Monthly Rent Report
Richmond Hill Rent Report — November 2024
Asking rents in ZIP 11418, New York City, from 19 listings.
Median 1BR rent in Richmond Hill was $2,800 in November 2024, up 27.3% (+$600) from October 2024 and down 1.3% year-over-year. The middle half of 1BR listings asked between $2,650 and $2,900. That puts Richmond Hill $350 above the New York City citywide 1BR median of $2,450. The month's figures are based on 19 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | −$4,805 (-73.9%) | −$402 (-19.2%) | $1,695 – $1,695 | 1 |
| 1BR | $2,800 | +$600 (+27.3%) | −$36 (-1.3%) | $2,650 – $2,900 | 4 |
| 2BR | $2,900 | −$100 (-3.3%) | −$325 (-10.1%) | $2,900 – $2,900 | 1 |
| 3BR | $3,000 | +$300 (+11.1%) | +$150 (+5.3%) | $3,000 – $3,400 | 9 |
| 4BR | $5,100 | −$150 (-2.9%) | — | $3,100 – $7,000 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — November 2024
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $2,383 | −$688 (-28.9%) |
| 1BR | $2,800 | $2,450 | +$350 (+14.3%) |
| 2BR | $2,900 | $2,950 | −$50 (-1.7%) |
| 3BR | $3,000 | $3,600 | −$600 (-16.7%) |
| 4BR | $5,100 | $4,375 | +$725 (+16.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.