Monthly Rent Report
Forest Hills Rent Report — December 2023
Asking rents in ZIP 11375, New York City, from 87 listings.
Median 1BR rent in Forest Hills was $3,445 in December 2023, up 56.6% (+$1,245) from November 2023 and up 56.6% year-over-year. The middle half of 1BR listings asked between $3,341 and $3,534. That puts Forest Hills $1,045 above the New York City citywide 1BR median of $2,400. The month's figures are based on 87 listings across 20 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,050 | −$432 (-17.4%) | −$600 (-22.6%) | $2,025 – $2,075 | 2 |
| Studio | $2,000 | −$482 (-19.4%) | −$650 (-24.5%) | $2,000 – $2,000 | 1 |
| Studio | $2,944 | +$461 (+18.6%) | +$294 (+11.1%) | $2,936 – $2,951 | 2 |
| Studio | $2,100 | −$382 (-15.4%) | −$550 (-20.8%) | $2,100 – $2,100 | 1 |
| 1BR | $3,445 | +$1,245 (+56.6%) | +$1,245 (+56.6%) | $3,341 – $3,534 | 6 |
| 1BR | $3,465 | +$1,265 (+57.5%) | +$1,265 (+57.5%) | $3,453 – $3,478 | 2 |
| 1BR | $2,600 | +$400 (+18.2%) | +$400 (+18.2%) | $2,600 – $3,000 | 5 |
| 1BR | $2,000 | −$200 (-9.1%) | −$200 (-9.1%) | $2,000 – $2,000 | 3 |
| 2BR | $3,998 | −$192 (-4.6%) | $0 (0.0%) | $3,974 – $4,021 | 2 |
| 2BR | $3,100 | −$1,090 (-26.0%) | −$897 (-22.5%) | $2,900 – $3,100 | 3 |
| 2BR | $2,700 | −$1,490 (-35.6%) | −$1,297 (-32.5%) | $2,700 – $2,700 | 3 |
| 2BR | $2,695 | −$1,495 (-35.7%) | −$1,302 (-32.6%) | $2,695 – $2,695 | 1 |
| 3BR | $4,200 | +$300 (+7.7%) | +$500 (+13.5%) | $3,685 – $4,550 | 31 |
| 3BR | $4,200 | +$300 (+7.7%) | +$500 (+13.5%) | $3,770 – $4,500 | 17 |
| 3BR | $4,200 | +$300 (+7.7%) | +$500 (+13.5%) | $4,200 – $4,200 | 1 |
| 4BR | $6,900 | −$300 (-4.2%) | — | $6,900 – $6,900 | 1 |
| 4BR | $6,900 | −$300 (-4.2%) | — | $6,900 – $6,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — December 2023
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,050 | $2,362 | −$312 (-13.2%) |
| Studio | $2,000 | $2,362 | −$362 (-15.3%) |
| Studio | $2,944 | $2,362 | +$582 (+24.6%) |
| Studio | $2,100 | $2,362 | −$262 (-11.1%) |
| 1BR | $3,445 | $2,400 | +$1,045 (+43.5%) |
| 1BR | $3,465 | $2,400 | +$1,065 (+44.4%) |
| 1BR | $2,600 | $2,400 | +$200 (+8.3%) |
| 1BR | $2,000 | $2,400 | −$400 (-16.7%) |
| 2BR | $3,998 | $2,900 | +$1,098 (+37.8%) |
| 2BR | $3,100 | $2,900 | +$200 (+6.9%) |
| 2BR | $2,700 | $2,900 | −$200 (-6.9%) |
| 2BR | $2,695 | $2,900 | −$205 (-7.1%) |
| 3BR | $4,200 | $3,500 | +$700 (+20.0%) |
| 3BR | $4,200 | $3,500 | +$700 (+20.0%) |
| 3BR | $4,200 | $3,500 | +$700 (+20.0%) |
| 4BR | $6,900 | $4,070 | +$2,830 (+69.5%) |
| 4BR | $6,900 | $4,070 | +$2,830 (+69.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.