Monthly Rent Report

Richmond Hill Rent Report — October 2019

Asking rents in ZIP 11418, New York City, from 39 listings.

Median 1BR rent in Richmond Hill was $1,700 in October 2019, down 1.4% (−$25) from September 2019 and unchanged year-over-year. The middle half of 1BR listings asked between $1,700 and $1,725. That puts Richmond Hill $150 below the New York City citywide 1BR median of $1,850. The month's figures are based on 39 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2019Vs. October 2018P25–P75 RangeListings
Studio$1,530−$130 (-7.8%)—$1,495 – $1,6209
1BR$1,700−$25 (-1.4%)$0 (0.0%)$1,700 – $1,72518
1BR$1,650−$75 (-4.3%)−$50 (-2.9%)$1,650 – $1,6501
2BR$2,273+$148 (+6.9%)+$23 (+1.0%)$2,156 – $2,2996
3BR$2,450+$50 (+2.1%)—$2,425 – $2,4752
4BR$2,499−$301 (-10.8%)—$2,499 – $2,6503

Median, P25, and P75 are asking rents from listings posted in October 2019. Changes compare against the nearest prior month with data.

Richmond Hill vs. New York City — October 2019

BedroomsRichmond Hill MedianNYC Citywide MedianDifference
Studio$1,530$1,700−$170 (-10.0%)
1BR$1,700$1,850−$150 (-8.1%)
1BR$1,650$1,850−$200 (-10.8%)
2BR$2,273$2,200+$73 (+3.3%)
3BR$2,450$2,500−$50 (-2.0%)
4BR$2,499$3,200−$701 (-21.9%)

Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in October 2019.

Advertisement