Monthly Rent Report
Richmond Hill Rent Report — October 2016
Asking rents in ZIP 11418, New York City, from 36 listings.
Median 1BR rent in Richmond Hill was $1,500 in October 2016, down 9.1% (−$150) from September 2016. The middle half of 1BR listings asked between $1,425 and $1,588. That puts Richmond Hill $200 below the New York City citywide 1BR median of $1,700. The month's figures are based on 36 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2016 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | +$50 (+3.7%) | — | $1,400 – $1,400 | 3 |
| 1BR | $1,500 | −$150 (-9.1%) | — | $1,425 – $1,588 | 15 |
| 2BR | $1,800 | −$400 (-18.2%) | — | $1,700 – $1,900 | 13 |
| 3BR | $2,450 | +$50 (+2.1%) | — | $2,275 – $2,750 | 4 |
| 4BR | $2,500 | $0 (0.0%) | — | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2016. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — October 2016
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,613 | −$212 (-13.2%) |
| 1BR | $1,500 | $1,700 | −$200 (-11.8%) |
| 2BR | $1,800 | $2,128 | −$328 (-15.4%) |
| 3BR | $2,450 | $2,600 | −$150 (-5.8%) |
| 4BR | $2,500 | $3,323 | −$822 (-24.8%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in October 2016.