Monthly Rent Report
South Richmond Hill Rent Report — May 2016
Asking rents in ZIP 11419, New York City, from 29 listings.
Median 1BR rent in South Richmond Hill was $1,500 in May 2016, flat versus April 2016 and up 3.4% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts South Richmond Hill $200 below the New York City citywide 1BR median of $1,700. The month's figures are based on 29 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2016 | Vs. May 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | −$2,700 (-69.2%) | −$50 (-4.0%) | $1,175 – $1,300 | 4 |
| 1BR | $1,500 | $0 (0.0%) | +$50 (+3.4%) | $1,500 – $1,500 | 5 |
| 2BR | $1,538 | −$112 (-6.8%) | −$112 (-6.8%) | $1,519 – $1,556 | 2 |
| 3BR | $2,000 | $0 (0.0%) | +$10 (+0.5%) | $2,000 – $2,200 | 13 |
| 4BR | $3,350 | $0 (0.0%) | +$1,350 (+67.5%) | $3,350 – $3,350 | 5 |
Median, P25, and P75 are asking rents from listings posted in May 2016. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — May 2016
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,550 | −$350 (-22.6%) |
| 1BR | $1,500 | $1,700 | −$199 (-11.7%) |
| 2BR | $1,538 | $2,100 | −$562 (-26.8%) |
| 3BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 4BR | $3,350 | $3,325 | +$25 (+0.8%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in May 2016.