Monthly Rent Report

South Richmond Hill Rent Report — January 2016

Asking rents in ZIP 11419, New York City, from 74 listings.

Median 1BR rent in South Richmond Hill was $1,375 in January 2016, down 8.3% (−$125) from December 2015 and up 5.8% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,400. That puts South Richmond Hill $263 below the New York City citywide 1BR median of $1,638. The month's figures are based on 74 listings across 4 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. December 2015Vs. January 2015P25–P75 RangeListings
Studio$3,225−$1,775 (-35.5%)+$725 (+29.0%)$1,450 – $5,0008
1BR$1,375−$125 (-8.3%)+$75 (+5.8%)$1,350 – $1,40012
2BR$1,700+$100 (+6.3%)+$250 (+17.2%)$1,650 – $1,75043
3BR$2,200+$400 (+22.2%)+$400 (+22.2%)$1,975 – $2,40011

Median, P25, and P75 are asking rents from listings posted in January 2016. Changes compare against the nearest prior month with data.

South Richmond Hill vs. New York CityJanuary 2016

BedroomsSouth Richmond Hill MedianNYC Citywide MedianDifference
Studio$3,225$1,550+$1,675 (+108.1%)
1BR$1,375$1,638−$262 (-16.0%)
2BR$1,700$2,000−$300 (-15.0%)
3BR$2,200$2,495−$295 (-11.8%)

Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in January 2016.

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