Monthly Rent Report
Richmond Hill Rent Report — April 2023
Asking rents in ZIP 11418, New York City, from 28 listings.
Median 1BR rent in Richmond Hill was $2,238 in April 2023, up 6.6% (+$139) from March 2023 and up 21.0% year-over-year. The middle half of 1BR listings asked between $2,238 and $2,238. That puts Richmond Hill $135 below the New York City citywide 1BR median of $2,373. The month's figures are based on 28 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,690 | +$95 (+6.0%) | — | $1,643 – $1,738 | 2 |
| Studio | $1,785 | +$190 (+11.9%) | — | $1,785 – $1,785 | 1 |
| Studio | $1,595 | $0 (0.0%) | — | $1,595 – $1,595 | 1 |
| 1BR | $2,238 | +$139 (+6.6%) | +$388 (+21.0%) | $2,238 – $2,238 | 1 |
| 1BR | $1,650 | −$449 (-21.4%) | −$200 (-10.8%) | $1,500 – $1,875 | 3 |
| 1BR | $1,875 | −$224 (-10.7%) | +$25 (+1.3%) | $1,575 – $2,134 | 4 |
| 2BR | $2,000 | — | −$300 (-13.0%) | $1,725 – $2,000 | 3 |
| 2BR | $2,000 | — | −$300 (-13.0%) | $1,725 – $2,000 | 3 |
| 3BR | $2,700 | — | −$1,000 (-27.0%) | $2,700 – $2,700 | 1 |
| 3BR | $2,700 | — | −$1,000 (-27.0%) | $2,700 – $2,700 | 1 |
| 4BR | $2,600 | −$700 (-21.2%) | — | $2,550 – $2,775 | 4 |
| 4BR | $2,600 | −$700 (-21.2%) | — | $2,550 – $2,775 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — April 2023
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,690 | $2,349 | −$659 (-28.1%) |
| Studio | $1,785 | $2,349 | −$564 (-24.0%) |
| Studio | $1,595 | $2,349 | −$754 (-32.1%) |
| 1BR | $2,238 | $2,373 | −$134 (-5.7%) |
| 1BR | $1,650 | $2,373 | −$722 (-30.5%) |
| 1BR | $1,875 | $2,373 | −$498 (-21.0%) |
| 2BR | $2,000 | $2,795 | −$795 (-28.4%) |
| 2BR | $2,000 | $2,795 | −$795 (-28.4%) |
| 3BR | $2,700 | $3,200 | −$500 (-15.6%) |
| 3BR | $2,700 | $3,200 | −$500 (-15.6%) |
| 4BR | $2,600 | $4,148 | −$1,547 (-37.3%) |
| 4BR | $2,600 | $4,148 | −$1,547 (-37.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.