Monthly Rent Report
Richmond Hill Rent Report — December 2023
Asking rents in ZIP 11418, New York City, from 72 listings.
Median 1BR rent in Richmond Hill was $2,200 in December 2023, down 22.4% (−$636) from November 2023. The middle half of 1BR listings asked between $1,750 and $2,545. That puts Richmond Hill $200 below the New York City citywide 1BR median of $2,400. The month's figures are based on 72 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,097 | $0 (0.0%) | +$397 (+23.4%) | $2,097 – $2,097 | 2 |
| Studio | $1,750 | −$347 (-16.5%) | +$50 (+2.9%) | $1,750 – $1,750 | 1 |
| Studio | $1,924 | −$173 (-8.3%) | +$224 (+13.1%) | $1,837 – $2,010 | 2 |
| 1BR | $2,200 | −$636 (-22.4%) | — | $1,750 – $2,545 | 15 |
| 1BR | $2,500 | −$336 (-11.9%) | — | $2,467 – $2,590 | 13 |
| 1BR | $1,750 | −$1,086 (-38.3%) | — | $1,508 – $1,825 | 10 |
| 1BR | $2,700 | −$136 (-4.8%) | — | $2,700 – $2,700 | 1 |
| 2BR | $2,198 | +$3 (+0.1%) | −$452 (-17.1%) | $2,184 – $2,400 | 4 |
| 2BR | $3,200 | +$1,005 (+45.8%) | +$550 (+20.8%) | $3,100 – $3,300 | 9 |
| 2BR | $2,595 | +$400 (+18.2%) | −$55 (-2.1%) | $2,595 – $2,595 | 3 |
| 2BR | $2,798 | +$603 (+27.4%) | +$148 (+5.6%) | $2,595 – $3,075 | 6 |
| 3BR | $2,875 | +$25 (+0.9%) | +$175 (+6.5%) | $2,813 – $2,938 | 2 |
| 3BR | $2,750 | −$100 (-3.5%) | +$50 (+1.9%) | $2,700 – $2,875 | 3 |
| 3BR | $3,300 | +$450 (+15.8%) | +$600 (+22.2%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — December 2023
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,097 | $2,362 | −$265 (-11.2%) |
| Studio | $1,750 | $2,362 | −$612 (-25.9%) |
| Studio | $1,924 | $2,362 | −$438 (-18.6%) |
| 1BR | $2,200 | $2,400 | −$200 (-8.3%) |
| 1BR | $2,500 | $2,400 | +$100 (+4.2%) |
| 1BR | $1,750 | $2,400 | −$650 (-27.1%) |
| 1BR | $2,700 | $2,400 | +$300 (+12.5%) |
| 2BR | $2,198 | $2,900 | −$702 (-24.2%) |
| 2BR | $3,200 | $2,900 | +$300 (+10.3%) |
| 2BR | $2,595 | $2,900 | −$305 (-10.5%) |
| 2BR | $2,798 | $2,900 | −$102 (-3.5%) |
| 3BR | $2,875 | $3,500 | −$625 (-17.9%) |
| 3BR | $2,750 | $3,500 | −$750 (-21.4%) |
| 3BR | $3,300 | $3,500 | −$200 (-5.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.