Monthly Rent Report
South Richmond Hill Rent Report — August 2016
Asking rents in ZIP 11419, New York City, from 45 listings.
Median 1BR rent in South Richmond Hill was $1,350 in August 2016, down 3.6% (−$50) from July 2016 and down 6.9% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts South Richmond Hill $348 below the New York City citywide 1BR median of $1,698. The month's figures are based on 45 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2016 | Vs. August 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,525 | −$400 (-20.8%) | +$350 (+29.8%) | $1,375 – $1,600 | 10 |
| 1BR | $1,350 | −$50 (-3.6%) | −$100 (-6.9%) | $1,350 – $1,350 | 4 |
| 2BR | $1,800 | $0 (0.0%) | +$75 (+4.3%) | $1,700 – $1,800 | 10 |
| 3BR | $2,100 | +$100 (+5.0%) | +$200 (+10.5%) | $2,000 – $2,200 | 16 |
| 4BR | $2,400 | −$50 (-2.0%) | — | $2,400 – $2,450 | 5 |
Median, P25, and P75 are asking rents from listings posted in August 2016. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — August 2016
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,525 | $1,638 | −$112 (-6.9%) |
| 1BR | $1,350 | $1,698 | −$347 (-20.5%) |
| 2BR | $1,800 | $2,100 | −$300 (-14.3%) |
| 3BR | $2,100 | $2,599 | −$499 (-19.2%) |
| 4BR | $2,400 | $3,200 | −$800 (-25.0%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in August 2016.