Monthly Rent Report

South Richmond Hill Rent Report — June 2016

Asking rents in ZIP 11419, New York City, from 41 listings.

Median 1BR rent in South Richmond Hill was $1,200 in June 2016, down 20.0% (−$300) from May 2016 and down 17.1% year-over-year. The middle half of 1BR listings asked between $975 and $1,313. That puts South Richmond Hill $485 below the New York City citywide 1BR median of $1,685. The month's figures are based on 41 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2016Vs. June 2015P25–P75 RangeListings
Studio$1,600+$400 (+33.3%)+$300 (+23.1%)$1,469 – $1,92510
1BR$1,200−$300 (-20.0%)−$247 (-17.1%)$975 – $1,3136
2BR$1,800+$263 (+17.1%)−$200 (-10.0%)$1,800 – $1,9009
3BR$2,000$0 (0.0%)+$10 (+0.5%)$2,000 – $2,2005
4BR$2,400−$950 (-28.4%)+$400 (+20.0%)$2,200 – $3,35011

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

South Richmond Hill vs. New York CityJune 2016

BedroomsSouth Richmond Hill MedianNYC Citywide MedianDifference
Studio$1,600$1,575+$25 (+1.6%)
1BR$1,200$1,685−$485 (-28.8%)
2BR$1,800$2,100−$300 (-14.3%)
3BR$2,000$2,500−$500 (-20.0%)
4BR$2,400$3,400−$1,000 (-29.4%)

Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in June 2016.

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