Monthly Rent Report
Forest Hills Rent Report — October 2023
Asking rents in ZIP 11375, New York City, from 143 listings.
Median 1BR rent in Forest Hills was $2,450 in October 2023, down 1.8% (−$45) from September 2023 and up 22.5% year-over-year. The middle half of 1BR listings asked between $2,273 and $2,460. That puts Forest Hills in line with the New York City citywide 1BR median of $2,450. The month's figures are based on 143 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,639 | +$2 (+0.1%) | −$601 (-18.5%) | $2,628 – $2,746 | 3 |
| Studio | $1,945 | −$692 (-26.2%) | −$1,295 (-40.0%) | $1,761 – $2,095 | 14 |
| Studio | $1,800 | −$837 (-31.7%) | −$1,440 (-44.4%) | $1,800 – $1,800 | 1 |
| Studio | $2,250 | −$387 (-14.7%) | −$990 (-30.6%) | $2,250 – $2,250 | 2 |
| 1BR | $2,450 | −$45 (-1.8%) | +$450 (+22.5%) | $2,273 – $2,460 | 43 |
| 1BR | $2,350 | −$145 (-5.8%) | +$350 (+17.5%) | $2,350 – $2,500 | 5 |
| 1BR | $2,395 | −$100 (-4.0%) | +$395 (+19.8%) | $2,395 – $2,395 | 1 |
| 2BR | $2,500 | −$500 (-16.7%) | −$150 (-5.7%) | $2,500 – $2,500 | 1 |
| 2BR | $2,695 | −$305 (-10.2%) | +$45 (+1.7%) | $2,646 – $2,695 | 4 |
| 3BR | $4,400 | +$1,150 (+35.4%) | −$5 (-0.1%) | $4,400 – $4,400 | 2 |
| 3BR | $3,900 | +$650 (+20.0%) | −$505 (-11.5%) | $2,995 – $4,500 | 27 |
| 3BR | $4,000 | +$750 (+23.1%) | −$405 (-9.2%) | $4,000 – $4,500 | 7 |
| 4BR | $7,325 | +$825 (+12.7%) | — | $6,900 – $8,313 | 4 |
| 4BR | $6,900 | +$400 (+6.2%) | — | $6,900 – $10,000 | 13 |
| 4BR | $7,475 | +$975 (+15.0%) | — | $7,338 – $7,613 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — October 2023
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,639 | $2,411 | +$229 (+9.5%) |
| Studio | $1,945 | $2,411 | −$465 (-19.3%) |
| Studio | $1,800 | $2,411 | −$610 (-25.3%) |
| Studio | $2,250 | $2,411 | −$160 (-6.7%) |
| 1BR | $2,450 | $2,450 | $0 (0.0%) |
| 1BR | $2,350 | $2,450 | −$100 (-4.1%) |
| 1BR | $2,395 | $2,450 | −$55 (-2.2%) |
| 2BR | $2,500 | $2,900 | −$400 (-13.8%) |
| 2BR | $2,695 | $2,900 | −$205 (-7.1%) |
| 3BR | $4,400 | $3,349 | +$1,051 (+31.4%) |
| 3BR | $3,900 | $3,349 | +$551 (+16.5%) |
| 3BR | $4,000 | $3,349 | +$651 (+19.4%) |
| 4BR | $7,325 | $4,200 | +$3,125 (+74.4%) |
| 4BR | $6,900 | $4,200 | +$2,700 (+64.3%) |
| 4BR | $7,475 | $4,200 | +$3,275 (+78.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.