Cara Terrace
83-33 118th St,
Kew Gardens, NY 11415
1 Bed | $2,600 - $2,650
Rental Market Trends in Richmond Hill, NY
What is the average rent in Richmond Hill, NY?
$1,868/month
Average Rent
695 Sq Ft
Average Apartment Size
+0.9%
Increase in the Last Year
Richmond Hill, NY Rental Market Overview
The average rent in Richmond Hill, NY is $1,868 per month. For comparison, the national average rent price in the US is currently $1,645/month, which means Richmond Hill rent prices are 14% higher than the national average.
- Studio apartments in Richmond Hill average $1,531 per month.
- One-bedroom apartments in Richmond Hill average $1,868 per month.
- Two-bedroom apartments in Richmond Hill average $2,375 per month.
- Three-bedroom apartments in Richmond Hill average or more per month.
Data Updated: June 1, 2026
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Richmond Hill, NY?
In the past year, rent has increased by 0.9%, which averages out to $18 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025
2026
Rent Ranges in Richmond Hill, NY
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
60%
$1,501 - $2,000/month
40%
Above $2,000/month
What salary do I need to live comfortably in Richmond Hill, NY?
Because the average rent in Richmond Hill is $1,868, you’ll want to make about $6,226 per month or $74,712 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Richmond Hill, NY compare to other nearby cities and neighborhoods?
Use the tool below to compare Richmond Hill, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Richmond Hill?
The average rent in Richmond Hill is $1,868 per month, which is 13.6% higher than the national average of $1,645.
What is the average rent for a condo in Richmond Hill?
The average rent for a condo in Richmond Hill, NY is $2,610 per month.
Are rents going up or down in Richmond Hill?
Rents in Richmond Hill, NY are increasing, with prices up 0.9% year-over-year and $18 more per month.
What rent range is most common in Richmond Hill?
In Richmond Hill, NY, 60% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.