Monthly Rent Report
Richmond Hill Rent Report — August 2025
Asking rents in ZIP 11418, New York City, from 24 listings.
Median 1BR rent in Richmond Hill was $2,725 in August 2025, down 10.7% (−$325) from July 2025 and up 5.5% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,725. That puts Richmond Hill $25 above the New York City citywide 1BR median of $2,700. The month's figures are based on 24 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2025 | Vs. August 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,725 | −$325 (-10.7%) | +$141 (+5.5%) | $2,250 – $2,725 | 5 |
| 1BR | $3,050 | $0 (0.0%) | +$466 (+18.0%) | $3,050 – $3,050 | 10 |
| 1BR | $2,725 | −$325 (-10.7%) | +$141 (+5.5%) | $2,725 – $2,725 | 1 |
| 2BR | $4,000 | — | +$1,065 (+36.3%) | $4,000 – $4,000 | 2 |
| 2BR | $4,000 | — | +$1,065 (+36.3%) | $4,000 – $4,000 | 2 |
| 3BR | $4,800 | +$1,200 (+33.3%) | +$1,700 (+54.8%) | $4,800 – $4,800 | 1 |
| 4BR | $4,300 | +$500 (+13.2%) | −$2,700 (-38.6%) | $4,300 – $4,300 | 1 |
| 4BR | $4,300 | +$500 (+13.2%) | −$2,700 (-38.6%) | $4,300 – $4,300 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2025. Changes compare against the nearest prior month with data.
Richmond Hill vs. New York City — August 2025
| Bedrooms | Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,725 | $2,700 | +$25 (+0.9%) |
| 1BR | $3,050 | $2,700 | +$350 (+13.0%) |
| 1BR | $2,725 | $2,700 | +$25 (+0.9%) |
| 2BR | $4,000 | $3,200 | +$800 (+25.0%) |
| 2BR | $4,000 | $3,200 | +$800 (+25.0%) |
| 3BR | $4,800 | $3,763 | +$1,038 (+27.6%) |
| 4BR | $4,300 | $4,600 | −$300 (-6.5%) |
| 4BR | $4,300 | $4,600 | −$300 (-6.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2025.