Monthly Rent Report

Richmond Hill Rent Report — June 2020

Asking rents in ZIP 11418, New York City, from 26 listings.

Median 1BR rent in Richmond Hill was $1,775 in June 2020, up 1.4% (+$25) from May 2020 and up 1.4% year-over-year. The middle half of 1BR listings asked between $1,756 and $1,794. That puts Richmond Hill $76 below the New York City citywide 1BR median of $1,851. The month's figures are based on 26 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2020Vs. June 2019P25–P75 RangeListings
1BR$1,775+$25 (+1.4%)+$25 (+1.4%)$1,756 – $1,7946
1BR$1,775+$25 (+1.4%)+$25 (+1.4%)$1,769 – $1,7818
1BR$1,850+$100 (+5.7%)+$100 (+5.7%)$1,850 – $1,8501
2BR$2,200+$300 (+15.8%)−$343 (-13.5%)$2,200 – $2,2001
2BR$1,900$0 (0.0%)−$643 (-25.3%)$1,900 – $1,9003
2BR$2,550+$650 (+34.2%)+$7 (+0.3%)$2,525 – $2,5752
2BR$2,500+$600 (+31.6%)−$43 (-1.7%)$2,350 – $2,5503
3BR$2,450+$25 (+1.0%)−$625 (-20.3%)$2,450 – $2,4501
3BR$2,450+$25 (+1.0%)−$625 (-20.3%)$2,450 – $2,4501

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

Richmond Hill vs. New York City — June 2020

BedroomsRichmond Hill MedianNYC Citywide MedianDifference
1BR$1,775$1,851−$75 (-4.1%)
1BR$1,775$1,851−$75 (-4.1%)
1BR$1,850$1,851$0 (-0.0%)
2BR$2,200$2,300−$100 (-4.3%)
2BR$1,900$2,300−$400 (-17.4%)
2BR$2,550$2,300+$250 (+10.9%)
2BR$2,500$2,300+$200 (+8.7%)
3BR$2,450$2,658−$208 (-7.8%)
3BR$2,450$2,658−$208 (-7.8%)

Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in June 2020.

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