Monthly Rent Report
South Richmond Hill Rent Report — February 2016
Asking rents in ZIP 11419, New York City, from 31 listings.
Median 1BR rent in South Richmond Hill was $1,413 in February 2016, up 2.7% (+$38) from January 2016 and up 7.6% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,444. That puts South Richmond Hill $238 below the New York City citywide 1BR median of $1,650. The month's figures are based on 31 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2016 | Vs. February 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,450 | +$1,225 (+38.0%) | — | $3,288 – $5,000 | 4 |
| 1BR | $1,413 | +$38 (+2.7%) | +$100 (+7.6%) | $1,400 – $1,444 | 6 |
| 2BR | $1,750 | +$50 (+2.9%) | +$250 (+16.7%) | $1,650 – $1,763 | 8 |
| 3BR | $2,200 | $0 (0.0%) | +$300 (+15.8%) | $2,100 – $2,300 | 13 |
Median, P25, and P75 are asking rents from listings posted in February 2016. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — February 2016
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,450 | $1,575 | +$2,875 (+182.5%) |
| 1BR | $1,413 | $1,650 | −$237 (-14.4%) |
| 2BR | $1,750 | $2,000 | −$250 (-12.5%) |
| 3BR | $2,200 | $2,450 | −$250 (-10.2%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in February 2016.