Monthly Rent Report
Richmond Hill Rent Report — June 2023
Asking rents in ZIP 11418, New York City, from 10 listings.
Median 1BR rent in Richmond Hill was $2,090 in June 2023, up 63.9% (+$815) from May 2023. The middle half of 1BR listings asked between $2,090 and $2,090. That puts Richmond Hill $398 below the New York City citywide 1BR median of $2,488. The month's figures are based on 10 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | −$955 (-32.4%) | — | $1,995 – $1,995 | 1 |
| Studio | $1,995 | −$955 (-32.4%) | — | $1,995 – $1,995 | 1 |
| 1BR | $2,090 | +$815 (+63.9%) | — | $2,090 – $2,090 | 1 |
| 1BR | $2,400 | +$1,125 (+88.2%) | — | $2,400 – $2,400 | 1 |
| 1BR | $2,300 | +$1,025 (+80.4%) | — | $2,250 – $2,350 | 2 |
| 2BR | $2,100 | — | −$200 (-8.7%) | $2,100 – $2,100 | 1 |
| 2BR | $2,100 | — | −$200 (-8.7%) | $2,100 – $2,100 | 1 |
| 3BR | $2,650 | −$50 (-1.9%) | +$400 (+17.8%) | $2,650 – $2,650 | 1 |
| 3BR | $2,650 | −$50 (-1.9%) | +$400 (+17.8%) | $2,650 – $2,650 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — June 2023
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $2,500 | −$505 (-20.2%) |
| Studio | $1,995 | $2,500 | −$505 (-20.2%) |
| 1BR | $2,090 | $2,488 | −$397 (-16.0%) |
| 1BR | $2,400 | $2,488 | −$87 (-3.5%) |
| 1BR | $2,300 | $2,488 | −$187 (-7.5%) |
| 2BR | $2,100 | $2,828 | −$728 (-25.7%) |
| 2BR | $2,100 | $2,828 | −$728 (-25.7%) |
| 3BR | $2,650 | $3,300 | −$650 (-19.7%) |
| 3BR | $2,650 | $3,300 | −$650 (-19.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.