Monthly Rent Report
Richmond Hill Rent Report — September 2016
Asking rents in ZIP 11418, New York City, from 91 listings.
Median 1BR rent in Richmond Hill was $1,650 in September 2016, flat versus August 2016. The middle half of 1BR listings asked between $1,500 and $1,900. That puts Richmond Hill $50 below the New York City citywide 1BR median of $1,700. The month's figures are based on 91 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2016 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | +$100 (+8.0%) | — | $1,300 – $1,350 | 7 |
| 1BR | $1,650 | $0 (0.0%) | — | $1,500 – $1,900 | 25 |
| 2BR | $2,200 | −$800 (-26.7%) | — | $1,800 – $2,600 | 33 |
| 3BR | $2,400 | +$50 (+2.1%) | — | $2,000 – $3,500 | 22 |
| 4BR | $2,500 | +$100 (+4.2%) | — | $2,500 – $2,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2016. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — September 2016
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,600 | −$250 (-15.6%) |
| 1BR | $1,650 | $1,700 | −$50 (-2.9%) |
| 2BR | $2,200 | $2,104 | +$96 (+4.6%) |
| 3BR | $2,400 | $2,650 | −$250 (-9.4%) |
| 4BR | $2,500 | $3,250 | −$750 (-23.1%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in September 2016.