Monthly Rent Report
Richmond Hill Rent Report — March 2025
Asking rents in ZIP 11418, New York City, from 17 listings.
Median 1BR rent in Richmond Hill was $2,700 in March 2025, up 14.9% (+$350) from February 2025 and up 45.9% year-over-year. The middle half of 1BR listings asked between $2,700 and $2,700. That puts Richmond Hill $200 above the New York City citywide 1BR median of $2,500. The month's figures are based on 17 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,700 | +$350 (+14.9%) | +$850 (+45.9%) | $2,700 – $2,700 | 2 |
| 1BR | $850 | −$1,500 (-63.8%) | −$1,000 (-54.1%) | $850 – $850 | 1 |
| 2BR | $2,400 | −$629 (-20.8%) | −$397 (-14.2%) | $2,400 – $2,400 | 3 |
| 2BR | $2,474 | −$555 (-18.3%) | −$324 (-11.6%) | $2,435 – $2,632 | 4 |
| 2BR | $2,334 | −$695 (-23.0%) | −$464 (-16.6%) | $2,277 – $2,390 | 2 |
| 3BR | $2,500 | −$800 (-24.2%) | −$2,000 (-44.4%) | $2,500 – $2,500 | 1 |
| 3BR | $2,600 | −$700 (-21.2%) | −$1,900 (-42.2%) | $2,438 – $2,763 | 4 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — March 2025
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,700 | $2,500 | +$200 (+8.0%) |
| 1BR | $850 | $2,500 | −$1,650 (-66.0%) |
| 2BR | $2,400 | $2,938 | −$537 (-18.3%) |
| 2BR | $2,474 | $2,938 | −$464 (-15.8%) |
| 2BR | $2,334 | $2,938 | −$604 (-20.6%) |
| 3BR | $2,500 | $3,600 | −$1,100 (-30.6%) |
| 3BR | $2,600 | $3,600 | −$1,000 (-27.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.