Monthly Rent Report
Kensington Rent Report — November 2024
Asking rents in ZIP 11218, New York City, from 17 listings.
Median 1BR rent in Kensington was $3,250 in November 2024, up 140.7% (+$1,900) from October 2024 and up 8.3% year-over-year. The middle half of 1BR listings asked between $3,250 and $3,250. That puts Kensington $800 above the New York City citywide 1BR median of $2,450. The month's figures are based on 17 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,595 | $0 (0.0%) | +$720 (+38.4%) | $2,595 – $2,595 | 1 |
| 1BR | $3,250 | +$1,900 (+140.7%) | +$250 (+8.3%) | $3,250 – $3,250 | 1 |
| 1BR | $1,700 | +$350 (+25.9%) | −$1,300 (-43.3%) | $1,700 – $1,700 | 1 |
| 2BR | $3,625 | +$525 (+16.9%) | −$734 (-16.8%) | $3,625 – $3,625 | 2 |
| 2BR | $3,625 | +$525 (+16.9%) | −$734 (-16.8%) | $3,625 – $3,625 | 2 |
| 3BR | $4,500 | +$700 (+18.4%) | +$1,650 (+57.9%) | $3,950 – $4,900 | 9 |
| 4BR | $4,450 | +$250 (+6.0%) | −$3,800 (-46.1%) | $4,450 – $4,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Kensington vs. New York City — November 2024
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,595 | $2,383 | +$212 (+8.9%) |
| 1BR | $3,250 | $2,450 | +$800 (+32.7%) |
| 1BR | $1,700 | $2,450 | −$750 (-30.6%) |
| 2BR | $3,625 | $2,950 | +$675 (+22.9%) |
| 2BR | $3,625 | $2,950 | +$675 (+22.9%) |
| 3BR | $4,500 | $3,600 | +$900 (+25.0%) |
| 4BR | $4,450 | $4,375 | +$75 (+1.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.