Monthly Rent Report
Forest Hills Rent Report — November 2024
Asking rents in ZIP 11375, New York City, from 28 listings.
Median 1BR rent in Forest Hills was $2,950 in November 2024, up 22.9% (+$550) from October 2024 and up 34.1% year-over-year. The middle half of 1BR listings asked between $2,950 and $2,950. That puts Forest Hills $500 above the New York City citywide 1BR median of $2,450. The month's figures are based on 28 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,245 | −$620 (-21.6%) | −$237 (-9.6%) | $2,245 – $2,245 | 2 |
| Studio | $2,100 | −$765 (-26.7%) | −$382 (-15.4%) | $2,100 – $2,100 | 1 |
| Studio | $2,755 | −$110 (-3.8%) | +$273 (+11.0%) | $2,725 – $2,768 | 3 |
| 1BR | $2,950 | +$550 (+22.9%) | +$750 (+34.1%) | $2,950 – $2,950 | 2 |
| 1BR | $3,250 | +$850 (+35.4%) | +$1,050 (+47.7%) | $3,250 – $3,255 | 3 |
| 1BR | $1,750 | −$650 (-27.1%) | −$450 (-20.5%) | $1,725 – $2,515 | 3 |
| 2BR | $2,500 | −$1,282 (-33.9%) | −$1,690 (-40.3%) | $2,500 – $2,500 | 2 |
| 2BR | $3,715 | −$67 (-1.8%) | −$475 (-11.3%) | $3,705 – $3,725 | 5 |
| 3BR | $3,000 | −$1,915 (-39.0%) | −$900 (-23.1%) | $3,000 – $3,000 | 1 |
| 3BR | $3,000 | −$1,915 (-39.0%) | −$900 (-23.1%) | $3,000 – $3,000 | 1 |
| 4BR | $3,820 | −$40 (-1.0%) | −$3,380 (-46.9%) | $3,820 – $3,820 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Forest Hills vs. New York City — November 2024
| Bedrooms | Forest Hills Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,245 | $2,383 | −$138 (-5.8%) |
| Studio | $2,100 | $2,383 | −$283 (-11.9%) |
| Studio | $2,755 | $2,383 | +$372 (+15.6%) |
| 1BR | $2,950 | $2,450 | +$500 (+20.4%) |
| 1BR | $3,250 | $2,450 | +$800 (+32.7%) |
| 1BR | $1,750 | $2,450 | −$700 (-28.6%) |
| 2BR | $2,500 | $2,950 | −$450 (-15.3%) |
| 2BR | $3,715 | $2,950 | +$765 (+25.9%) |
| 3BR | $3,000 | $3,600 | −$600 (-16.7%) |
| 3BR | $3,000 | $3,600 | −$600 (-16.7%) |
| 4BR | $3,820 | $4,375 | −$555 (-12.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.