Monthly Rent Report
Forest Hills Rent Report — June 2023
Asking rents in ZIP 11375, New York City, from 93 listings.
Median 1BR rent in Forest Hills was $3,065 in June 2023, up 17.9% (+$465) from May 2023. The middle half of 1BR listings asked between $3,046 and $3,102. That puts Forest Hills $578 above the New York City citywide 1BR median of $2,488. The month's figures are based on 93 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,745 | +$850 (+44.9%) | — | $2,745 – $2,745 | 1 |
| Studio | $1,985 | +$90 (+4.7%) | — | $1,795 – $2,050 | 13 |
| Studio | $3,050 | +$1,155 (+60.9%) | — | $2,820 – $3,218 | 3 |
| 1BR | $3,065 | +$465 (+17.9%) | — | $3,046 – $3,102 | 4 |
| 1BR | $2,495 | −$105 (-4.0%) | — | $2,250 – $3,275 | 29 |
| 2BR | $3,200 | −$650 (-16.9%) | — | $3,050 – $3,350 | 2 |
| 2BR | $2,900 | −$950 (-24.7%) | — | $2,600 – $3,500 | 21 |
| 3BR | $4,300 | +$900 (+26.5%) | — | $4,300 – $4,300 | 1 |
| 3BR | $4,300 | +$900 (+26.5%) | — | $3,300 – $4,400 | 11 |
| 4BR | $3,895 | −$2,305 (-37.2%) | — | $3,895 – $3,895 | 1 |
| 4BR | $5,578 | −$622 (-10.0%) | — | $5,506 – $5,649 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — June 2023
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,745 | $2,500 | +$245 (+9.8%) |
| Studio | $1,985 | $2,500 | −$515 (-20.6%) |
| Studio | $3,050 | $2,500 | +$550 (+22.0%) |
| 1BR | $3,065 | $2,488 | +$578 (+23.2%) |
| 1BR | $2,495 | $2,488 | +$8 (+0.3%) |
| 2BR | $3,200 | $2,828 | +$372 (+13.1%) |
| 2BR | $2,900 | $2,828 | +$72 (+2.5%) |
| 3BR | $4,300 | $3,300 | +$1,000 (+30.3%) |
| 3BR | $4,300 | $3,300 | +$1,000 (+30.3%) |
| 4BR | $3,895 | $4,200 | −$305 (-7.3%) |
| 4BR | $5,578 | $4,200 | +$1,378 (+32.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.