Monthly Rent Report
Forest Hills Rent Report — March 2024
Asking rents in ZIP 11375, New York City, from 113 listings.
Median 1BR rent in Forest Hills was $2,250 in March 2024, up 2.3% (+$50) from February 2024 and down 4.3% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,250. That puts Forest Hills $249 below the New York City citywide 1BR median of $2,499. The month's figures are based on 113 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | +$500 (+31.3%) | +$375 (+21.7%) | $1,819 – $2,690 | 10 |
| Studio | $2,725 | +$1,125 (+70.3%) | +$1,000 (+58.0%) | $2,300 – $2,800 | 5 |
| Studio | $2,521 | +$921 (+57.6%) | +$796 (+46.1%) | $2,521 – $2,521 | 1 |
| Studio | $1,850 | +$250 (+15.6%) | +$125 (+7.2%) | $1,850 – $1,850 | 1 |
| 1BR | $2,250 | +$50 (+2.3%) | −$100 (-4.3%) | $2,250 – $2,250 | 1 |
| 1BR | $2,400 | +$200 (+9.1%) | +$50 (+2.1%) | $2,400 – $3,200 | 9 |
| 1BR | $2,475 | +$275 (+12.5%) | +$125 (+5.3%) | $2,384 – $2,918 | 28 |
| 1BR | $2,600 | +$400 (+18.2%) | +$250 (+10.6%) | $2,600 – $2,600 | 1 |
| 2BR | $2,748 | −$1,292 (-32.0%) | +$48 (+1.8%) | $2,621 – $2,874 | 2 |
| 2BR | $4,033 | −$7 (-0.2%) | +$1,333 (+49.4%) | $3,971 – $4,073 | 4 |
| 2BR | $3,995 | −$45 (-1.1%) | +$1,295 (+48.0%) | $3,915 – $4,143 | 3 |
| 2BR | $3,300 | −$740 (-18.3%) | +$600 (+22.2%) | $2,725 – $3,500 | 23 |
| 3BR | $4,500 | +$205 (+4.8%) | −$300 (-6.3%) | $4,500 – $4,550 | 3 |
| 3BR | $4,500 | +$205 (+4.8%) | −$300 (-6.3%) | $4,500 – $4,500 | 1 |
| 4BR | $6,500 | +$1,500 (+30.0%) | +$655 (+11.2%) | $5,750 – $10,800 | 7 |
| 4BR | $10,800 | +$5,800 (+116.0%) | +$4,955 (+84.8%) | $9,725 – $10,800 | 8 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — March 2024
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $2,450 | −$350 (-14.3%) |
| Studio | $2,725 | $2,450 | +$275 (+11.2%) |
| Studio | $2,521 | $2,450 | +$71 (+2.9%) |
| Studio | $1,850 | $2,450 | −$600 (-24.5%) |
| 1BR | $2,250 | $2,499 | −$249 (-10.0%) |
| 1BR | $2,400 | $2,499 | −$99 (-4.0%) |
| 1BR | $2,475 | $2,499 | −$24 (-1.0%) |
| 1BR | $2,600 | $2,499 | +$101 (+4.0%) |
| 2BR | $2,748 | $2,995 | −$247 (-8.2%) |
| 2BR | $4,033 | $2,995 | +$1,038 (+34.7%) |
| 2BR | $3,995 | $2,995 | +$1,001 (+33.4%) |
| 2BR | $3,300 | $2,995 | +$306 (+10.2%) |
| 3BR | $4,500 | $3,500 | +$1,000 (+28.6%) |
| 3BR | $4,500 | $3,500 | +$1,000 (+28.6%) |
| 4BR | $6,500 | $4,250 | +$2,251 (+53.0%) |
| 4BR | $10,800 | $4,250 | +$6,551 (+154.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.