Monthly Rent Report
Richmond Hill Rent Report — June 2024
Asking rents in ZIP 11418, New York City, from 60 listings.
Median 1BR rent in Richmond Hill was $2,700 in June 2024, up 22.7% (+$500) from May 2024 and up 17.4% year-over-year. The middle half of 1BR listings asked between $2,450 and $2,788. That puts Richmond Hill $250 above the New York City citywide 1BR median of $2,450. The month's figures are based on 60 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,119 | +$444 (+26.5%) | +$124 (+6.2%) | $1,950 – $2,288 | 4 |
| Studio | $1,850 | +$175 (+10.4%) | −$145 (-7.3%) | $1,850 – $1,850 | 2 |
| Studio | $1,975 | +$300 (+17.9%) | −$20 (-1.0%) | $1,950 – $2,216 | 6 |
| Studio | $2,000 | +$325 (+19.4%) | +$5 (+0.3%) | $2,000 – $2,000 | 1 |
| 1BR | $2,700 | +$500 (+22.7%) | +$400 (+17.4%) | $2,450 – $2,788 | 12 |
| 1BR | $2,300 | +$100 (+4.5%) | $0 (0.0%) | $2,200 – $2,900 | 5 |
| 1BR | $2,700 | +$500 (+22.7%) | +$400 (+17.4%) | $2,700 – $2,750 | 9 |
| 1BR | $2,500 | +$300 (+13.6%) | +$200 (+8.7%) | $2,500 – $2,500 | 1 |
| 2BR | $2,800 | −$450 (-13.8%) | +$700 (+33.3%) | $2,800 – $2,800 | 1 |
| 2BR | $2,850 | −$400 (-12.3%) | +$750 (+35.7%) | $2,825 – $2,875 | 2 |
| 2BR | $3,300 | +$50 (+1.5%) | +$1,200 (+57.1%) | $3,300 – $3,300 | 2 |
| 2BR | $2,000 | −$1,250 (-38.5%) | −$100 (-4.8%) | $1,875 – $2,600 | 3 |
| 3BR | $3,606 | +$306 (+9.3%) | +$956 (+36.1%) | $3,500 – $4,500 | 5 |
| 3BR | $3,850 | +$550 (+16.7%) | +$1,200 (+45.3%) | $3,525 – $4,175 | 2 |
| 3BR | $3,348 | +$48 (+1.4%) | +$698 (+26.3%) | $3,271 – $3,424 | 2 |
| 4BR | $7,000 | +$4,050 (+137.3%) | — | $7,000 – $7,000 | 2 |
| 4BR | $7,000 | +$4,050 (+137.3%) | — | $7,000 – $7,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — June 2024
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,119 | $2,440 | −$321 (-13.2%) |
| Studio | $1,850 | $2,440 | −$590 (-24.2%) |
| Studio | $1,975 | $2,440 | −$465 (-19.1%) |
| Studio | $2,000 | $2,440 | −$440 (-18.0%) |
| 1BR | $2,700 | $2,450 | +$250 (+10.2%) |
| 1BR | $2,300 | $2,450 | −$150 (-6.1%) |
| 1BR | $2,700 | $2,450 | +$250 (+10.2%) |
| 1BR | $2,500 | $2,450 | +$50 (+2.0%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 2BR | $2,850 | $2,900 | −$50 (-1.7%) |
| 2BR | $3,300 | $2,900 | +$400 (+13.8%) |
| 2BR | $2,000 | $2,900 | −$900 (-31.0%) |
| 3BR | $3,606 | $3,600 | +$6 (+0.2%) |
| 3BR | $3,850 | $3,600 | +$250 (+6.9%) |
| 3BR | $3,348 | $3,600 | −$252 (-7.0%) |
| 4BR | $7,000 | $4,256 | +$2,744 (+64.5%) |
| 4BR | $7,000 | $4,256 | +$2,744 (+64.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.