Monthly Rent Report
Forest Hills Rent Report — August 2023
Asking rents in ZIP 11375, New York City, from 77 listings.
Median 1BR rent in Forest Hills was $2,425 in August 2023, down 26.3% (−$867) from July 2023. The middle half of 1BR listings asked between $2,225 and $2,588. That puts Forest Hills $75 above the New York City citywide 1BR median of $2,350. The month's figures are based on 77 listings across 22 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | −$845 (-30.8%) | — | $1,900 – $1,900 | 1 |
| Studio | $3,148 | +$403 (+14.7%) | — | $3,094 – $3,201 | 2 |
| Studio | $1,948 | −$797 (-29.1%) | — | $1,838 – $2,414 | 16 |
| Studio | $3,090 | +$345 (+12.6%) | — | $3,053 – $3,150 | 7 |
| 1BR | $2,425 | −$867 (-26.3%) | — | $2,225 – $2,588 | 4 |
| 1BR | $2,400 | −$892 (-27.1%) | — | $2,400 – $2,400 | 1 |
| 1BR | $2,725 | −$567 (-17.2%) | — | $2,488 – $2,963 | 2 |
| 1BR | $3,193 | −$100 (-3.0%) | — | $3,170 – $3,220 | 8 |
| 2BR | $4,270 | +$1,770 (+70.8%) | — | $4,065 – $4,371 | 4 |
| 2BR | $3,600 | +$1,100 (+44.0%) | — | $3,600 – $3,600 | 1 |
| 2BR | $2,895 | +$395 (+15.8%) | — | $2,895 – $2,895 | 1 |
| 2BR | $3,050 | +$550 (+22.0%) | — | $2,825 – $3,275 | 2 |
| 3BR | $2,998 | −$1,402 (-31.9%) | — | $2,746 – $3,249 | 2 |
| 3BR | $3,948 | −$452 (-10.3%) | — | $3,924 – $3,971 | 2 |
| 3BR | $4,755 | +$355 (+8.1%) | — | $4,690 – $4,838 | 3 |
| 3BR | $3,400 | −$1,000 (-22.7%) | — | $3,400 – $3,400 | 1 |
| 4BR | $5,720 | −$30 (-0.5%) | — | $5,720 – $5,720 | 2 |
| 4BR | $5,720 | −$30 (-0.5%) | — | $5,720 – $5,720 | 2 |
| 4BR | $6,900 | +$1,150 (+20.0%) | — | $6,900 – $6,900 | 1 |
| 4BR | $6,488 | +$738 (+12.8%) | — | $5,284 – $6,900 | 10 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — August 2023
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $2,490 | −$590 (-23.7%) |
| Studio | $3,148 | $2,490 | +$658 (+26.4%) |
| Studio | $1,948 | $2,490 | −$542 (-21.8%) |
| Studio | $3,090 | $2,490 | +$600 (+24.1%) |
| 1BR | $2,425 | $2,350 | +$75 (+3.2%) |
| 1BR | $2,400 | $2,350 | +$50 (+2.1%) |
| 1BR | $2,725 | $2,350 | +$375 (+16.0%) |
| 1BR | $3,193 | $2,350 | +$843 (+35.9%) |
| 2BR | $4,270 | $2,859 | +$1,411 (+49.4%) |
| 2BR | $3,600 | $2,859 | +$741 (+25.9%) |
| 2BR | $2,895 | $2,859 | +$36 (+1.3%) |
| 2BR | $3,050 | $2,859 | +$191 (+6.7%) |
| 3BR | $2,998 | $3,413 | −$415 (-12.2%) |
| 3BR | $3,948 | $3,413 | +$535 (+15.7%) |
| 3BR | $4,755 | $3,413 | +$1,343 (+39.3%) |
| 3BR | $3,400 | $3,413 | −$12 (-0.4%) |
| 4BR | $5,720 | $4,200 | +$1,520 (+36.2%) |
| 4BR | $5,720 | $4,200 | +$1,520 (+36.2%) |
| 4BR | $6,900 | $4,200 | +$2,700 (+64.3%) |
| 4BR | $6,488 | $4,200 | +$2,288 (+54.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.