Monthly Rent Report
Ridgewood Rent Report — July 2023
Asking rents in ZIP 11385, New York City, from 125 listings.
Median 1BR rent in Ridgewood was $2,450 in July 2023, down 2.0% (−$50) from June 2023. The middle half of 1BR listings asked between $2,287 and $2,699. That puts Ridgewood in line with the New York City citywide 1BR median of $2,450. The month's figures are based on 125 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,840 | +$40 (+1.4%) | — | $2,270 – $2,845 | 3 |
| Studio | $2,800 | $0 (0.0%) | — | $2,450 – $2,820 | 7 |
| 1BR | $2,450 | −$50 (-2.0%) | — | $2,287 – $2,699 | 12 |
| 1BR | $2,200 | −$300 (-12.0%) | — | $2,200 – $2,200 | 1 |
| 1BR | $2,500 | $0 (0.0%) | — | $2,000 – $2,713 | 12 |
| 2BR | $2,948 | +$598 (+25.4%) | — | $2,874 – $3,021 | 2 |
| 2BR | $3,275 | +$925 (+39.4%) | — | $2,888 – $3,288 | 3 |
| 2BR | $3,379 | +$1,029 (+43.8%) | — | $3,379 – $3,379 | 1 |
| 2BR | $3,150 | +$800 (+34.0%) | — | $2,999 – $3,200 | 38 |
| 3BR | $3,400 | +$303 (+9.8%) | — | $3,363 – $3,500 | 15 |
| 3BR | $2,950 | −$147 (-4.8%) | — | $2,725 – $3,175 | 2 |
| 3BR | $3,495 | +$398 (+12.8%) | — | $3,100 – $3,750 | 16 |
| 4BR | $3,925 | −$475 (-10.8%) | — | $3,800 – $4,163 | 4 |
| 4BR | $3,705 | −$695 (-15.8%) | — | $3,524 – $3,815 | 6 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — July 2023
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,840 | $2,498 | +$343 (+13.7%) |
| Studio | $2,800 | $2,498 | +$303 (+12.1%) |
| 1BR | $2,450 | $2,450 | $0 (0.0%) |
| 1BR | $2,200 | $2,450 | −$250 (-10.2%) |
| 1BR | $2,500 | $2,450 | +$50 (+2.0%) |
| 2BR | $2,948 | $2,800 | +$148 (+5.3%) |
| 2BR | $3,275 | $2,800 | +$475 (+17.0%) |
| 2BR | $3,379 | $2,800 | +$579 (+20.7%) |
| 2BR | $3,150 | $2,800 | +$350 (+12.5%) |
| 3BR | $3,400 | $3,400 | $0 (+0.0%) |
| 3BR | $2,950 | $3,400 | −$450 (-13.2%) |
| 3BR | $3,495 | $3,400 | +$95 (+2.8%) |
| 4BR | $3,925 | $4,200 | −$275 (-6.5%) |
| 4BR | $3,705 | $4,200 | −$495 (-11.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.