Monthly Rent Report
Richmond Hill Rent Report — September 2019
Asking rents in ZIP 11418, New York City, from 33 listings.
Median 1BR rent in Richmond Hill was $1,725 in September 2019, down 0.7% (−$12) from August 2019 and up 4.5% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,750. That puts Richmond Hill $88 below the New York City citywide 1BR median of $1,813. The month's figures are based on 33 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2019 | Vs. September 2018 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,660 | −$15 (-0.9%) | — | $1,640 – $1,680 | 2 |
| 1BR | $1,725 | −$12 (-0.7%) | +$75 (+4.5%) | $1,700 – $1,750 | 15 |
| 2BR | $2,125 | +$13 (+0.6%) | −$225 (-9.6%) | $2,125 – $2,200 | 8 |
| 3BR | $2,400 | −$100 (-4.0%) | — | $2,300 – $2,525 | 7 |
| 4BR | $2,800 | — | — | $2,800 – $2,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2019. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — September 2019
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,660 | $1,669 | −$9 (-0.5%) |
| 1BR | $1,725 | $1,813 | −$88 (-4.9%) |
| 2BR | $2,125 | $2,128 | −$2 (-0.1%) |
| 3BR | $2,400 | $2,500 | −$100 (-4.0%) |
| 4BR | $2,800 | $3,000 | −$200 (-6.7%) |
Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in September 2019.