Monthly Rent Report
South Richmond Hill Rent Report — March 2024
Asking rents in ZIP 11419, New York City, from 9 listings.
Median 3BR rent in South Richmond Hill was $4,000 in March 2024 and up 73.9% year-over-year. The middle half of 3BR listings asked between $3,800 and $4,125. That puts South Richmond Hill $500 above the New York City citywide 3BR median of $3,500. The month's figures are based on 9 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $2,500 | −$500 (-16.7%) | +$200 (+8.7%) | $2,500 – $2,500 | 1 |
| 2BR | $2,600 | −$400 (-13.3%) | +$300 (+13.0%) | $2,550 – $2,650 | 2 |
| 3BR | $4,000 | — | +$1,700 (+73.9%) | $3,800 – $4,125 | 4 |
| 3BR | $4,500 | — | +$2,200 (+95.7%) | $4,500 – $4,500 | 1 |
| 3BR | $4,000 | — | +$1,700 (+73.9%) | $4,000 – $4,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — March 2024
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 2BR | $2,500 | $2,995 | −$494 (-16.5%) |
| 2BR | $2,600 | $2,995 | −$394 (-13.2%) |
| 3BR | $4,000 | $3,500 | +$500 (+14.3%) |
| 3BR | $4,500 | $3,500 | +$1,000 (+28.6%) |
| 3BR | $4,000 | $3,500 | +$500 (+14.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.