Monthly Rent Report
Richmond Hill Rent Report — February 2025
Asking rents in ZIP 11418, New York City, from 15 listings.
Median 1BR rent in Richmond Hill was $2,350 in February 2025 and up 23.7% year-over-year. The middle half of 1BR listings asked between $2,350 and $2,350. That puts Richmond Hill $128 below the New York City citywide 1BR median of $2,478. The month's figures are based on 15 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. February 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,350 | — | +$450 (+23.7%) | $2,350 – $2,350 | 1 |
| 1BR | $2,350 | — | +$450 (+23.7%) | $2,350 – $2,350 | 2 |
| 1BR | $2,350 | — | +$450 (+23.7%) | $2,350 – $2,350 | 2 |
| 2BR | $2,647 | −$353 (-11.8%) | +$247 (+10.3%) | $2,560 – $2,697 | 4 |
| 2BR | $3,029 | +$29 (+1.0%) | +$629 (+26.2%) | $3,029 – $3,029 | 1 |
| 3BR | $3,300 | +$451 (+15.8%) | −$1,150 (-25.8%) | $3,300 – $3,300 | 1 |
| 3BR | $3,300 | +$451 (+15.8%) | −$1,150 (-25.8%) | $3,300 – $3,300 | 1 |
| 4BR | $4,070 | −$430 (-9.6%) | — | $4,070 – $4,070 | 1 |
| 4BR | $4,070 | −$430 (-9.6%) | — | $4,070 – $4,070 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — February 2025
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,350 | $2,478 | −$127 (-5.1%) |
| 1BR | $2,350 | $2,478 | −$127 (-5.1%) |
| 1BR | $2,350 | $2,478 | −$127 (-5.1%) |
| 2BR | $2,647 | $3,000 | −$353 (-11.8%) |
| 2BR | $3,029 | $3,000 | +$29 (+1.0%) |
| 3BR | $3,300 | $3,600 | −$300 (-8.3%) |
| 3BR | $3,300 | $3,600 | −$300 (-8.3%) |
| 4BR | $4,070 | $4,200 | −$130 (-3.1%) |
| 4BR | $4,070 | $4,200 | −$130 (-3.1%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in February 2025.