Monthly Rent Report
Forest Hills Rent Report — July 2023
Asking rents in ZIP 11375, New York City, from 63 listings.
Median 1BR rent in Forest Hills was $3,293 in July 2023, up 32.0% (+$798) from June 2023. The middle half of 1BR listings asked between $3,221 and $3,364. That puts Forest Hills $843 above the New York City citywide 1BR median of $2,450. The month's figures are based on 63 listings across 19 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,875 | +$890 (+44.8%) | — | $2,815 – $2,935 | 2 |
| Studio | $1,725 | −$260 (-13.1%) | — | $1,710 – $2,460 | 3 |
| Studio | $2,745 | +$760 (+38.3%) | — | $2,685 – $2,805 | 2 |
| 1BR | $3,293 | +$798 (+32.0%) | — | $3,221 – $3,364 | 2 |
| 1BR | $3,175 | +$680 (+27.3%) | — | $3,118 – $3,306 | 12 |
| 1BR | $2,275 | −$220 (-8.8%) | — | $2,038 – $3,113 | 6 |
| 1BR | $2,000 | −$495 (-19.8%) | — | $1,975 – $2,198 | 3 |
| 2BR | $3,098 | +$198 (+6.8%) | — | $2,575 – $3,550 | 12 |
| 2BR | $2,500 | −$400 (-13.8%) | — | $2,500 – $2,500 | 1 |
| 2BR | $5,000 | +$2,100 (+72.4%) | — | $5,000 – $5,000 | 1 |
| 2BR | $4,220 | +$1,320 (+45.5%) | — | $3,918 – $4,268 | 3 |
| 3BR | $5,018 | +$718 (+16.7%) | — | $4,979 – $5,056 | 2 |
| 3BR | $4,400 | +$100 (+2.3%) | — | $4,400 – $4,400 | 1 |
| 3BR | $3,750 | −$550 (-12.8%) | — | $2,890 – $4,100 | 5 |
| 4BR | $5,750 | +$1,855 (+47.6%) | — | $5,375 – $6,125 | 2 |
| 4BR | $6,135 | +$2,240 (+57.5%) | — | $6,135 – $6,135 | 1 |
| 4BR | $4,800 | +$905 (+23.2%) | — | $4,800 – $4,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — July 2023
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,875 | $2,498 | +$378 (+15.1%) |
| Studio | $1,725 | $2,498 | −$772 (-30.9%) |
| Studio | $2,745 | $2,498 | +$248 (+9.9%) |
| 1BR | $3,293 | $2,450 | +$843 (+34.4%) |
| 1BR | $3,175 | $2,450 | +$725 (+29.6%) |
| 1BR | $2,275 | $2,450 | −$175 (-7.1%) |
| 1BR | $2,000 | $2,450 | −$450 (-18.4%) |
| 2BR | $3,098 | $2,800 | +$298 (+10.6%) |
| 2BR | $2,500 | $2,800 | −$300 (-10.7%) |
| 2BR | $5,000 | $2,800 | +$2,200 (+78.6%) |
| 2BR | $4,220 | $2,800 | +$1,420 (+50.7%) |
| 3BR | $5,018 | $3,400 | +$1,618 (+47.6%) |
| 3BR | $4,400 | $3,400 | +$1,000 (+29.4%) |
| 3BR | $3,750 | $3,400 | +$350 (+10.3%) |
| 4BR | $5,750 | $4,200 | +$1,550 (+36.9%) |
| 4BR | $6,135 | $4,200 | +$1,935 (+46.1%) |
| 4BR | $4,800 | $4,200 | +$600 (+14.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.