Monthly Rent Report
Forest Hills Rent Report — July 2024
Asking rents in ZIP 11375, New York City, from 72 listings.
Median 1BR rent in Forest Hills was $2,300 in July 2024, up 3.4% (+$75) from June 2024 and down 27.6% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,400. That puts Forest Hills $200 below the New York City citywide 1BR median of $2,500. The month's figures are based on 72 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | +$251 (+12.8%) | −$545 (-19.9%) | $2,000 – $2,400 | 2 |
| Studio | $2,545 | +$596 (+30.5%) | −$200 (-7.3%) | $2,545 – $2,545 | 1 |
| Studio | $2,300 | +$351 (+18.0%) | −$445 (-16.2%) | $2,130 – $2,550 | 9 |
| 1BR | $2,300 | +$75 (+3.4%) | −$875 (-27.6%) | $2,250 – $2,400 | 5 |
| 1BR | $2,300 | +$75 (+3.4%) | −$875 (-27.6%) | $2,089 – $2,746 | 18 |
| 1BR | $3,350 | +$1,125 (+50.6%) | +$175 (+5.5%) | $3,350 – $3,350 | 1 |
| 2BR | $4,030 | +$880 (+27.9%) | −$190 (-4.5%) | $4,030 – $4,030 | 1 |
| 2BR | $2,800 | −$350 (-11.1%) | −$1,420 (-33.6%) | $2,600 – $3,500 | 17 |
| 2BR | $3,218 | +$68 (+2.1%) | −$1,002 (-23.8%) | $2,659 – $3,776 | 2 |
| 3BR | $5,260 | +$910 (+20.9%) | +$860 (+19.5%) | $5,130 – $5,390 | 2 |
| 3BR | $3,700 | −$650 (-14.9%) | −$700 (-15.9%) | $3,700 – $3,700 | 1 |
| 3BR | $4,000 | −$350 (-8.0%) | −$400 (-9.1%) | $3,500 – $4,300 | 3 |
| 4BR | $5,815 | $0 (0.0%) | −$320 (-5.2%) | $5,815 – $5,815 | 1 |
| 4BR | $5,485 | −$330 (-5.7%) | −$650 (-10.6%) | $5,485 – $5,485 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — July 2024
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $2,800 | −$600 (-21.4%) |
| Studio | $2,545 | $2,800 | −$255 (-9.1%) |
| Studio | $2,300 | $2,800 | −$500 (-17.9%) |
| 1BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 1BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 1BR | $3,350 | $2,500 | +$850 (+34.0%) |
| 2BR | $4,030 | $3,000 | +$1,030 (+34.3%) |
| 2BR | $2,800 | $3,000 | −$200 (-6.7%) |
| 2BR | $3,218 | $3,000 | +$218 (+7.2%) |
| 3BR | $5,260 | $3,606 | +$1,654 (+45.9%) |
| 3BR | $3,700 | $3,606 | +$94 (+2.6%) |
| 3BR | $4,000 | $3,606 | +$394 (+10.9%) |
| 4BR | $5,815 | $4,500 | +$1,315 (+29.2%) |
| 4BR | $5,485 | $4,500 | +$985 (+21.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.