Monthly Rent Report
Ridgewood Rent Report — January 2024
Asking rents in ZIP 11385, New York City, from 235 listings.
Median 1BR rent in Ridgewood was $2,600 in January 2024, up 18.2% (+$400) from December 2023 and up 44.4% year-over-year. The middle half of 1BR listings asked between $2,600 and $2,600. That puts Ridgewood $250 above the New York City citywide 1BR median of $2,350. The month's figures are based on 235 listings across 21 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | −$3,987 (-66.6%) | +$5 (+0.3%) | $1,825 – $2,100 | 11 |
| Studio | $5,988 | $0 (0.0%) | +$3,993 (+200.1%) | $3,819 – $8,156 | 2 |
| Studio | $2,000 | −$3,987 (-66.6%) | +$5 (+0.3%) | $1,850 – $2,100 | 9 |
| 1BR | $2,600 | +$400 (+18.2%) | +$800 (+44.4%) | $2,600 – $2,600 | 1 |
| 1BR | $2,500 | +$300 (+13.6%) | +$700 (+38.9%) | $2,500 – $2,500 | 1 |
| 1BR | $1,750 | −$450 (-20.5%) | −$50 (-2.8%) | $1,750 – $1,750 | 1 |
| 1BR | $2,350 | +$150 (+6.8%) | +$550 (+30.5%) | $1,938 – $2,725 | 44 |
| 2BR | $2,300 | −$650 (-22.0%) | −$220 (-8.7%) | $2,300 – $2,300 | 1 |
| 2BR | $2,991 | +$41 (+1.4%) | +$471 (+18.7%) | $2,699 – $3,087 | 52 |
| 2BR | $2,999 | +$49 (+1.7%) | +$479 (+19.0%) | $2,999 – $2,999 | 1 |
| 2BR | $2,999 | +$49 (+1.7%) | +$479 (+19.0%) | $2,999 – $2,999 | 1 |
| 3BR | $3,100 | +$500 (+19.2%) | +$500 (+19.2%) | $3,100 – $3,100 | 5 |
| 3BR | $3,606 | +$1,006 (+38.7%) | +$1,006 (+38.7%) | $3,378 – $3,606 | 3 |
| 3BR | $3,150 | +$550 (+21.2%) | +$550 (+21.2%) | $3,000 – $3,399 | 65 |
| 3BR | $3,100 | +$500 (+19.2%) | +$500 (+19.2%) | $3,050 – $3,150 | 2 |
| 4BR | $3,898 | +$303 (+8.4%) | +$348 (+9.8%) | $3,525 – $5,500 | 22 |
| 4BR | $4,499 | +$904 (+25.1%) | +$949 (+26.7%) | $4,499 – $4,499 | 2 |
| 4BR | $5,500 | +$1,905 (+53.0%) | +$1,950 (+54.9%) | $5,000 – $5,500 | 3 |
| 4BR | $6,000 | +$2,405 (+66.9%) | +$2,450 (+69.0%) | $6,000 – $6,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — January 2024
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $2,338 | −$337 (-14.4%) |
| Studio | $5,988 | $2,338 | +$3,650 (+156.1%) |
| Studio | $2,000 | $2,338 | −$337 (-14.4%) |
| 1BR | $2,600 | $2,350 | +$250 (+10.6%) |
| 1BR | $2,500 | $2,350 | +$150 (+6.4%) |
| 1BR | $1,750 | $2,350 | −$600 (-25.5%) |
| 1BR | $2,350 | $2,350 | $0 (-0.0%) |
| 2BR | $2,300 | $2,885 | −$585 (-20.3%) |
| 2BR | $2,991 | $2,885 | +$106 (+3.7%) |
| 2BR | $2,999 | $2,885 | +$114 (+4.0%) |
| 2BR | $2,999 | $2,885 | +$114 (+4.0%) |
| 3BR | $3,100 | $3,443 | −$343 (-10.0%) |
| 3BR | $3,606 | $3,443 | +$163 (+4.7%) |
| 3BR | $3,150 | $3,443 | −$293 (-8.5%) |
| 3BR | $3,100 | $3,443 | −$343 (-10.0%) |
| 4BR | $3,898 | $4,000 | −$102 (-2.6%) |
| 4BR | $4,499 | $4,000 | +$499 (+12.5%) |
| 4BR | $5,500 | $4,000 | +$1,500 (+37.5%) |
| 4BR | $6,000 | $4,000 | +$2,000 (+50.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.