Monthly Rent Report
Kensington Rent Report — May 2025
Asking rents in ZIP 11218, New York City, from 37 listings.
Median 1BR rent in Kensington was $3,850 in May 2025, up 28.8% (+$860) from April 2025 and up 48.1% year-over-year. The middle half of 1BR listings asked between $3,575 and $4,034. That puts Kensington $1,009 above the New York City citywide 1BR median of $2,841. The month's figures are based on 37 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$1,048 (-38.1%) | −$450 (-20.9%) | $1,700 – $1,700 | 1 |
| Studio | $2,749 | +$1 (+0.0%) | +$599 (+27.8%) | $2,748 – $2,749 | 2 |
| 1BR | $3,850 | +$860 (+28.8%) | +$1,250 (+48.1%) | $3,575 – $4,034 | 16 |
| 1BR | $3,387 | +$397 (+13.3%) | +$787 (+30.3%) | $3,387 – $3,387 | 1 |
| 2BR | $2,399 | −$701 (-22.6%) | −$601 (-20.0%) | $2,399 – $2,399 | 1 |
| 2BR | $5,000 | +$1,900 (+61.3%) | +$2,000 (+66.7%) | $4,823 – $5,861 | 7 |
| 3BR | $3,500 | −$35 (-1.0%) | $0 (0.0%) | $3,500 – $3,500 | 1 |
| 3BR | $3,500 | −$35 (-1.0%) | $0 (0.0%) | $3,500 – $3,500 | 3 |
| 4BR | $3,850 | −$150 (-3.8%) | −$150 (-3.8%) | $3,650 – $4,074 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Kensington vs. New York City — May 2025
| Bedrooms | Kensington Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $2,799 | −$1,099 (-39.3%) |
| Studio | $2,749 | $2,799 | −$50 (-1.8%) |
| 1BR | $3,850 | $2,841 | +$1,009 (+35.5%) |
| 1BR | $3,387 | $2,841 | +$546 (+19.2%) |
| 2BR | $2,399 | $3,263 | −$863 (-26.5%) |
| 2BR | $5,000 | $3,263 | +$1,738 (+53.3%) |
| 3BR | $3,500 | $3,777 | −$277 (-7.3%) |
| 3BR | $3,500 | $3,777 | −$277 (-7.3%) |
| 4BR | $3,850 | $4,345 | −$495 (-11.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.