Monthly Rent Report
South Richmond Hill Rent Report — July 2016
Asking rents in ZIP 11419, New York City, from 32 listings.
Median 1BR rent in South Richmond Hill was $1,400 in July 2016, up 16.7% (+$200) from June 2016 and down 3.4% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,400. That puts South Richmond Hill $300 below the New York City citywide 1BR median of $1,700. The month's figures are based on 32 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2016 | Vs. July 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,925 | +$325 (+20.3%) | +$750 (+63.8%) | $1,600 – $3,100 | 5 |
| 1BR | $1,400 | +$200 (+16.7%) | −$50 (-3.4%) | $1,200 – $1,400 | 10 |
| 2BR | $1,800 | $0 (0.0%) | $0 (0.0%) | $1,800 – $1,825 | 8 |
| 3BR | $2,000 | $0 (0.0%) | +$100 (+5.3%) | $1,825 – $2,000 | 3 |
| 4BR | $2,450 | +$50 (+2.1%) | +$450 (+22.5%) | $2,263 – $3,125 | 6 |
Median, P25, and P75 are asking rents from listings posted in July 2016. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — July 2016
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,925 | $1,600 | +$325 (+20.3%) |
| 1BR | $1,400 | $1,700 | −$300 (-17.6%) |
| 2BR | $1,800 | $2,100 | −$300 (-14.3%) |
| 3BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 4BR | $2,450 | $3,325 | −$875 (-26.3%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in July 2016.