Monthly Rent Report
South Richmond Hill Rent Report — February 2014
Asking rents in ZIP 11419, New York City, from 74 listings.
Median 1BR rent in South Richmond Hill was $1,275 in February 2014, down 3.8% (−$50) from January 2014. The middle half of 1BR listings asked between $1,250 and $1,600. That puts South Richmond Hill $175 below the New York City citywide 1BR median of $1,450. The month's figures are based on 74 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2014 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | — | — | $1,000 – $1,300 | 4 |
| Studio | $1,000 | — | — | $1,000 – $1,300 | 4 |
| 1BR | $1,275 | −$50 (-3.8%) | — | $1,250 – $1,600 | 13 |
| 1BR | $1,328 | +$3 (+0.2%) | — | $1,269 – $1,600 | 16 |
| 1BR | $2,200 | +$875 (+66.0%) | — | $2,200 – $2,200 | 3 |
| 2BR | $1,650 | $0 (0.0%) | — | $1,300 – $1,650 | 12 |
| 2BR | $1,650 | $0 (0.0%) | — | $1,300 – $1,650 | 12 |
| 3BR | $1,700 | $0 (0.0%) | — | $1,700 – $1,700 | 5 |
| 3BR | $1,700 | $0 (0.0%) | — | $1,700 – $1,700 | 1 |
| 3BR | $1,700 | $0 (0.0%) | — | $1,700 – $1,700 | 4 |
Median, P25, and P75 are asking rents from listings posted in February 2014. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — February 2014
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,320 | −$320 (-24.2%) |
| Studio | $1,000 | $1,320 | −$320 (-24.2%) |
| 1BR | $1,275 | $1,450 | −$175 (-12.1%) |
| 1BR | $1,328 | $1,450 | −$122 (-8.4%) |
| 1BR | $2,200 | $1,450 | +$750 (+51.7%) |
| 2BR | $1,650 | $1,825 | −$175 (-9.6%) |
| 2BR | $1,650 | $1,825 | −$175 (-9.6%) |
| 3BR | $1,700 | $2,200 | −$500 (-22.7%) |
| 3BR | $1,700 | $2,200 | −$500 (-22.7%) |
| 3BR | $1,700 | $2,200 | −$500 (-22.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in February 2014.