Monthly Rent Report
Ridgewood Rent Report — December 2023
Asking rents in ZIP 11385, New York City, from 138 listings.
Median 1BR rent in Ridgewood was $2,533 in December 2023, up 12.6% (+$283) from November 2023 and up 15.4% year-over-year. The middle half of 1BR listings asked between $2,533 and $2,533. That puts Ridgewood $133 above the New York City citywide 1BR median of $2,400. The month's figures are based on 138 listings across 19 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,684 | −$266 (-13.6%) | +$84 (+5.3%) | $1,684 – $1,684 | 1 |
| Studio | $1,800 | −$150 (-7.7%) | +$200 (+12.5%) | $1,800 – $1,800 | 2 |
| Studio | $5,988 | +$4,038 (+207.1%) | +$4,388 (+274.2%) | $3,819 – $8,156 | 2 |
| Studio | $1,800 | −$150 (-7.7%) | +$200 (+12.5%) | $1,800 – $1,800 | 2 |
| 1BR | $2,533 | +$283 (+12.6%) | +$338 (+15.4%) | $2,533 – $2,533 | 5 |
| 1BR | $2,200 | −$50 (-2.2%) | +$5 (+0.2%) | $1,955 – $2,600 | 79 |
| 1BR | $2,500 | +$250 (+11.1%) | +$305 (+13.9%) | $2,250 – $2,749 | 6 |
| 1BR | $2,871 | +$621 (+27.6%) | +$676 (+30.8%) | $2,871 – $2,871 | 1 |
| 2BR | $2,950 | +$50 (+1.7%) | +$350 (+13.5%) | $2,724 – $3,000 | 8 |
| 2BR | $3,435 | +$535 (+18.4%) | +$835 (+32.1%) | $3,418 – $3,453 | 2 |
| 2BR | $2,900 | $0 (0.0%) | +$300 (+11.5%) | $2,675 – $3,100 | 7 |
| 3BR | $3,100 | −$24 (-0.8%) | −$200 (-6.1%) | $3,100 – $3,495 | 7 |
| 3BR | $2,200 | −$924 (-29.6%) | −$1,100 (-33.3%) | $2,200 – $2,200 | 1 |
| 3BR | $2,600 | −$524 (-16.8%) | −$700 (-21.2%) | $2,500 – $2,900 | 3 |
| 4BR | $3,595 | −$404 (-10.1%) | −$5 (-0.1%) | $3,595 – $3,595 | 2 |
| 4BR | $6,000 | +$2,001 (+50.0%) | +$2,400 (+66.7%) | $6,000 – $6,000 | 4 |
| 4BR | $3,595 | −$404 (-10.1%) | −$5 (-0.1%) | $3,595 – $3,595 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — December 2023
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,684 | $2,362 | −$678 (-28.7%) |
| Studio | $1,800 | $2,362 | −$562 (-23.8%) |
| Studio | $5,988 | $2,362 | +$3,626 (+153.5%) |
| Studio | $1,800 | $2,362 | −$562 (-23.8%) |
| 1BR | $2,533 | $2,400 | +$133 (+5.5%) |
| 1BR | $2,200 | $2,400 | −$200 (-8.3%) |
| 1BR | $2,500 | $2,400 | +$100 (+4.2%) |
| 1BR | $2,871 | $2,400 | +$471 (+19.6%) |
| 2BR | $2,950 | $2,900 | +$50 (+1.7%) |
| 2BR | $3,435 | $2,900 | +$535 (+18.4%) |
| 2BR | $2,900 | $2,900 | $0 (0.0%) |
| 3BR | $3,100 | $3,500 | −$400 (-11.4%) |
| 3BR | $2,200 | $3,500 | −$1,300 (-37.1%) |
| 3BR | $2,600 | $3,500 | −$900 (-25.7%) |
| 4BR | $3,595 | $4,070 | −$475 (-11.7%) |
| 4BR | $6,000 | $4,070 | +$1,930 (+47.4%) |
| 4BR | $3,595 | $4,070 | −$475 (-11.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.