Monthly Rent Report
Ridgewood Rent Report — October 2023
Asking rents in ZIP 11385, New York City, from 353 listings.
Median 1BR rent in Ridgewood was $2,900 in October 2023, up 26.1% (+$600) from September 2023. The middle half of 1BR listings asked between $2,900 and $2,900. That puts Ridgewood $450 above the New York City citywide 1BR median of $2,450. The month's figures are based on 353 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | +$700 (+56.0%) | — | $1,775 – $2,300 | 11 |
| Studio | $2,943 | +$1,693 (+135.4%) | — | $2,407 – $3,151 | 16 |
| 1BR | $2,900 | +$600 (+26.1%) | — | $2,900 – $2,900 | 1 |
| 1BR | $2,400 | +$100 (+4.3%) | — | $2,400 – $2,400 | 2 |
| 1BR | $2,400 | +$100 (+4.3%) | — | $2,400 – $2,400 | 5 |
| 2BR | $3,425 | +$575 (+20.2%) | — | $3,388 – $3,463 | 2 |
| 2BR | $3,200 | +$350 (+12.3%) | — | $3,200 – $3,200 | 2 |
| 2BR | $2,699 | −$151 (-5.3%) | — | $2,500 – $3,000 | 49 |
| 3BR | $3,299 | −$1 (-0.0%) | — | $3,100 – $3,497 | 39 |
| 3BR | $3,300 | $0 (0.0%) | — | $3,200 – $3,695 | 159 |
| 4BR | $2,845 | −$854 (-23.1%) | — | $2,845 – $2,845 | 1 |
| 4BR | $4,237 | +$538 (+14.5%) | — | $3,699 – $4,500 | 10 |
| 4BR | $3,950 | +$251 (+6.8%) | — | $3,785 – $4,000 | 53 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — October 2023
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $2,411 | −$460 (-19.1%) |
| Studio | $2,943 | $2,411 | +$532 (+22.1%) |
| 1BR | $2,900 | $2,450 | +$450 (+18.4%) |
| 1BR | $2,400 | $2,450 | −$50 (-2.0%) |
| 1BR | $2,400 | $2,450 | −$50 (-2.0%) |
| 2BR | $3,425 | $2,900 | +$525 (+18.1%) |
| 2BR | $3,200 | $2,900 | +$300 (+10.3%) |
| 2BR | $2,699 | $2,900 | −$201 (-6.9%) |
| 3BR | $3,299 | $3,349 | −$50 (-1.5%) |
| 3BR | $3,300 | $3,349 | −$49 (-1.5%) |
| 4BR | $2,845 | $4,200 | −$1,355 (-32.3%) |
| 4BR | $4,237 | $4,200 | +$37 (+0.9%) |
| 4BR | $3,950 | $4,200 | −$250 (-6.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.