Monthly Rent Report
South Richmond Hill Rent Report — May 2014
Asking rents in ZIP 11419, New York City, from 67 listings.
Median 1BR rent in South Richmond Hill was $1,600 in May 2014, down 27.3% (−$600) from April 2014. The middle half of 1BR listings asked between $1,450 and $1,600. That puts South Richmond Hill $100 above the New York City citywide 1BR median of $1,500. The month's figures are based on 67 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2014 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,600 | −$600 (-27.3%) | — | $1,450 – $1,600 | 6 |
| 1BR | $1,400 | −$800 (-36.4%) | — | $1,400 – $1,400 | 2 |
| 1BR | $1,600 | −$600 (-27.3%) | — | $1,600 – $1,600 | 6 |
| 2BR | $1,350 | −$50 (-3.6%) | — | $1,300 – $1,375 | 7 |
| 2BR | $1,350 | −$50 (-3.6%) | — | $1,350 – $1,600 | 9 |
| 2BR | $1,350 | −$50 (-3.6%) | — | $1,350 – $1,350 | 10 |
| 3BR | $1,650 | −$25 (-1.5%) | — | $1,650 – $1,800 | 7 |
| 3BR | $1,800 | +$125 (+7.5%) | — | $1,800 – $2,100 | 7 |
| 3BR | $1,650 | −$25 (-1.5%) | — | $1,650 – $1,650 | 6 |
| 4BR | $2,400 | — | — | $2,400 – $2,400 | 4 |
| 4BR | $2,400 | — | — | $2,400 – $2,400 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2014. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — May 2014
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,600 | $1,500 | +$100 (+6.7%) |
| 1BR | $1,400 | $1,500 | −$100 (-6.7%) |
| 1BR | $1,600 | $1,500 | +$100 (+6.7%) |
| 2BR | $1,350 | $1,895 | −$545 (-28.8%) |
| 2BR | $1,350 | $1,895 | −$545 (-28.8%) |
| 2BR | $1,350 | $1,895 | −$545 (-28.8%) |
| 3BR | $1,650 | $2,300 | −$650 (-28.3%) |
| 3BR | $1,800 | $2,300 | −$500 (-21.7%) |
| 3BR | $1,650 | $2,300 | −$650 (-28.3%) |
| 4BR | $2,400 | $3,000 | −$600 (-20.0%) |
| 4BR | $2,400 | $3,000 | −$600 (-20.0%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2014.