Monthly Rent Report
South Richmond Hill Rent Report — May 2015
Asking rents in ZIP 11419, New York City, from 164 listings.
Median 1BR rent in South Richmond Hill was $1,450 in May 2015, flat versus April 2015 and down 9.4% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,450. That puts South Richmond Hill $248 below the New York City citywide 1BR median of $1,698. The month's figures are based on 164 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2015 | Vs. May 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,225 | −$25 (-2.0%) | — | $1,200 – $1,250 | 6 |
| Studio | $1,250 | $0 (0.0%) | — | $1,200 – $1,250 | 7 |
| 1BR | $1,450 | $0 (0.0%) | −$150 (-9.4%) | $1,350 – $1,450 | 37 |
| 1BR | $1,450 | $0 (0.0%) | −$150 (-9.4%) | $1,350 – $1,450 | 32 |
| 2BR | $1,650 | +$150 (+10.0%) | +$300 (+22.2%) | $1,650 – $1,800 | 19 |
| 2BR | $1,650 | +$150 (+10.0%) | +$300 (+22.2%) | $1,650 – $1,763 | 22 |
| 3BR | $1,990 | +$215 (+12.1%) | +$340 (+20.6%) | $1,763 – $2,000 | 18 |
| 3BR | $1,990 | +$215 (+12.1%) | +$340 (+20.6%) | $1,750 – $2,000 | 21 |
| 4BR | $2,000 | — | −$400 (-16.7%) | $2,000 – $2,000 | 1 |
| 4BR | $2,000 | — | −$400 (-16.7%) | $2,000 – $2,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2015. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — May 2015
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,225 | $1,500 | −$275 (-18.3%) |
| Studio | $1,250 | $1,500 | −$250 (-16.7%) |
| 1BR | $1,450 | $1,698 | −$247 (-14.6%) |
| 1BR | $1,450 | $1,698 | −$247 (-14.6%) |
| 2BR | $1,650 | $2,100 | −$450 (-21.4%) |
| 2BR | $1,650 | $2,100 | −$450 (-21.4%) |
| 3BR | $1,990 | $2,500 | −$510 (-20.4%) |
| 3BR | $1,990 | $2,500 | −$510 (-20.4%) |
| 4BR | $2,000 | $3,200 | −$1,200 (-37.5%) |
| 4BR | $2,000 | $3,200 | −$1,200 (-37.5%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in May 2015.