Monthly Rent Report

Richmond Hill Rent Report — December 2022

Asking rents in ZIP 11418, New York City, from 19 listings.

Median 2BR rent in Richmond Hill was $2,650 in December 2022, down 11.5% (−$345) from November 2022 and up 32.5% year-over-year. The middle half of 2BR listings asked between $2,613 and $2,838. That puts Richmond Hill $50 below the New York City citywide 2BR median of $2,700. The month's figures are based on 19 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2022Vs. December 2021P25–P75 RangeListings
Studio$1,700+$250 (+17.2%)—$1,700 – $1,7001
Studio$1,700+$250 (+17.2%)—$1,700 – $1,7002
2BR$2,650−$345 (-11.5%)+$650 (+32.5%)$2,613 – $2,8386
2BR$2,650−$345 (-11.5%)+$650 (+32.5%)$2,625 – $2,7753
3BR$2,700−$100 (-3.6%)—$2,600 – $2,8002
3BR$2,550−$250 (-8.9%)—$2,500 – $2,9005

Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.

Richmond Hill vs. New York City — December 2022

BedroomsRichmond Hill MedianNYC Citywide MedianDifference
Studio$1,700$2,098−$397 (-19.0%)
Studio$1,700$2,098−$397 (-19.0%)
2BR$2,650$2,700−$50 (-1.9%)
2BR$2,650$2,700−$50 (-1.9%)
3BR$2,700$3,200−$500 (-15.6%)
3BR$2,550$3,200−$650 (-20.3%)

Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.

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