Monthly Rent Report
Richmond Hill Rent Report — August 2019
Asking rents in ZIP 11418, New York City, from 51 listings.
Median 1BR rent in Richmond Hill was $1,738 in August 2019, up 5.3% (+$88) from July 2019 and up 2.2% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,750. That puts Richmond Hill $213 below the New York City citywide 1BR median of $1,950. The month's figures are based on 51 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2019 | Vs. August 2018 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | +$125 (+8.1%) | — | $1,495 – $1,675 | 12 |
| 1BR | $1,738 | +$88 (+5.3%) | +$38 (+2.2%) | $1,675 – $1,750 | 32 |
| 2BR | $2,113 | — | +$118 (+5.9%) | $2,100 – $2,156 | 4 |
| 3BR | $2,500 | $0 (0.0%) | +$300 (+13.6%) | $2,500 – $2,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2019. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — August 2019
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $1,799 | −$123 (-6.9%) |
| 1BR | $1,738 | $1,950 | −$212 (-10.9%) |
| 2BR | $2,113 | $2,313 | −$200 (-8.6%) |
| 3BR | $2,500 | $2,725 | −$225 (-8.3%) |
Citywide figure is the median of zip-level medians across 169 New York City zip codes with listings in August 2019.