Monthly Rent Report
Richmond Hill Rent Report — May 2020
Asking rents in ZIP 11418, New York City, from 45 listings.
Median 1BR rent in Richmond Hill was $1,750 in May 2020, flat versus April 2020. The middle half of 1BR listings asked between $1,738 and $1,756. That puts Richmond Hill $125 below the New York City citywide 1BR median of $1,875. The month's figures are based on 45 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $900 | −$100 (-10.0%) | — | $900 – $900 | 1 |
| Studio | $900 | −$100 (-10.0%) | — | $900 – $900 | 1 |
| 1BR | $1,750 | $0 (0.0%) | — | $1,738 – $1,756 | 8 |
| 1BR | $1,675 | −$75 (-4.3%) | — | $1,675 – $1,675 | 5 |
| 1BR | $1,700 | −$50 (-2.9%) | — | $1,675 – $1,750 | 13 |
| 2BR | $1,850 | −$250 (-11.9%) | — | $1,850 – $1,850 | 1 |
| 2BR | $1,900 | −$200 (-9.5%) | — | $1,888 – $1,950 | 4 |
| 2BR | $1,900 | −$200 (-9.5%) | — | $1,900 – $2,000 | 3 |
| 3BR | $2,550 | +$200 (+8.5%) | — | $2,550 – $2,550 | 1 |
| 3BR | $2,425 | +$75 (+3.2%) | — | $2,275 – $2,550 | 4 |
| 3BR | $2,425 | +$75 (+3.2%) | — | $2,275 – $2,550 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2020. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — May 2020
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $900 | $1,775 | −$875 (-49.3%) |
| Studio | $900 | $1,775 | −$875 (-49.3%) |
| 1BR | $1,750 | $1,875 | −$125 (-6.7%) |
| 1BR | $1,675 | $1,875 | −$200 (-10.7%) |
| 1BR | $1,700 | $1,875 | −$175 (-9.3%) |
| 2BR | $1,850 | $2,231 | −$381 (-17.1%) |
| 2BR | $1,900 | $2,231 | −$331 (-14.8%) |
| 2BR | $1,900 | $2,231 | −$331 (-14.8%) |
| 3BR | $2,550 | $2,526 | +$24 (+0.9%) |
| 3BR | $2,425 | $2,526 | −$101 (-4.0%) |
| 3BR | $2,425 | $2,526 | −$101 (-4.0%) |
Citywide figure is the median of zip-level medians across 163 New York City zip codes with listings in May 2020.