Monthly Rent Report
Kensington Rent Report — December 2024
Asking rents in ZIP 11218, New York City, from 29 listings.
Median 1BR rent in Kensington was $2,295 in December 2024, up 35.0% (+$595) from November 2024 and down 0.2% year-over-year. The middle half of 1BR listings asked between $2,245 and $2,398. That puts Kensington $185 below the New York City citywide 1BR median of $2,480. The month's figures are based on 29 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,595 | $0 (0.0%) | +$645 (+33.1%) | $2,595 – $2,747 | 3 |
| Studio | $2,595 | $0 (0.0%) | +$645 (+33.1%) | $2,595 – $2,747 | 3 |
| 1BR | $2,295 | +$595 (+35.0%) | −$5 (-0.2%) | $2,245 – $2,398 | 3 |
| 1BR | $1,800 | +$100 (+5.9%) | −$500 (-21.7%) | $1,800 – $1,800 | 1 |
| 2BR | $2,995 | −$630 (-17.4%) | +$645 (+27.4%) | $2,798 – $2,995 | 3 |
| 2BR | $2,750 | −$875 (-24.1%) | +$400 (+17.0%) | $2,750 – $2,750 | 1 |
| 3BR | $3,700 | −$800 (-17.8%) | +$100 (+2.8%) | $3,700 – $3,700 | 1 |
| 3BR | $3,845 | −$655 (-14.6%) | +$245 (+6.8%) | $3,363 – $3,998 | 6 |
| 4BR | $3,775 | −$675 (-15.2%) | −$4,475 (-54.2%) | $3,463 – $3,900 | 6 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Kensington vs. New York City — December 2024
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,595 | $2,525 | +$70 (+2.8%) |
| Studio | $2,595 | $2,525 | +$70 (+2.8%) |
| 1BR | $2,295 | $2,480 | −$184 (-7.4%) |
| 1BR | $1,800 | $2,480 | −$679 (-27.4%) |
| 2BR | $2,995 | $2,975 | +$20 (+0.7%) |
| 2BR | $2,750 | $2,975 | −$225 (-7.6%) |
| 3BR | $3,700 | $3,546 | +$155 (+4.4%) |
| 3BR | $3,845 | $3,546 | +$300 (+8.4%) |
| 4BR | $3,775 | $4,150 | −$375 (-9.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.