Monthly Rent Report
South Richmond Hill Rent Report — March 2023
Asking rents in ZIP 11419, New York City, from 8 listings.
Median 2BR rent in South Richmond Hill was $2,300 in March 2023, flat versus February 2023 and up 21.1% year-over-year. The middle half of 2BR listings asked between $2,300 and $2,300. That puts South Richmond Hill $350 below the New York City citywide 2BR median of $2,650. The month's figures are based on 8 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $2,300 | $0 (0.0%) | +$400 (+21.1%) | $2,300 – $2,300 | 2 |
| 2BR | $2,300 | $0 (0.0%) | +$400 (+21.1%) | $2,300 – $2,300 | 2 |
| 3BR | $2,300 | −$200 (-8.0%) | +$50 (+2.2%) | $2,300 – $2,300 | 1 |
| 3BR | $2,300 | −$200 (-8.0%) | +$50 (+2.2%) | $2,300 – $2,300 | 1 |
| 4BR | $5,000 | — | +$2,500 (+100.0%) | $5,000 – $5,000 | 1 |
| 4BR | $5,000 | — | +$2,500 (+100.0%) | $5,000 – $5,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — March 2023
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 2BR | $2,300 | $2,650 | −$350 (-13.2%) |
| 2BR | $2,300 | $2,650 | −$350 (-13.2%) |
| 3BR | $2,300 | $3,200 | −$900 (-28.1%) |
| 3BR | $2,300 | $3,200 | −$900 (-28.1%) |
| 4BR | $5,000 | $3,995 | +$1,005 (+25.2%) |
| 4BR | $5,000 | $3,995 | +$1,005 (+25.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.