Monthly Rent Report
Richmond Hill Rent Report — November 2016
Asking rents in ZIP 11418, New York City, from 58 listings.
Median 1BR rent in Richmond Hill was $1,500 in November 2016, flat versus October 2016. The middle half of 1BR listings asked between $1,478 and $1,775. That puts Richmond Hill $250 below the New York City citywide 1BR median of $1,750. The month's figures are based on 58 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2016 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | $0 (0.0%) | — | $1,288 – $1,400 | 6 |
| 1BR | $1,500 | $0 (0.0%) | — | $1,478 – $1,775 | 23 |
| 2BR | $1,900 | +$100 (+5.6%) | — | $1,700 – $2,299 | 20 |
| 3BR | $3,500 | +$1,050 (+42.9%) | — | $2,388 – $3,500 | 8 |
| 4BR | $2,500 | $0 (0.0%) | — | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2016. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — November 2016
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,698 | −$297 (-17.5%) |
| 1BR | $1,500 | $1,750 | −$250 (-14.3%) |
| 2BR | $1,900 | $2,150 | −$250 (-11.6%) |
| 3BR | $3,500 | $2,650 | +$850 (+32.1%) |
| 4BR | $2,500 | $3,450 | −$950 (-27.5%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in November 2016.