Monthly Rent Report
South Richmond Hill Rent Report — March 2016
Asking rents in ZIP 11419, New York City, from 63 listings.
Median 1BR rent in South Richmond Hill was $1,400 in March 2016, down 0.9% (−$12) from February 2016 and up 2.8% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,675. That puts South Richmond Hill $250 below the New York City citywide 1BR median of $1,650. The month's figures are based on 63 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2016 | Vs. March 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,900 | −$550 (-12.4%) | — | $3,900 – $4,450 | 7 |
| 1BR | $1,400 | −$12 (-0.9%) | +$38 (+2.8%) | $1,350 – $1,675 | 22 |
| 2BR | $1,750 | $0 (0.0%) | +$300 (+20.7%) | $1,750 – $1,800 | 13 |
| 3BR | $2,100 | −$100 (-4.5%) | +$300 (+16.7%) | $2,000 – $2,499 | 21 |
Median, P25, and P75 are asking rents from listings posted in March 2016. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — March 2016
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,900 | $1,569 | +$2,331 (+148.6%) |
| 1BR | $1,400 | $1,650 | −$250 (-15.2%) |
| 2BR | $1,750 | $2,025 | −$275 (-13.6%) |
| 3BR | $2,100 | $2,500 | −$400 (-16.0%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in March 2016.