Monthly Rent Report
Forest Hills Rent Report — January 2024
Asking rents in ZIP 11375, New York City, from 121 listings.
Median 1BR rent in Forest Hills was $2,390 in January 2024, down 30.6% (−$1,055) from December 2023 and up 5.2% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,499. That puts Forest Hills $40 above the New York City citywide 1BR median of $2,350. The month's figures are based on 121 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$400 (-19.5%) | +$50 (+3.1%) | $1,650 – $1,650 | 1 |
| Studio | $1,695 | −$355 (-17.3%) | +$95 (+5.9%) | $1,695 – $1,695 | 1 |
| Studio | $1,738 | −$312 (-15.2%) | +$138 (+8.6%) | $1,731 – $1,744 | 2 |
| Studio | $1,849 | −$201 (-9.8%) | +$249 (+15.6%) | $1,806 – $1,959 | 10 |
| 1BR | $2,390 | −$1,055 (-30.6%) | +$118 (+5.2%) | $2,200 – $2,499 | 44 |
| 1BR | $2,250 | −$1,195 (-34.7%) | −$22 (-1.0%) | $2,223 – $2,725 | 3 |
| 1BR | $3,285 | −$160 (-4.6%) | +$1,013 (+44.6%) | $3,285 – $3,285 | 1 |
| 1BR | $2,445 | −$1,000 (-29.0%) | +$173 (+7.6%) | $2,440 – $2,459 | 4 |
| 2BR | $3,728 | −$270 (-6.8%) | +$428 (+13.0%) | $3,693 – $3,931 | 6 |
| 2BR | $2,775 | −$1,223 (-30.6%) | −$525 (-15.9%) | $2,700 – $2,971 | 22 |
| 2BR | $4,180 | +$183 (+4.6%) | +$880 (+26.7%) | $3,790 – $4,328 | 3 |
| 2BR | $3,500 | −$497 (-12.4%) | +$200 (+6.1%) | $3,375 – $3,500 | 4 |
| 3BR | $5,220 | +$1,020 (+24.3%) | +$1,010 (+24.0%) | $5,220 – $5,220 | 1 |
| 3BR | $3,650 | −$550 (-13.1%) | −$560 (-13.3%) | $3,200 – $4,200 | 17 |
| 4BR | $3,645 | −$3,255 (-47.2%) | −$1,365 (-27.2%) | $3,645 – $3,645 | 1 |
| 4BR | $5,620 | −$1,280 (-18.6%) | +$610 (+12.2%) | $5,620 – $5,620 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — January 2024
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $2,338 | −$687 (-29.4%) |
| Studio | $1,695 | $2,338 | −$642 (-27.5%) |
| Studio | $1,738 | $2,338 | −$600 (-25.7%) |
| Studio | $1,849 | $2,338 | −$488 (-20.9%) |
| 1BR | $2,390 | $2,350 | +$40 (+1.7%) |
| 1BR | $2,250 | $2,350 | −$100 (-4.3%) |
| 1BR | $3,285 | $2,350 | +$935 (+39.8%) |
| 1BR | $2,445 | $2,350 | +$95 (+4.0%) |
| 2BR | $3,728 | $2,885 | +$843 (+29.2%) |
| 2BR | $2,775 | $2,885 | −$110 (-3.8%) |
| 2BR | $4,180 | $2,885 | +$1,295 (+44.9%) |
| 2BR | $3,500 | $2,885 | +$615 (+21.3%) |
| 3BR | $5,220 | $3,443 | +$1,777 (+51.6%) |
| 3BR | $3,650 | $3,443 | +$207 (+6.0%) |
| 4BR | $3,645 | $4,000 | −$355 (-8.9%) |
| 4BR | $5,620 | $4,000 | +$1,620 (+40.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.