Monthly Rent Report
Richmond Hill Rent Report — June 2019
Asking rents in ZIP 11418, New York City, from 40 listings.
Median 1BR rent in Richmond Hill was $1,750 in June 2019, up 9.4% (+$150) from October 2018. The middle half of 1BR listings asked between $1,675 and $1,750. That puts Richmond Hill $100 below the New York City citywide 1BR median of $1,850. The month's figures are based on 40 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2018 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,575 | — | — | $1,550 – $1,922 | 4 |
| 1BR | $1,750 | +$150 (+9.4%) | — | $1,675 – $1,750 | 23 |
| 2BR | $2,543 | +$293 (+13.0%) | — | $2,234 – $2,616 | 7 |
| 3BR | $3,075 | — | — | $2,525 – $3,700 | 6 |
Median, P25, and P75 are asking rents from listings posted in June 2019. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — June 2019
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,575 | $1,718 | −$143 (-8.3%) |
| 1BR | $1,750 | $1,850 | −$100 (-5.4%) |
| 2BR | $2,543 | $2,300 | +$243 (+10.6%) |
| 3BR | $3,075 | $2,603 | +$473 (+18.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2019.