Monthly Rent Report

Richmond Hill Rent Report — April 2020

Asking rents in ZIP 11418, New York City, from 61 listings.

Median 1BR rent in Richmond Hill was $1,750 in April 2020, down 10.9% (−$214) from March 2020. The middle half of 1BR listings asked between $1,675 and $1,788. That puts Richmond Hill $149 below the New York City citywide 1BR median of $1,899. The month's figures are based on 61 listings across 14 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2020Vs. Year AgoP25–P75 RangeListings
Studio$1,000−$720 (-41.9%)—$1,000 – $1,0001
1BR$1,750−$214 (-10.9%)—$1,675 – $1,78811
1BR$1,750−$214 (-10.9%)—$1,675 – $1,79414
1BR$1,750−$214 (-10.9%)—$1,750 – $1,8005
2BR$1,850$0 (0.0%)—$1,838 – $1,9134
2BR$1,900+$50 (+2.7%)—$1,850 – $2,2507
2BR$2,100+$250 (+13.5%)—$1,900 – $2,4005
3BR$2,300−$50 (-2.1%)—$2,250 – $2,4003
3BR$2,300−$50 (-2.1%)—$2,300 – $2,3001
3BR$2,350$0 (0.0%)—$2,275 – $2,4252
4BR$3,275+$525 (+19.1%)—$3,275 – $3,2752
4BR$3,275+$525 (+19.1%)—$3,275 – $3,2752

Median, P25, and P75 are asking rents from listings posted in April 2020. Changes compare against the nearest prior month with data.

Richmond Hill vs. New York City — April 2020

BedroomsRichmond Hill MedianNYC Citywide MedianDifference
Studio$1,000$1,905−$905 (-47.5%)
1BR$1,750$1,899−$149 (-7.8%)
1BR$1,750$1,899−$149 (-7.8%)
1BR$1,750$1,899−$149 (-7.8%)
2BR$1,850$2,300−$450 (-19.6%)
2BR$1,900$2,300−$400 (-17.4%)
2BR$2,100$2,300−$200 (-8.7%)
3BR$2,300$2,600−$300 (-11.5%)
3BR$2,300$2,600−$300 (-11.5%)
3BR$2,350$2,600−$250 (-9.6%)
4BR$3,275$3,250+$26 (+0.8%)
4BR$3,275$3,250+$26 (+0.8%)

Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in April 2020.

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