Monthly Rent Report
Richmond Hill Rent Report — July 2025
Asking rents in ZIP 11418, New York City, from 17 listings.
Median 1BR rent in Richmond Hill was $3,050 in July 2025, up 29.8% (+$700) from June 2025 and up 10.2% year-over-year. The middle half of 1BR listings asked between $3,050 and $3,050. That puts Richmond Hill $457 above the New York City citywide 1BR median of $2,594. The month's figures are based on 17 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2025 | Vs. July 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,466 | — | −$19 (-0.8%) | $2,466 – $2,466 | 1 |
| Studio | $2,466 | — | −$19 (-0.8%) | $2,466 – $2,466 | 3 |
| 1BR | $3,050 | +$700 (+29.8%) | +$283 (+10.2%) | $3,050 – $3,050 | 5 |
| 3BR | $3,600 | −$50 (-1.4%) | +$503 (+16.2%) | $3,600 – $3,600 | 1 |
| 3BR | $3,600 | −$50 (-1.4%) | +$503 (+16.2%) | $3,600 – $3,600 | 1 |
| 4BR | $4,115 | +$765 (+22.8%) | −$1,860 (-31.1%) | $4,115 – $4,115 | 2 |
| 4BR | $4,115 | +$765 (+22.8%) | −$1,860 (-31.1%) | $4,115 – $4,115 | 3 |
| 4BR | $3,800 | +$450 (+13.4%) | −$2,175 (-36.4%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2025. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — July 2025
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,466 | $2,684 | −$218 (-8.1%) |
| Studio | $2,466 | $2,684 | −$218 (-8.1%) |
| 1BR | $3,050 | $2,594 | +$457 (+17.6%) |
| 3BR | $3,600 | $3,777 | −$177 (-4.7%) |
| 3BR | $3,600 | $3,777 | −$177 (-4.7%) |
| 4BR | $4,115 | $4,375 | −$260 (-5.9%) |
| 4BR | $4,115 | $4,375 | −$260 (-5.9%) |
| 4BR | $3,800 | $4,375 | −$575 (-13.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2025.