Monthly Rent Report
South Richmond Hill Rent Report — May 2023
Asking rents in ZIP 11419, New York City, from 9 listings.
Median 1BR rent in South Richmond Hill was $1,800 in May 2023 and up 38.5% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts South Richmond Hill $677 below the New York City citywide 1BR median of $2,477. The month's figures are based on 9 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,800 | — | +$500 (+38.5%) | $1,800 – $1,800 | 1 |
| 1BR | $1,900 | — | +$600 (+46.2%) | $1,850 – $1,950 | 2 |
| 3BR | $2,300 | −$1,200 (-34.3%) | −$650 (-22.0%) | $2,300 – $2,300 | 1 |
| 3BR | $2,600 | −$900 (-25.7%) | −$350 (-11.9%) | $2,600 – $2,600 | 2 |
| 3BR | $2,600 | −$900 (-25.7%) | −$350 (-11.9%) | $2,450 – $2,600 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — May 2023
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,800 | $2,477 | −$677 (-27.3%) |
| 1BR | $1,900 | $2,477 | −$577 (-23.3%) |
| 3BR | $2,300 | $3,225 | −$925 (-28.7%) |
| 3BR | $2,600 | $3,225 | −$625 (-19.4%) |
| 3BR | $2,600 | $3,225 | −$625 (-19.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.