Monthly Rent Report
Ridgewood Rent Report — September 2023
Asking rents in ZIP 11385, New York City, from 56 listings.
Median 1BR rent in Ridgewood was $2,300 in September 2023, down 14.8% (−$399) from August 2023. The middle half of 1BR listings asked between $1,975 and $2,500. That puts Ridgewood $200 below the New York City citywide 1BR median of $2,500. The month's figures are based on 56 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$1,144 (-47.8%) | — | $1,250 – $1,250 | 1 |
| 1BR | $2,300 | −$399 (-14.8%) | — | $1,975 – $2,500 | 27 |
| 2BR | $2,850 | +$350 (+14.0%) | — | $2,850 – $2,850 | 1 |
| 2BR | $2,495 | −$5 (-0.2%) | — | $2,495 – $2,495 | 1 |
| 3BR | $3,300 | +$300 (+10.0%) | — | $3,225 – $3,825 | 6 |
| 3BR | $2,300 | −$700 (-23.3%) | — | $2,300 – $2,300 | 1 |
| 4BR | $3,699 | +$527 (+16.6%) | — | $3,699 – $4,025 | 3 |
| 4BR | $3,900 | +$728 (+22.9%) | — | $3,598 – $3,999 | 15 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — September 2023
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $2,400 | −$1,150 (-47.9%) |
| 1BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 2BR | $2,850 | $3,000 | −$150 (-5.0%) |
| 2BR | $2,495 | $3,000 | −$505 (-16.8%) |
| 3BR | $3,300 | $3,500 | −$200 (-5.7%) |
| 3BR | $2,300 | $3,500 | −$1,200 (-34.3%) |
| 4BR | $3,699 | $4,325 | −$626 (-14.5%) |
| 4BR | $3,900 | $4,325 | −$425 (-9.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.