Monthly Rent Report

Richmond Hill Rent Report — August 2018

Asking rents in ZIP 11418, New York City, from 30 listings.

Median 1BR rent in Richmond Hill was $1,600 in August 2018, down 5.9% (−$100) from January 2017. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Richmond Hill $250 below the New York City citywide 1BR median of $1,850. The month's figures are based on 30 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2017Vs. Year AgoP25–P75 RangeListings
1BR$1,600−$100 (-5.9%)—$1,600 – $1,6003
1BR$1,600−$100 (-5.9%)—$1,563 – $1,6004
1BR$1,700$0 (0.0%)—$1,700 – $1,7003
1BR$1,600−$100 (-5.9%)—$1,600 – $1,6002
2BR$1,995——$1,995 – $1,9951
2BR$1,995——$1,995 – $1,9953
3BR$2,200−$1,300 (-37.1%)—$2,200 – $2,2504
3BR$2,200−$1,300 (-37.1%)—$2,200 – $2,2007
3BR$2,200−$1,300 (-37.1%)—$2,200 – $2,2003

Median, P25, and P75 are asking rents from listings posted in August 2018. Changes compare against the nearest prior month with data.

Richmond Hill vs. New York City — August 2018

BedroomsRichmond Hill MedianNYC Citywide MedianDifference
1BR$1,600$1,850−$250 (-13.5%)
1BR$1,600$1,850−$250 (-13.5%)
1BR$1,700$1,850−$150 (-8.1%)
1BR$1,600$1,850−$250 (-13.5%)
2BR$1,995$2,213−$217 (-9.8%)
2BR$1,995$2,213−$217 (-9.8%)
3BR$2,200$2,500−$300 (-12.0%)
3BR$2,200$2,500−$300 (-12.0%)
3BR$2,200$2,500−$300 (-12.0%)

Citywide figure is the median of zip-level medians across 159 New York City zip codes with listings in August 2018.

Advertisement