Monthly Rent Report
Richmond Hill Rent Report — September 2023
Asking rents in ZIP 11418, New York City, from 5 listings.
Median 2BR rent in Richmond Hill was $2,898 in September 2023, up 5.4% (+$148) from August 2023 and up 13.6% year-over-year. The middle half of 2BR listings asked between $2,746 and $3,049. That puts Richmond Hill $103 below the New York City citywide 2BR median of $3,000. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,097 | — | — | $2,097 – $2,097 | 1 |
| Studio | $2,097 | — | — | $2,097 – $2,097 | 1 |
| 2BR | $2,898 | +$148 (+5.4%) | +$348 (+13.6%) | $2,746 – $3,049 | 2 |
| 2BR | $2,595 | −$155 (-5.6%) | +$45 (+1.8%) | $2,595 – $2,595 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — September 2023
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,097 | $2,400 | −$303 (-12.6%) |
| Studio | $2,097 | $2,400 | −$303 (-12.6%) |
| 2BR | $2,898 | $3,000 | −$102 (-3.4%) |
| 2BR | $2,595 | $3,000 | −$405 (-13.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.