Monthly Rent Report
Richmond Hill Rent Report — July 2016
Asking rents in ZIP 11418, New York City, from 125 listings.
Median 1BR rent in Richmond Hill was $1,588 in July 2016. The middle half of 1BR listings asked between $1,363 and $1,750. That puts Richmond Hill $113 below the New York City citywide 1BR median of $1,700. The month's figures are based on 125 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. Prior Month | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,375 | — | — | $1,331 – $1,375 | 8 |
| 1BR | $1,588 | — | — | $1,363 – $1,750 | 38 |
| 2BR | $2,100 | — | — | $1,750 – $2,500 | 55 |
| 3BR | $2,350 | — | — | $2,200 – $2,579 | 20 |
| 4BR | $2,250 | — | — | $2,100 – $2,400 | 4 |
Median, P25, and P75 are asking rents from listings posted in July 2016. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — July 2016
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,375 | $1,600 | −$225 (-14.1%) |
| 1BR | $1,588 | $1,700 | −$112 (-6.6%) |
| 2BR | $2,100 | $2,100 | $0 (0.0%) |
| 3BR | $2,350 | $2,500 | −$150 (-6.0%) |
| 4BR | $2,250 | $3,325 | −$1,075 (-32.3%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in July 2016.