Monthly Rent Report
South Richmond Hill Rent Report — July 2024
Asking rents in ZIP 11419, New York City, from 19 listings.
Median 1BR rent in South Richmond Hill was $1,000 in July 2024, down 54.5% (−$1,200) from June 2024 and down 44.4% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts South Richmond Hill $1,500 below the New York City citywide 1BR median of $2,500. The month's figures are based on 19 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | $0 (0.0%) | — | $1,200 – $1,200 | 1 |
| Studio | $1,200 | $0 (0.0%) | — | $1,200 – $1,200 | 2 |
| 1BR | $1,000 | −$1,200 (-54.5%) | −$800 (-44.4%) | $1,000 – $1,000 | 1 |
| 1BR | $2,300 | +$100 (+4.5%) | +$500 (+27.8%) | $2,300 – $2,300 | 1 |
| 1BR | $2,300 | +$100 (+4.5%) | +$500 (+27.8%) | $2,300 – $2,300 | 1 |
| 2BR | $2,850 | +$50 (+1.8%) | — | $2,700 – $2,925 | 4 |
| 2BR | $2,800 | $0 (0.0%) | — | $2,800 – $2,900 | 8 |
| 3BR | $3,000 | −$1,200 (-28.6%) | +$500 (+20.0%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — July 2024
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $2,800 | −$1,600 (-57.1%) |
| Studio | $1,200 | $2,800 | −$1,600 (-57.1%) |
| 1BR | $1,000 | $2,500 | −$1,500 (-60.0%) |
| 1BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 1BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 2BR | $2,850 | $3,000 | −$150 (-5.0%) |
| 2BR | $2,800 | $3,000 | −$200 (-6.7%) |
| 3BR | $3,000 | $3,606 | −$606 (-16.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.