Monthly Rent Report
Richmond Hill Rent Report — October 2020
Asking rents in ZIP 11418, New York City, from 9 listings.
Median 1BR rent in Richmond Hill was $1,875 in October 2020, up 13.6% (+$225) from September 2020 and up 13.6% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,900. That puts Richmond Hill $25 below the New York City citywide 1BR median of $1,900. The month's figures are based on 9 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2020 | Vs. October 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | — | +$120 (+7.8%) | $1,450 – $1,650 | 3 |
| 1BR | $1,875 | +$225 (+13.6%) | +$225 (+13.6%) | $1,825 – $1,900 | 4 |
| 1BR | $1,550 | −$100 (-6.1%) | −$100 (-6.1%) | $1,550 – $1,550 | 1 |
| 2BR | $1,800 | −$212 (-10.6%) | −$472 (-20.8%) | $1,800 – $1,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2020. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — October 2020
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,795 | −$144 (-8.1%) |
| 1BR | $1,875 | $1,900 | −$25 (-1.3%) |
| 1BR | $1,550 | $1,900 | −$350 (-18.4%) |
| 2BR | $1,800 | $2,250 | −$450 (-20.0%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in October 2020.