Monthly Rent Report
South Richmond Hill Rent Report — April 2016
Asking rents in ZIP 11419, New York City, from 41 listings.
Median 1BR rent in South Richmond Hill was $1,500 in April 2016, up 7.1% (+$100) from March 2016 and up 3.4% year-over-year. The middle half of 1BR listings asked between $1,463 and $1,500. That puts South Richmond Hill $175 below the New York City citywide 1BR median of $1,675. The month's figures are based on 41 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2016 | Vs. April 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,900 | $0 (0.0%) | +$2,650 (+212.0%) | $3,900 – $3,900 | 2 |
| 1BR | $1,500 | +$100 (+7.1%) | +$50 (+3.4%) | $1,463 – $1,500 | 12 |
| 2BR | $1,650 | −$100 (-5.7%) | +$150 (+10.0%) | $1,500 – $1,750 | 9 |
| 3BR | $2,000 | −$100 (-4.8%) | +$225 (+12.7%) | $2,000 – $2,200 | 14 |
| 4BR | $3,350 | — | — | $3,350 – $3,350 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2016. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — April 2016
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,900 | $1,600 | +$2,300 (+143.8%) |
| 1BR | $1,500 | $1,675 | −$175 (-10.4%) |
| 2BR | $1,650 | $2,100 | −$450 (-21.4%) |
| 3BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 4BR | $3,350 | $3,299 | +$51 (+1.5%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in April 2016.