Monthly Rent Report
South Richmond Hill Rent Report — May 2024
Asking rents in ZIP 11419, New York City, from 21 listings.
Median 1BR rent in South Richmond Hill was $2,075 in May 2024 and up 9.2% year-over-year. The middle half of 1BR listings asked between $2,063 and $2,088. That puts South Richmond Hill $350 below the New York City citywide 1BR median of $2,425. The month's figures are based on 21 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,075 | — | +$175 (+9.2%) | $2,063 – $2,088 | 2 |
| 1BR | $2,050 | — | +$150 (+7.9%) | $2,050 – $2,050 | 1 |
| 1BR | $2,100 | — | +$200 (+10.5%) | $2,100 – $2,100 | 1 |
| 2BR | $2,800 | — | — | $2,800 – $2,800 | 2 |
| 2BR | $2,800 | — | — | $2,800 – $2,800 | 4 |
| 3BR | $4,200 | +$1,100 (+35.5%) | +$1,600 (+61.5%) | $3,675 – $4,425 | 6 |
| 3BR | $3,400 | +$300 (+9.7%) | +$800 (+30.8%) | $3,400 – $3,400 | 1 |
| 3BR | $4,200 | +$1,100 (+35.5%) | +$1,600 (+61.5%) | $4,200 – $4,200 | 2 |
| 4BR | $3,500 | — | — | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | — | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — May 2024
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,075 | $2,425 | −$350 (-14.4%) |
| 1BR | $2,050 | $2,425 | −$375 (-15.5%) |
| 1BR | $2,100 | $2,425 | −$325 (-13.4%) |
| 2BR | $2,800 | $2,914 | −$113 (-3.9%) |
| 2BR | $2,800 | $2,914 | −$113 (-3.9%) |
| 3BR | $4,200 | $3,600 | +$600 (+16.7%) |
| 3BR | $3,400 | $3,600 | −$200 (-5.6%) |
| 3BR | $4,200 | $3,600 | +$600 (+16.7%) |
| 4BR | $3,500 | $4,250 | −$750 (-17.6%) |
| 4BR | $3,500 | $4,250 | −$750 (-17.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.