Monthly Rent Report
Ridgewood Rent Report — March 2023
Asking rents in ZIP 11385, New York City, from 378 listings.
Median 1BR rent in Ridgewood was $2,400 in March 2023, up 17.1% (+$350) from February 2023. The middle half of 1BR listings asked between $2,400 and $2,400. That puts Ridgewood $101 above the New York City citywide 1BR median of $2,299. The month's figures are based on 378 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,150 | +$550 (+21.2%) | — | $3,150 – $3,150 | 1 |
| Studio | $2,100 | −$500 (-19.2%) | — | $2,100 – $2,100 | 1 |
| 1BR | $2,400 | +$350 (+17.1%) | — | $2,400 – $2,400 | 1 |
| 1BR | $3,000 | +$950 (+46.3%) | — | $3,000 – $3,000 | 3 |
| 1BR | $2,275 | +$225 (+11.0%) | — | $2,050 – $2,450 | 61 |
| 2BR | $2,433 | −$167 (-6.4%) | — | $2,354 – $2,511 | 2 |
| 2BR | $2,650 | +$50 (+1.9%) | — | $2,400 – $2,800 | 5 |
| 2BR | $3,099 | +$499 (+19.2%) | — | $3,099 – $3,099 | 1 |
| 2BR | $2,700 | +$100 (+3.8%) | — | $2,400 – $2,850 | 117 |
| 3BR | $3,050 | +$150 (+5.2%) | — | $2,700 – $3,495 | 101 |
| 3BR | $3,000 | +$100 (+3.4%) | — | $2,700 – $3,413 | 48 |
| 3BR | $2,600 | −$300 (-10.3%) | — | $2,500 – $2,900 | 5 |
| 3BR | $2,700 | −$200 (-6.9%) | — | $2,650 – $2,950 | 4 |
| 4BR | $2,845 | −$550 (-16.2%) | — | $2,845 – $2,845 | 6 |
| 4BR | $3,623 | +$228 (+6.7%) | — | $3,499 – $3,999 | 16 |
| 4BR | $4,400 | +$1,005 (+29.6%) | — | $4,400 – $4,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — March 2023
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,150 | $2,200 | +$950 (+43.2%) |
| Studio | $2,100 | $2,200 | −$100 (-4.5%) |
| 1BR | $2,400 | $2,299 | +$101 (+4.4%) |
| 1BR | $3,000 | $2,299 | +$701 (+30.5%) |
| 1BR | $2,275 | $2,299 | −$24 (-1.0%) |
| 2BR | $2,433 | $2,650 | −$217 (-8.2%) |
| 2BR | $2,650 | $2,650 | $0 (0.0%) |
| 2BR | $3,099 | $2,650 | +$449 (+16.9%) |
| 2BR | $2,700 | $2,650 | +$50 (+1.9%) |
| 3BR | $3,050 | $3,200 | −$150 (-4.7%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 3BR | $2,600 | $3,200 | −$600 (-18.8%) |
| 3BR | $2,700 | $3,200 | −$500 (-15.6%) |
| 4BR | $2,845 | $3,995 | −$1,150 (-28.8%) |
| 4BR | $3,623 | $3,995 | −$372 (-9.3%) |
| 4BR | $4,400 | $3,995 | +$405 (+10.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.