. New York City — September 2024
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $2,369 | −$469 (-19.8%) |
| 1BR | $4,000 | $2,393 | +$1,607 (+67.2%) |
| 2BR | $2,900 | $2,900 | $0 (0.0%) |
| 3BR | $3,800 | $3,598 | +$203 (+5.6%) |
| 4BR | $4,475 | $4,295 | +$180 (+4.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.