Monthly Rent Report
Richmond Hill Rent Report — September 2020
Asking rents in ZIP 11418, New York City, from 22 listings.
Median 1BR rent in Richmond Hill was $1,695 in September 2020, down 15.3% (−$305) from August 2020 and down 1.7% year-over-year. The middle half of 1BR listings asked between $1,680 and $1,710. That puts Richmond Hill $130 below the New York City citywide 1BR median of $1,825. The month's figures are based on 22 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2020 | Vs. September 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,695 | −$305 (-15.3%) | −$30 (-1.7%) | $1,680 – $1,710 | 2 |
| 1BR | $1,650 | −$350 (-17.5%) | −$75 (-4.3%) | $1,625 – $1,700 | 3 |
| 1BR | $1,665 | −$335 (-16.8%) | −$60 (-3.5%) | $1,650 – $1,725 | 5 |
| 2BR | $2,375 | −$250 (-9.5%) | +$250 (+11.8%) | $2,263 – $2,488 | 2 |
| 2BR | $2,013 | −$612 (-23.3%) | −$112 (-5.3%) | $1,869 – $2,263 | 4 |
| 2BR | $1,863 | −$762 (-29.0%) | −$262 (-12.4%) | $1,856 – $1,869 | 2 |
| 3BR | $2,100 | $0 (0.0%) | −$300 (-12.5%) | $2,100 – $2,100 | 2 |
| 3BR | $2,100 | $0 (0.0%) | −$300 (-12.5%) | $2,100 – $2,100 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2020. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — September 2020
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,695 | $1,825 | −$130 (-7.1%) |
| 1BR | $1,650 | $1,825 | −$175 (-9.6%) |
| 1BR | $1,665 | $1,825 | −$160 (-8.8%) |
| 2BR | $2,375 | $2,200 | +$175 (+8.0%) |
| 2BR | $2,013 | $2,200 | −$187 (-8.5%) |
| 2BR | $1,863 | $2,200 | −$337 (-15.3%) |
| 3BR | $2,100 | $2,600 | −$500 (-19.2%) |
| 3BR | $2,100 | $2,600 | −$500 (-19.2%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in September 2020.