Monthly Rent Report
South Richmond Hill Rent Report — December 2024
Asking rents in ZIP 11419, New York City, from 13 listings.
Median 1BR rent in South Richmond Hill was $1,950 in December 2024, up 2.6% (+$50) from November 2024 and down 4.8% year-over-year. The middle half of 1BR listings asked between $1,950 and $1,950. That puts South Richmond Hill $530 below the New York City citywide 1BR median of $2,480. The month's figures are based on 13 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,950 | +$50 (+2.6%) | −$97 (-4.8%) | $1,950 – $1,950 | 1 |
| 2BR | $2,400 | −$1,100 (-31.4%) | +$1,100 (+84.6%) | $2,400 – $2,400 | 1 |
| 2BR | $2,400 | −$1,100 (-31.4%) | +$1,100 (+84.6%) | $2,400 – $2,400 | 1 |
| 3BR | $3,400 | −$100 (-2.9%) | +$600 (+21.4%) | $3,275 – $3,527 | 4 |
| 3BR | $3,300 | −$200 (-5.7%) | +$500 (+17.9%) | $3,300 – $3,300 | 1 |
| 3BR | $3,500 | $0 (0.0%) | +$700 (+25.0%) | $3,350 – $3,553 | 3 |
| 4BR | $3,100 | — | — | $3,100 – $3,100 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
South Richmond Hill vs. New York City — December 2024
| Bedrooms | South Richmond Hill Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,950 | $2,480 | −$529 (-21.4%) |
| 2BR | $2,400 | $2,975 | −$575 (-19.3%) |
| 2BR | $2,400 | $2,975 | −$575 (-19.3%) |
| 3BR | $3,400 | $3,546 | −$145 (-4.1%) |
| 3BR | $3,300 | $3,546 | −$245 (-6.9%) |
| 3BR | $3,500 | $3,546 | −$45 (-1.3%) |
| 4BR | $3,100 | $4,150 | −$1,050 (-25.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.