Monthly Rent Report
Ridgewood Rent Report — November 2023
Asking rents in ZIP 11385, New York City, from 100 listings.
Median 1BR rent in Ridgewood was $2,671 in November 2023, down 7.9% (−$229) from October 2023 and up 48.4% year-over-year. The middle half of 1BR listings asked between $2,639 and $2,694. That puts Ridgewood $271 above the New York City citywide 1BR median of $2,400. The month's figures are based on 100 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | −$992 (-33.7%) | −$149 (-7.1%) | $1,850 – $2,300 | 25 |
| Studio | $1,950 | −$992 (-33.7%) | −$149 (-7.1%) | $1,850 – $2,300 | 25 |
| 1BR | $2,671 | −$229 (-7.9%) | +$871 (+48.4%) | $2,639 – $2,694 | 3 |
| 1BR | $2,895 | −$5 (-0.2%) | +$1,095 (+60.8%) | $2,895 – $2,895 | 2 |
| 1BR | $2,300 | −$600 (-20.7%) | +$500 (+27.8%) | $2,300 – $2,850 | 7 |
| 1BR | $2,250 | −$650 (-22.4%) | +$450 (+25.0%) | $2,075 – $2,425 | 2 |
| 2BR | $2,300 | −$900 (-28.1%) | −$950 (-29.2%) | $2,300 – $2,300 | 1 |
| 2BR | $2,900 | −$300 (-9.4%) | −$350 (-10.8%) | $2,650 – $2,950 | 7 |
| 2BR | $2,400 | −$800 (-25.0%) | −$850 (-26.2%) | $2,400 – $2,400 | 3 |
| 2BR | $2,400 | −$800 (-25.0%) | −$850 (-26.2%) | $2,400 – $2,400 | 1 |
| 3BR | $3,125 | −$175 (-5.3%) | −$243 (-7.2%) | $2,937 – $3,312 | 2 |
| 3BR | $3,347 | +$47 (+1.4%) | −$21 (-0.6%) | $3,174 – $3,347 | 3 |
| 3BR | $3,350 | +$50 (+1.5%) | −$18 (-0.5%) | $3,350 – $3,350 | 2 |
| 4BR | $3,999 | +$49 (+1.2%) | +$404 (+11.2%) | $3,999 – $3,999 | 1 |
| 4BR | $2,845 | −$1,105 (-28.0%) | −$750 (-20.9%) | $2,845 – $2,845 | 5 |
| 4BR | $3,785 | −$165 (-4.2%) | +$190 (+5.3%) | $3,785 – $3,785 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — November 2023
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $2,395 | −$445 (-18.6%) |
| Studio | $1,950 | $2,395 | −$445 (-18.6%) |
| 1BR | $2,671 | $2,400 | +$271 (+11.3%) |
| 1BR | $2,895 | $2,400 | +$495 (+20.6%) |
| 1BR | $2,300 | $2,400 | −$100 (-4.2%) |
| 1BR | $2,250 | $2,400 | −$150 (-6.3%) |
| 2BR | $2,300 | $2,798 | −$497 (-17.8%) |
| 2BR | $2,900 | $2,798 | +$103 (+3.7%) |
| 2BR | $2,400 | $2,798 | −$397 (-14.2%) |
| 2BR | $2,400 | $2,798 | −$397 (-14.2%) |
| 3BR | $3,125 | $3,300 | −$175 (-5.3%) |
| 3BR | $3,347 | $3,300 | +$47 (+1.4%) |
| 3BR | $3,350 | $3,300 | +$50 (+1.5%) |
| 4BR | $3,999 | $4,199 | −$200 (-4.8%) |
| 4BR | $2,845 | $4,199 | −$1,354 (-32.2%) |
| 4BR | $3,785 | $4,199 | −$414 (-9.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.