Monthly Rent Report
Ridgewood Rent Report — January 2023
Asking rents in ZIP 11385, New York City, from 425 listings.
Median 1BR rent in Ridgewood was $2,289 in January 2023, up 14.4% (+$289) from December 2022. The middle half of 1BR listings asked between $1,850 and $2,500. That puts Ridgewood in line with the New York City citywide 1BR median of $2,289. The month's figures are based on 425 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | −$305 (-13.3%) | — | $1,900 – $1,995 | 5 |
| Studio | $1,995 | −$305 (-13.3%) | — | $1,995 – $1,995 | 1 |
| 1BR | $2,289 | +$289 (+14.4%) | — | $1,850 – $2,500 | 65 |
| 1BR | $2,582 | +$582 (+29.1%) | — | $2,582 – $2,582 | 1 |
| 1BR | $1,800 | −$200 (-10.0%) | — | $1,800 – $1,800 | 1 |
| 2BR | $2,800 | +$200 (+7.7%) | — | $2,775 – $3,149 | 3 |
| 2BR | $3,498 | +$898 (+34.5%) | — | $3,498 – $3,498 | 1 |
| 2BR | $2,600 | $0 (0.0%) | — | $2,400 – $2,799 | 38 |
| 2BR | $2,520 | −$80 (-3.1%) | — | $2,400 – $2,775 | 131 |
| 3BR | $2,995 | −$305 (-9.2%) | — | $2,624 – $3,299 | 118 |
| 3BR | $3,125 | −$175 (-5.3%) | — | $2,813 – $3,438 | 2 |
| 3BR | $2,400 | −$900 (-27.3%) | — | $2,400 – $2,400 | 1 |
| 3BR | $2,600 | −$700 (-21.2%) | — | $2,600 – $2,600 | 1 |
| 4BR | $3,675 | −$175 (-4.5%) | — | $3,675 – $3,675 | 1 |
| 4BR | $3,550 | −$300 (-7.8%) | — | $3,298 – $3,800 | 48 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — January 2023
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $2,197 | −$202 (-9.2%) |
| Studio | $1,995 | $2,197 | −$202 (-9.2%) |
| 1BR | $2,289 | $2,289 | $0 (0.0%) |
| 1BR | $2,582 | $2,289 | +$293 (+12.8%) |
| 1BR | $1,800 | $2,289 | −$489 (-21.4%) |
| 2BR | $2,800 | $2,700 | +$100 (+3.7%) |
| 2BR | $3,498 | $2,700 | +$798 (+29.6%) |
| 2BR | $2,600 | $2,700 | −$100 (-3.7%) |
| 2BR | $2,520 | $2,700 | −$180 (-6.7%) |
| 3BR | $2,995 | $3,200 | −$205 (-6.4%) |
| 3BR | $3,125 | $3,200 | −$75 (-2.3%) |
| 3BR | $2,400 | $3,200 | −$800 (-25.0%) |
| 3BR | $2,600 | $3,200 | −$600 (-18.8%) |
| 4BR | $3,675 | $3,861 | −$186 (-4.8%) |
| 4BR | $3,550 | $3,861 | −$311 (-8.1%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.