Monthly Rent Report
Forest Hills Rent Report — October 2024
Asking rents in ZIP 11375, New York City, from 20 listings.
Median 1BR rent in Forest Hills was $3,270 in October 2024, down 3.5% (−$120) from September 2024 and up 33.5% year-over-year. The middle half of 1BR listings asked between $3,270 and $3,270. That puts Forest Hills $964 above the New York City citywide 1BR median of $2,306. The month's figures are based on 20 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,865 | +$1,115 (+63.7%) | +$226 (+8.6%) | $2,865 – $2,865 | 1 |
| 1BR | $3,270 | −$120 (-3.5%) | +$820 (+33.5%) | $3,270 – $3,270 | 1 |
| 1BR | $2,400 | −$990 (-29.2%) | −$50 (-2.0%) | $2,400 – $2,400 | 4 |
| 2BR | $3,783 | −$22 (-0.6%) | +$1,283 (+51.3%) | $3,726 – $3,839 | 2 |
| 3BR | $4,500 | $0 (0.0%) | +$100 (+2.3%) | $4,500 – $4,500 | 6 |
| 3BR | $4,915 | +$415 (+9.2%) | +$515 (+11.7%) | $4,915 – $4,915 | 1 |
| 4BR | $3,860 | +$365 (+10.4%) | −$3,465 (-47.3%) | $3,860 – $3,860 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — October 2024
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,865 | $2,550 | +$315 (+12.4%) |
| 1BR | $3,270 | $2,306 | +$964 (+41.8%) |
| 1BR | $2,400 | $2,306 | +$94 (+4.1%) |
| 2BR | $3,783 | $2,914 | +$869 (+29.8%) |
| 3BR | $4,500 | $3,519 | +$981 (+27.9%) |
| 3BR | $4,915 | $3,519 | +$1,396 (+39.7%) |
| 4BR | $3,860 | $4,100 | −$240 (-5.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.