Monthly Rent Report
Forest Hills Rent Report — February 2023
Asking rents in ZIP 11375, New York City, from 112 listings.
Median 1BR rent in Forest Hills was $2,000 in February 2023, down 12.0% (−$272) from January 2023. The middle half of 1BR listings asked between $2,000 and $2,125. That puts Forest Hills $200 below the New York City citywide 1BR median of $2,200. The month's figures are based on 112 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,725 | −$945 (-35.4%) | — | $1,688 – $1,763 | 2 |
| Studio | $1,700 | −$970 (-36.3%) | — | $1,700 – $1,774 | 6 |
| 1BR | $2,000 | −$272 (-12.0%) | — | $2,000 – $2,125 | 3 |
| 1BR | $2,178 | −$95 (-4.2%) | — | $2,075 – $2,361 | 32 |
| 1BR | $2,950 | +$678 (+29.8%) | — | $2,900 – $3,025 | 4 |
| 2BR | $2,995 | +$100 (+3.5%) | — | $2,500 – $3,275 | 43 |
| 2BR | $2,800 | −$95 (-3.3%) | — | $2,800 – $2,800 | 2 |
| 2BR | $4,060 | +$1,165 (+40.2%) | — | $3,865 – $4,220 | 3 |
| 3BR | $3,000 | −$1,210 (-28.7%) | — | $3,000 – $3,000 | 1 |
| 3BR | $3,200 | −$1,010 (-24.0%) | — | $3,200 – $3,997 | 7 |
| 3BR | $3,200 | −$1,010 (-24.0%) | — | $3,100 – $3,997 | 7 |
| 4BR | $3,500 | −$1,510 (-30.1%) | — | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | −$1,510 (-30.1%) | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — February 2023
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,725 | $2,260 | −$535 (-23.7%) |
| Studio | $1,700 | $2,260 | −$560 (-24.8%) |
| 1BR | $2,000 | $2,200 | −$199 (-9.1%) |
| 1BR | $2,178 | $2,200 | −$22 (-1.0%) |
| 1BR | $2,950 | $2,200 | +$751 (+34.1%) |
| 2BR | $2,995 | $2,695 | +$300 (+11.1%) |
| 2BR | $2,800 | $2,695 | +$105 (+3.9%) |
| 2BR | $4,060 | $2,695 | +$1,365 (+50.6%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 3BR | $3,200 | $3,200 | $0 (0.0%) |
| 3BR | $3,200 | $3,200 | $0 (0.0%) |
| 4BR | $3,500 | $3,800 | −$300 (-7.9%) |
| 4BR | $3,500 | $3,800 | −$300 (-7.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.