Monthly Rent Report
South Richmond Hill Rent Report — August 2024
Asking rents in ZIP 11419, New York City, from 20 listings.
Median 1BR rent in South Richmond Hill was $2,300 in August 2024, flat versus July 2024 and up 24.3% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,400. That puts South Richmond Hill $90 below the New York City citywide 1BR median of $2,390. The month's figures are based on 20 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | $0 (0.0%) | — | $1,200 – $1,200 | 2 |
| 1BR | $2,300 | $0 (0.0%) | +$450 (+24.3%) | $2,100 – $2,400 | 7 |
| 2BR | $2,800 | −$50 (-1.8%) | — | $2,800 – $2,800 | 5 |
| 3BR | $3,250 | +$250 (+8.3%) | — | $3,000 – $3,777 | 5 |
| 4BR | $5,200 | — | — | $5,200 – $5,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — August 2024
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $2,500 | −$1,300 (-52.0%) |
| 1BR | $2,300 | $2,390 | −$90 (-3.8%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 3BR | $3,250 | $3,603 | −$353 (-9.8%) |
| 4BR | $5,200 | $4,225 | +$975 (+23.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.