Monthly Rent Report
Richmond Hill Rent Report — January 2025
Asking rents in ZIP 11418, New York City, from 9 listings.
Median 3BR rent in Richmond Hill was $2,849 in January 2025, down 1.7% (−$50) from December 2024 and up 22.5% year-over-year. The middle half of 3BR listings asked between $2,849 and $2,862. That puts Richmond Hill $651 below the New York City citywide 3BR median of $3,500. The month's figures are based on 9 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $3,000 | −$50 (-1.6%) | −$200 (-6.3%) | $3,000 – $3,000 | 1 |
| 2BR | $3,000 | −$50 (-1.6%) | −$200 (-6.3%) | $3,000 – $3,000 | 1 |
| 3BR | $2,849 | −$50 (-1.7%) | +$524 (+22.5%) | $2,849 – $2,849 | 1 |
| 3BR | $2,849 | −$50 (-1.7%) | +$524 (+22.5%) | $2,849 – $2,862 | 4 |
| 4BR | $4,500 | −$1,500 (-25.0%) | — | $4,500 – $4,500 | 1 |
| 4BR | $4,500 | −$1,500 (-25.0%) | — | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — January 2025
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 3BR | $2,849 | $3,500 | −$651 (-18.6%) |
| 3BR | $2,849 | $3,500 | −$651 (-18.6%) |
| 4BR | $4,500 | $4,100 | +$400 (+9.8%) |
| 4BR | $4,500 | $4,100 | +$400 (+9.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.