Monthly Rent Report
Richmond Hill Rent Report — February 2024
Asking rents in ZIP 11418, New York City, from 47 listings.
Median 1BR rent in Richmond Hill was $1,900 in February 2024, down 23.8% (−$595) from January 2024 and up 2.7% year-over-year. The middle half of 1BR listings asked between $1,875 and $1,925. That puts Richmond Hill $550 below the New York City citywide 1BR median of $2,450. The month's figures are based on 47 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,097 | $0 (0.0%) | — | $2,097 – $2,097 | 1 |
| Studio | $1,600 | −$497 (-23.7%) | — | $1,600 – $1,600 | 1 |
| Studio | $2,097 | $0 (0.0%) | — | $2,097 – $2,097 | 1 |
| Studio | $2,097 | $0 (0.0%) | — | $1,849 – $2,097 | 3 |
| 1BR | $1,900 | −$595 (-23.8%) | +$50 (+2.7%) | $1,875 – $1,925 | 2 |
| 1BR | $2,750 | +$255 (+10.2%) | +$900 (+48.6%) | $2,700 – $2,750 | 5 |
| 1BR | $2,700 | +$205 (+8.2%) | +$850 (+45.9%) | $1,900 – $2,750 | 7 |
| 2BR | $3,000 | +$450 (+17.6%) | −$100 (-3.2%) | $3,000 – $3,000 | 1 |
| 2BR | $2,595 | +$45 (+1.8%) | −$505 (-16.3%) | $2,595 – $2,595 | 2 |
| 2BR | $3,200 | +$650 (+25.5%) | +$100 (+3.2%) | $3,175 – $3,200 | 4 |
| 2BR | $2,400 | −$150 (-5.9%) | −$700 (-22.6%) | $2,350 – $2,400 | 8 |
| 3BR | $4,450 | +$2,125 (+91.4%) | +$2,150 (+93.5%) | $4,450 – $4,463 | 4 |
| 3BR | $4,450 | +$2,125 (+91.4%) | +$2,150 (+93.5%) | $3,817 – $4,450 | 6 |
| 3BR | $3,606 | +$1,281 (+55.1%) | +$1,306 (+56.8%) | $3,606 – $3,606 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — February 2024
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,097 | $2,359 | −$262 (-11.1%) |
| Studio | $1,600 | $2,359 | −$759 (-32.2%) |
| Studio | $2,097 | $2,359 | −$262 (-11.1%) |
| Studio | $2,097 | $2,359 | −$262 (-11.1%) |
| 1BR | $1,900 | $2,450 | −$550 (-22.4%) |
| 1BR | $2,750 | $2,450 | +$300 (+12.2%) |
| 1BR | $2,700 | $2,450 | +$250 (+10.2%) |
| 2BR | $3,000 | $2,979 | +$21 (+0.7%) |
| 2BR | $2,595 | $2,979 | −$384 (-12.9%) |
| 2BR | $3,200 | $2,979 | +$221 (+7.4%) |
| 2BR | $2,400 | $2,979 | −$579 (-19.4%) |
| 3BR | $4,450 | $3,500 | +$950 (+27.1%) |
| 3BR | $4,450 | $3,500 | +$950 (+27.1%) |
| 3BR | $3,606 | $3,500 | +$106 (+3.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.