Monthly Rent Report
Forest Hills Rent Report — February 2024
Asking rents in ZIP 11375, New York City, from 213 listings.
Median 1BR rent in Forest Hills was $2,250 in February 2024, down 8.0% (−$195) from January 2024 and down 23.7% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,250. That puts Forest Hills $200 below the New York City citywide 1BR median of $2,450. The month's figures are based on 213 listings across 21 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,798 | +$1,103 (+65.0%) | +$1,098 (+64.6%) | $2,786 – $2,809 | 2 |
| Studio | $1,600 | −$95 (-5.6%) | −$100 (-5.9%) | $1,600 – $1,600 | 2 |
| Studio | $1,800 | +$105 (+6.2%) | +$100 (+5.9%) | $1,750 – $2,725 | 28 |
| Studio | $2,452 | +$757 (+44.7%) | +$752 (+44.2%) | $2,452 – $2,452 | 1 |
| 1BR | $2,250 | −$195 (-8.0%) | −$700 (-23.7%) | $2,250 – $2,250 | 1 |
| 1BR | $3,500 | +$1,055 (+43.1%) | +$550 (+18.6%) | $3,460 – $3,529 | 4 |
| 1BR | $2,200 | −$245 (-10.0%) | −$750 (-25.4%) | $2,150 – $2,400 | 9 |
| 1BR | $2,400 | −$45 (-1.8%) | −$550 (-18.6%) | $2,250 – $2,600 | 75 |
| 2BR | $4,040 | +$313 (+8.4%) | −$20 (-0.5%) | $3,720 – $4,188 | 3 |
| 2BR | $3,000 | −$727 (-19.5%) | −$1,060 (-26.1%) | $2,700 – $3,413 | 40 |
| 2BR | $2,500 | −$1,227 (-32.9%) | −$1,560 (-38.4%) | $2,500 – $2,500 | 1 |
| 2BR | $2,700 | −$1,027 (-27.6%) | −$1,360 (-33.5%) | $2,650 – $2,775 | 3 |
| 3BR | $3,495 | −$1,725 (-33.0%) | +$295 (+9.2%) | $3,495 – $3,495 | 1 |
| 3BR | $5,275 | +$55 (+1.1%) | +$2,075 (+64.8%) | $5,275 – $5,275 | 1 |
| 3BR | $4,400 | −$820 (-15.7%) | +$1,200 (+37.5%) | $4,300 – $4,500 | 2 |
| 3BR | $4,295 | −$925 (-17.7%) | +$1,095 (+34.2%) | $3,950 – $4,650 | 23 |
| 4BR | $5,700 | +$80 (+1.4%) | +$2,200 (+62.9%) | $5,700 – $5,700 | 1 |
| 4BR | $6,500 | +$880 (+15.7%) | +$3,000 (+85.7%) | $6,500 – $6,500 | 1 |
| 4BR | $5,000 | −$620 (-11.0%) | +$1,500 (+42.9%) | $4,500 – $5,700 | 13 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — February 2024
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,798 | $2,359 | +$439 (+18.6%) |
| Studio | $1,600 | $2,359 | −$759 (-32.2%) |
| Studio | $1,800 | $2,359 | −$559 (-23.7%) |
| Studio | $2,452 | $2,359 | +$93 (+4.0%) |
| 1BR | $2,250 | $2,450 | −$200 (-8.2%) |
| 1BR | $3,500 | $2,450 | +$1,050 (+42.9%) |
| 1BR | $2,200 | $2,450 | −$250 (-10.2%) |
| 1BR | $2,400 | $2,450 | −$50 (-2.0%) |
| 2BR | $4,040 | $2,979 | +$1,061 (+35.6%) |
| 2BR | $3,000 | $2,979 | +$21 (+0.7%) |
| 2BR | $2,500 | $2,979 | −$479 (-16.1%) |
| 2BR | $2,700 | $2,979 | −$279 (-9.4%) |
| 3BR | $3,495 | $3,500 | −$5 (-0.1%) |
| 3BR | $5,275 | $3,500 | +$1,775 (+50.7%) |
| 3BR | $4,400 | $3,500 | +$900 (+25.7%) |
| 3BR | $4,295 | $3,500 | +$795 (+22.7%) |
| 4BR | $5,700 | $4,148 | +$1,553 (+37.4%) |
| 4BR | $6,500 | $4,148 | +$2,353 (+56.7%) |
| 4BR | $5,000 | $4,148 | +$853 (+20.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.