Monthly Rent Report
Richmond Hill Rent Report — March 2020
Asking rents in ZIP 11418, New York City, from 190 listings.
Median 1BR rent in Richmond Hill was $1,965 in March 2020, up 13.9% (+$240) from February 2020. The middle half of 1BR listings asked between $1,941 and $2,020. That puts Richmond Hill $65 above the New York City citywide 1BR median of $1,900. The month's figures are based on 190 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | −$100 (-6.7%) | — | $1,400 – $1,720 | 5 |
| Studio | $1,400 | −$100 (-6.7%) | — | $1,400 – $1,400 | 3 |
| Studio | $1,720 | +$220 (+14.7%) | — | $1,720 – $1,720 | 2 |
| 1BR | $1,965 | +$240 (+13.9%) | — | $1,941 – $2,020 | 12 |
| 1BR | $1,725 | $0 (0.0%) | — | $1,675 – $1,775 | 31 |
| 1BR | $1,750 | +$25 (+1.4%) | — | $1,675 – $1,875 | 54 |
| 1BR | $1,700 | −$25 (-1.4%) | — | $1,575 – $1,750 | 11 |
| 2BR | $2,295 | −$105 (-4.4%) | — | $1,900 – $2,635 | 27 |
| 2BR | $2,150 | −$250 (-10.4%) | — | $1,900 – $2,250 | 8 |
| 2BR | $2,635 | +$235 (+9.8%) | — | $2,295 – $2,850 | 14 |
| 2BR | $1,850 | −$550 (-22.9%) | — | $1,850 – $1,850 | 5 |
| 3BR | $2,400 | −$100 (-4.0%) | — | $2,375 – $2,513 | 8 |
| 3BR | $2,525 | +$25 (+1.0%) | — | $2,475 – $2,550 | 4 |
| 3BR | $2,350 | −$150 (-6.0%) | — | $2,300 – $2,400 | 4 |
| 4BR | $2,750 | +$251 (+10.0%) | — | $2,750 – $2,750 | 1 |
| 4BR | $2,750 | +$251 (+10.0%) | — | $2,750 – $2,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2020. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — March 2020
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,780 | −$380 (-21.3%) |
| Studio | $1,400 | $1,780 | −$380 (-21.3%) |
| Studio | $1,720 | $1,780 | −$60 (-3.4%) |
| 1BR | $1,965 | $1,900 | +$65 (+3.4%) |
| 1BR | $1,725 | $1,900 | −$175 (-9.2%) |
| 1BR | $1,750 | $1,900 | −$150 (-7.9%) |
| 1BR | $1,700 | $1,900 | −$200 (-10.5%) |
| 2BR | $2,295 | $2,290 | +$5 (+0.2%) |
| 2BR | $2,150 | $2,290 | −$140 (-6.1%) |
| 2BR | $2,635 | $2,290 | +$345 (+15.1%) |
| 2BR | $1,850 | $2,290 | −$440 (-19.2%) |
| 3BR | $2,400 | $2,600 | −$200 (-7.7%) |
| 3BR | $2,525 | $2,600 | −$75 (-2.9%) |
| 3BR | $2,350 | $2,600 | −$250 (-9.6%) |
| 4BR | $2,750 | $3,150 | −$400 (-12.7%) |
| 4BR | $2,750 | $3,150 | −$400 (-12.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2020.