Monthly Rent Report
Ridgewood Rent Report — February 2023
Asking rents in ZIP 11385, New York City, from 276 listings.
Median 1BR rent in Ridgewood was $2,050 in February 2023, up 13.9% (+$250) from January 2023. The middle half of 1BR listings asked between $1,762 and $2,650. That puts Ridgewood $150 below the New York City citywide 1BR median of $2,200. The month's figures are based on 276 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,600 | +$605 (+30.3%) | — | $2,600 – $2,600 | 3 |
| Studio | $2,600 | +$605 (+30.3%) | — | $2,600 – $2,600 | 3 |
| 1BR | $2,050 | +$250 (+13.9%) | — | $1,762 – $2,650 | 42 |
| 1BR | $2,600 | +$800 (+44.4%) | — | $2,576 – $2,775 | 3 |
| 1BR | $3,000 | +$1,200 (+66.7%) | — | $2,775 – $3,000 | 4 |
| 2BR | $2,600 | +$80 (+3.2%) | — | $2,600 – $2,600 | 1 |
| 2BR | $2,800 | +$280 (+11.1%) | — | $2,800 – $2,800 | 1 |
| 2BR | $2,500 | −$20 (-0.8%) | — | $2,500 – $2,500 | 1 |
| 2BR | $2,600 | +$80 (+3.2%) | — | $2,400 – $3,080 | 102 |
| 3BR | $3,125 | +$525 (+20.2%) | — | $2,938 – $3,313 | 2 |
| 3BR | $3,500 | +$900 (+34.6%) | — | $2,800 – $3,500 | 5 |
| 3BR | $2,999 | +$399 (+15.3%) | — | $2,695 – $3,299 | 69 |
| 3BR | $2,900 | +$300 (+11.5%) | — | $2,850 – $3,050 | 4 |
| 4BR | $2,845 | −$705 (-19.9%) | — | $2,845 – $2,845 | 2 |
| 4BR | $3,395 | −$155 (-4.4%) | — | $3,250 – $3,595 | 5 |
| 4BR | $3,550 | $0 (0.0%) | — | $3,273 – $3,913 | 23 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — February 2023
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,600 | $2,260 | +$340 (+15.0%) |
| Studio | $2,600 | $2,260 | +$340 (+15.0%) |
| 1BR | $2,050 | $2,200 | −$149 (-6.8%) |
| 1BR | $2,600 | $2,200 | +$401 (+18.2%) |
| 1BR | $3,000 | $2,200 | +$801 (+36.4%) |
| 2BR | $2,600 | $2,695 | −$95 (-3.5%) |
| 2BR | $2,800 | $2,695 | +$105 (+3.9%) |
| 2BR | $2,500 | $2,695 | −$195 (-7.2%) |
| 2BR | $2,600 | $2,695 | −$95 (-3.5%) |
| 3BR | $3,125 | $3,200 | −$75 (-2.3%) |
| 3BR | $3,500 | $3,200 | +$300 (+9.4%) |
| 3BR | $2,999 | $3,200 | −$201 (-6.3%) |
| 3BR | $2,900 | $3,200 | −$300 (-9.4%) |
| 4BR | $2,845 | $3,800 | −$955 (-25.1%) |
| 4BR | $3,395 | $3,800 | −$405 (-10.7%) |
| 4BR | $3,550 | $3,800 | −$250 (-6.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.