Monthly Rent Report
Richmond Hill Rent Report — January 2024
Asking rents in ZIP 11418, New York City, from 25 listings.
Median 1BR rent in Richmond Hill was $2,495 in January 2024, up 42.6% (+$745) from December 2023 and up 91.9% year-over-year. The middle half of 1BR listings asked between $2,495 and $2,495. That puts Richmond Hill $145 above the New York City citywide 1BR median of $2,350. The month's figures are based on 25 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,097 | $0 (0.0%) | +$397 (+23.4%) | $2,097 – $2,097 | 1 |
| Studio | $2,097 | $0 (0.0%) | +$397 (+23.4%) | $2,097 – $2,097 | 1 |
| 1BR | $2,495 | +$745 (+42.6%) | +$1,195 (+91.9%) | $2,495 – $2,495 | 1 |
| 1BR | $1,800 | +$50 (+2.9%) | +$500 (+38.5%) | $1,800 – $1,800 | 1 |
| 1BR | $2,328 | +$578 (+33.0%) | +$1,028 (+79.0%) | $2,244 – $2,411 | 2 |
| 1BR | $2,160 | +$410 (+23.4%) | +$860 (+66.2%) | $2,160 – $2,160 | 1 |
| 2BR | $2,550 | −$247 (-8.8%) | −$200 (-7.3%) | $2,150 – $2,950 | 4 |
| 2BR | $2,550 | −$247 (-8.8%) | −$200 (-7.3%) | $2,150 – $2,950 | 4 |
| 2BR | $3,200 | +$403 (+14.4%) | +$450 (+16.4%) | $3,095 – $3,295 | 3 |
| 3BR | $2,325 | −$550 (-19.1%) | −$575 (-19.8%) | $1,988 – $2,663 | 2 |
| 3BR | $2,325 | −$550 (-19.1%) | −$575 (-19.8%) | $1,988 – $2,663 | 2 |
| 3BR | $3,500 | +$625 (+21.7%) | +$600 (+20.7%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — January 2024
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,097 | $2,338 | −$240 (-10.3%) |
| Studio | $2,097 | $2,338 | −$240 (-10.3%) |
| 1BR | $2,495 | $2,350 | +$145 (+6.2%) |
| 1BR | $1,800 | $2,350 | −$550 (-23.4%) |
| 1BR | $2,328 | $2,350 | −$22 (-1.0%) |
| 1BR | $2,160 | $2,350 | −$190 (-8.1%) |
| 2BR | $2,550 | $2,885 | −$335 (-11.6%) |
| 2BR | $2,550 | $2,885 | −$335 (-11.6%) |
| 2BR | $3,200 | $2,885 | +$315 (+10.9%) |
| 3BR | $2,325 | $3,443 | −$1,118 (-32.5%) |
| 3BR | $2,325 | $3,443 | −$1,118 (-32.5%) |
| 3BR | $3,500 | $3,443 | +$57 (+1.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.