Monthly Rent Report
Forest Hills Rent Report — May 2023
Asking rents in ZIP 11375, New York City, from 133 listings.
Median 1BR rent in Forest Hills was $2,150 in May 2023, down 36.9% (−$1,255) from April 2023. The middle half of 1BR listings asked between $2,150 and $2,150. That puts Forest Hills $327 below the New York City citywide 1BR median of $2,477. The month's figures are based on 133 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | $0 (0.0%) | — | $2,000 – $2,000 | 1 |
| Studio | $2,930 | +$930 (+46.5%) | — | $2,855 – $3,018 | 4 |
| Studio | $1,895 | −$105 (-5.3%) | — | $1,700 – $2,400 | 13 |
| Studio | $3,060 | +$1,060 (+53.0%) | — | $2,978 – $3,088 | 4 |
| 1BR | $2,150 | −$1,255 (-36.9%) | — | $2,150 – $2,150 | 1 |
| 1BR | $2,250 | −$1,155 (-33.9%) | — | $2,175 – $2,388 | 4 |
| 1BR | $3,325 | −$80 (-2.3%) | — | $3,268 – $3,333 | 3 |
| 1BR | $2,600 | −$805 (-23.6%) | — | $2,175 – $2,829 | 39 |
| 2BR | $3,850 | −$270 (-6.6%) | — | $3,763 – $4,003 | 3 |
| 2BR | $2,850 | −$1,270 (-30.8%) | — | $2,850 – $2,850 | 1 |
| 2BR | $2,800 | −$1,320 (-32.0%) | — | $2,600 – $2,950 | 40 |
| 3BR | $3,400 | −$1,310 (-27.8%) | — | $3,400 – $3,400 | 1 |
| 3BR | $3,595 | −$1,115 (-23.7%) | — | $3,200 – $4,048 | 12 |
| 3BR | $4,680 | −$30 (-0.6%) | — | $4,680 – $4,680 | 1 |
| 4BR | $6,200 | −$800 (-11.4%) | — | $5,600 – $6,200 | 3 |
| 4BR | $6,200 | −$800 (-11.4%) | — | $5,600 – $6,200 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — May 2023
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $2,450 | −$450 (-18.4%) |
| Studio | $2,930 | $2,450 | +$480 (+19.6%) |
| Studio | $1,895 | $2,450 | −$555 (-22.7%) |
| Studio | $3,060 | $2,450 | +$610 (+24.9%) |
| 1BR | $2,150 | $2,477 | −$327 (-13.2%) |
| 1BR | $2,250 | $2,477 | −$227 (-9.2%) |
| 1BR | $3,325 | $2,477 | +$848 (+34.2%) |
| 1BR | $2,600 | $2,477 | +$123 (+5.0%) |
| 2BR | $3,850 | $2,800 | +$1,050 (+37.5%) |
| 2BR | $2,850 | $2,800 | +$50 (+1.8%) |
| 2BR | $2,800 | $2,800 | $0 (0.0%) |
| 3BR | $3,400 | $3,225 | +$175 (+5.4%) |
| 3BR | $3,595 | $3,225 | +$370 (+11.5%) |
| 3BR | $4,680 | $3,225 | +$1,455 (+45.1%) |
| 4BR | $6,200 | $4,000 | +$2,200 (+55.0%) |
| 4BR | $6,200 | $4,000 | +$2,200 (+55.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.