Rental market snapshot for Richmond Town, Staten Island
Richmond Town rental market summary
The rental market in Richmond Town, New York is showing signs of growth. In July 2023, there were 31 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $2,500, a 25% increase from the previous month and a 28.2% increase from the same time last year. This indicates that the rental market in Richmond Town is becoming increasingly competitive, with more people looking to rent and prices rising accordingly.
Overall, the rental market in Richmond Town is on an upward trend. With more people looking to rent and prices increasing, it is becoming a more attractive option for those looking for a place to live. The increasing demand is likely to continue to drive up prices, making it a great time to invest in the rental market in Richmond Town.
Median rent for all residential properties in Richmond Town
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The most expensive listings and top trending buildings in Richmond Town
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 61 Stepney St | $3,900 | 3 / 2.5 |
| 1630 Forest Hill Rd | $3,500 | 4 / 3.0 |
| 143 Fields Ave | $3,000 | 3 / 1.5 |
| 36 Latourette Ln | $2,800 | 3 / 2.5 |
| 608 Klondike Ave | $2,799 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,650 |
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Bedroom Breakdown in Richmond Town
Richmond Town neighborhood apartments rents
The rental market for studios in Richmond Town, New York appears to be relatively stable, with only two new listings in April 2023 and a median rent of $1,450. Unfortunately, no data is available for the median rent in March 2023 or the percent change in rent from March to April, so it is difficult to draw any conclusions about the rental market in the area.
The rental market for 1-bedroom apartments in Richmond Town, New York is showing signs of growth. In May 2023, there were two new 1-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 1-bedroom apartments in May 2023 was $1,650, a 3.1% increase from the median rent in April 2023. This suggests that the rental market for 1-bedroom apartments in Richmond Town is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Richmond Town, New York is showing signs of growth. In May 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 12.9% from March 2023 to May 2023, from $2,125 to $2,400. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.