Monthly Rent Report
Forest Hills Rent Report — September 2023
Asking rents in ZIP 11375, New York City, from 26 listings.
Median 1BR rent in Forest Hills was $2,495 in September 2023, up 2.9% (+$70) from August 2023. The middle half of 1BR listings asked between $2,450 and $2,500. That puts Forest Hills in line with the New York City citywide 1BR median of $2,500. The month's figures are based on 26 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,098 | +$1,198 (+63.0%) | — | $3,073 – $3,100 | 4 |
| Studio | $2,637 | +$737 (+38.8%) | — | $2,637 – $2,637 | 1 |
| 1BR | $2,495 | +$70 (+2.9%) | — | $2,450 – $2,500 | 5 |
| 1BR | $1,795 | −$630 (-26.0%) | — | $1,795 – $1,795 | 1 |
| 2BR | $3,500 | −$100 (-2.8%) | — | $3,500 – $3,500 | 2 |
| 2BR | $5,200 | +$1,600 (+44.4%) | — | $5,200 – $5,200 | 1 |
| 2BR | $3,000 | −$600 (-16.7%) | — | $3,000 – $3,000 | 1 |
| 3BR | $3,250 | −$1,505 (-31.7%) | — | $3,250 – $3,250 | 1 |
| 3BR | $4,200 | −$555 (-11.7%) | — | $3,950 – $4,500 | 9 |
| 4BR | $6,500 | +$780 (+13.6%) | — | $6,500 – $6,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — September 2023
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,098 | $2,400 | +$698 (+29.1%) |
| Studio | $2,637 | $2,400 | +$237 (+9.9%) |
| 1BR | $2,495 | $2,500 | −$5 (-0.2%) |
| 1BR | $1,795 | $2,500 | −$705 (-28.2%) |
| 2BR | $3,500 | $3,000 | +$500 (+16.7%) |
| 2BR | $5,200 | $3,000 | +$2,200 (+73.3%) |
| 2BR | $3,000 | $3,000 | $0 (0.0%) |
| 3BR | $3,250 | $3,500 | −$250 (-7.1%) |
| 3BR | $4,200 | $3,500 | +$700 (+20.0%) |
| 4BR | $6,500 | $4,325 | +$2,175 (+50.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.