Monthly Rent Report
Richmond Hill Rent Report — July 2020
Asking rents in ZIP 11418, New York City, from 30 listings.
Median 1BR rent in Richmond Hill was $1,300 in July 2020, down 26.8% (−$475) from June 2020 and down 21.2% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,300. That puts Richmond Hill $525 below the New York City citywide 1BR median of $1,825. The month's figures are based on 30 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2020 | Vs. July 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,300 | −$475 (-26.8%) | −$350 (-21.2%) | $1,300 – $1,300 | 1 |
| 1BR | $2,085 | +$310 (+17.5%) | +$435 (+26.4%) | $2,080 – $2,090 | 2 |
| 1BR | $2,075 | +$300 (+16.9%) | +$425 (+25.8%) | $1,688 – $2,085 | 3 |
| 2BR | $2,688 | +$138 (+5.4%) | — | $2,553 – $2,831 | 10 |
| 2BR | $2,688 | +$138 (+5.4%) | — | $2,553 – $2,831 | 10 |
| 3BR | $2,280 | −$170 (-6.9%) | −$220 (-8.8%) | $2,280 – $2,280 | 1 |
| 3BR | $2,280 | −$170 (-6.9%) | −$220 (-8.8%) | $2,280 – $2,280 | 1 |
| 4BR | $2,600 | — | — | $2,600 – $2,600 | 1 |
| 4BR | $2,600 | — | — | $2,600 – $2,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2020. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — July 2020
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,300 | $1,825 | −$525 (-28.8%) |
| 1BR | $2,085 | $1,825 | +$260 (+14.2%) |
| 1BR | $2,075 | $1,825 | +$250 (+13.7%) |
| 2BR | $2,688 | $2,290 | +$398 (+17.4%) |
| 2BR | $2,688 | $2,290 | +$398 (+17.4%) |
| 3BR | $2,280 | $2,600 | −$320 (-12.3%) |
| 3BR | $2,280 | $2,600 | −$320 (-12.3%) |
| 4BR | $2,600 | $3,285 | −$685 (-20.9%) |
| 4BR | $2,600 | $3,285 | −$685 (-20.9%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2020.