Monthly Rent Report
South Richmond Hill Rent Report — October 2023
Asking rents in ZIP 11419, New York City, from 17 listings.
Median 2BR rent in South Richmond Hill was $1,925 in October 2023, down 1.9% (−$37) from September 2023 and down 16.3% year-over-year. The middle half of 2BR listings asked between $1,925 and $2,000. That puts South Richmond Hill $975 below the New York City citywide 2BR median of $2,900. The month's figures are based on 17 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,700 | — | +$3,000 (+176.5%) | $4,700 – $4,700 | 2 |
| Studio | $4,700 | — | +$3,000 (+176.5%) | $4,700 – $4,700 | 2 |
| 2BR | $1,925 | −$37 (-1.9%) | −$375 (-16.3%) | $1,925 – $2,000 | 5 |
| 3BR | $2,700 | −$100 (-3.6%) | +$800 (+42.1%) | $2,700 – $2,875 | 4 |
| 3BR | $2,850 | +$50 (+1.8%) | +$950 (+50.0%) | $2,850 – $2,850 | 1 |
| 3BR | $3,200 | +$400 (+14.3%) | +$1,300 (+68.4%) | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — October 2023
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,700 | $2,411 | +$2,290 (+95.0%) |
| Studio | $4,700 | $2,411 | +$2,290 (+95.0%) |
| 2BR | $1,925 | $2,900 | −$975 (-33.6%) |
| 3BR | $2,700 | $3,349 | −$649 (-19.4%) |
| 3BR | $2,850 | $3,349 | −$499 (-14.9%) |
| 3BR | $3,200 | $3,349 | −$149 (-4.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.