Monthly Rent Report
Forest Hills Rent Report — March 2023
Asking rents in ZIP 11375, New York City, from 164 listings.
Median 1BR rent in Forest Hills was $3,000 in March 2023, up 1.7% (+$50) from February 2023. The middle half of 1BR listings asked between $2,813 and $3,091. That puts Forest Hills $701 above the New York City citywide 1BR median of $2,299. The month's figures are based on 164 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,725 | $0 (0.0%) | — | $1,599 – $1,850 | 4 |
| Studio | $1,700 | −$25 (-1.4%) | — | $1,600 – $1,738 | 15 |
| Studio | $1,713 | −$12 (-0.7%) | — | $1,650 – $1,838 | 18 |
| Studio | $1,725 | $0 (0.0%) | — | $1,700 – $1,725 | 5 |
| 1BR | $3,000 | +$50 (+1.7%) | — | $2,813 – $3,091 | 4 |
| 1BR | $2,200 | −$750 (-25.4%) | — | $2,200 – $2,200 | 1 |
| 1BR | $2,350 | −$600 (-20.3%) | — | $2,071 – $2,938 | 42 |
| 1BR | $3,880 | +$930 (+31.5%) | — | $3,140 – $3,880 | 3 |
| 2BR | $2,700 | −$100 (-3.6%) | — | $2,700 – $2,700 | 1 |
| 2BR | $3,835 | +$1,035 (+37.0%) | — | $3,618 – $4,053 | 2 |
| 2BR | $2,850 | +$50 (+1.8%) | — | $2,695 – $3,200 | 45 |
| 2BR | $2,800 | $0 (0.0%) | — | $2,800 – $2,800 | 1 |
| 3BR | $3,500 | +$300 (+9.4%) | — | $3,200 – $4,195 | 13 |
| 3BR | $4,800 | +$1,600 (+50.0%) | — | $4,800 – $4,800 | 1 |
| 3BR | $5,500 | +$2,300 (+71.9%) | — | $4,800 – $5,500 | 5 |
| 4BR | $7,000 | +$3,500 (+100.0%) | — | $6,423 – $7,000 | 3 |
| 4BR | $5,845 | +$2,345 (+67.0%) | — | $5,845 – $5,845 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — March 2023
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,725 | $2,200 | −$475 (-21.6%) |
| Studio | $1,700 | $2,200 | −$500 (-22.7%) |
| Studio | $1,713 | $2,200 | −$487 (-22.2%) |
| Studio | $1,725 | $2,200 | −$475 (-21.6%) |
| 1BR | $3,000 | $2,299 | +$701 (+30.5%) |
| 1BR | $2,200 | $2,299 | −$99 (-4.3%) |
| 1BR | $2,350 | $2,299 | +$51 (+2.2%) |
| 1BR | $3,880 | $2,299 | +$1,581 (+68.8%) |
| 2BR | $2,700 | $2,650 | +$50 (+1.9%) |
| 2BR | $3,835 | $2,650 | +$1,185 (+44.7%) |
| 2BR | $2,850 | $2,650 | +$200 (+7.5%) |
| 2BR | $2,800 | $2,650 | +$150 (+5.7%) |
| 3BR | $3,500 | $3,200 | +$300 (+9.4%) |
| 3BR | $4,800 | $3,200 | +$1,600 (+50.0%) |
| 3BR | $5,500 | $3,200 | +$2,300 (+71.9%) |
| 4BR | $7,000 | $3,995 | +$3,005 (+75.2%) |
| 4BR | $5,845 | $3,995 | +$1,850 (+46.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.