Monthly Rent Report
Ridgewood Rent Report — February 2024
Asking rents in ZIP 11385, New York City, from 420 listings.
Median 1BR rent in Ridgewood was $2,600 in February 2024, up 10.7% (+$251) from January 2024 and up 26.8% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,600. That puts Ridgewood $150 above the New York City citywide 1BR median of $2,450. The month's figures are based on 420 listings across 22 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,267 | +$267 (+13.4%) | −$333 (-12.8%) | $2,267 – $2,267 | 1 |
| Studio | $1,700 | −$300 (-15.0%) | −$900 (-34.6%) | $1,700 – $1,700 | 1 |
| Studio | $5,988 | +$3,988 (+199.4%) | +$3,388 (+130.3%) | $3,819 – $8,156 | 2 |
| Studio | $1,895 | −$105 (-5.3%) | −$705 (-27.1%) | $1,838 – $2,425 | 20 |
| 1BR | $2,600 | +$251 (+10.7%) | +$550 (+26.8%) | $2,250 – $2,600 | 3 |
| 1BR | $2,645 | +$296 (+12.6%) | +$595 (+29.0%) | $2,585 – $2,658 | 5 |
| 1BR | $1,750 | −$599 (-25.5%) | −$300 (-14.6%) | $1,750 – $1,750 | 1 |
| 1BR | $2,400 | +$51 (+2.1%) | +$350 (+17.1%) | $2,000 – $2,599 | 64 |
| 2BR | $3,200 | +$900 (+39.1%) | +$600 (+23.1%) | $3,200 – $3,200 | 1 |
| 2BR | $3,200 | +$900 (+39.1%) | +$600 (+23.1%) | $2,900 – $3,200 | 3 |
| 2BR | $2,912 | +$612 (+26.6%) | +$312 (+12.0%) | $2,650 – $3,161 | 128 |
| 2BR | $2,750 | +$450 (+19.6%) | +$150 (+5.8%) | $2,700 – $3,125 | 3 |
| 3BR | $2,800 | −$300 (-9.7%) | −$100 (-3.4%) | $2,800 – $2,800 | 1 |
| 3BR | $3,200 | +$100 (+3.2%) | +$300 (+10.3%) | $3,200 – $3,200 | 1 |
| 3BR | $3,300 | +$200 (+6.4%) | +$400 (+13.8%) | $3,050 – $3,725 | 14 |
| 3BR | $3,200 | +$100 (+3.2%) | +$300 (+10.3%) | $3,000 – $3,525 | 132 |
| 4BR | $3,595 | −$2,405 (-40.1%) | +$200 (+5.9%) | $3,595 – $3,595 | 1 |
| 4BR | $3,450 | −$2,550 (-42.5%) | +$55 (+1.6%) | $3,000 – $3,600 | 20 |
| 4BR | $5,500 | −$500 (-8.3%) | +$2,105 (+62.0%) | $4,173 – $5,500 | 3 |
| 4BR | $4,500 | −$1,500 (-25.0%) | +$1,105 (+32.5%) | $4,499 – $4,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — February 2024
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,267 | $2,359 | −$92 (-3.9%) |
| Studio | $1,700 | $2,359 | −$659 (-27.9%) |
| Studio | $5,988 | $2,359 | +$3,629 (+153.8%) |
| Studio | $1,895 | $2,359 | −$464 (-19.7%) |
| 1BR | $2,600 | $2,450 | +$150 (+6.1%) |
| 1BR | $2,645 | $2,450 | +$195 (+8.0%) |
| 1BR | $1,750 | $2,450 | −$700 (-28.6%) |
| 1BR | $2,400 | $2,450 | −$50 (-2.0%) |
| 2BR | $3,200 | $2,979 | +$221 (+7.4%) |
| 2BR | $3,200 | $2,979 | +$221 (+7.4%) |
| 2BR | $2,912 | $2,979 | −$67 (-2.2%) |
| 2BR | $2,750 | $2,979 | −$229 (-7.7%) |
| 3BR | $2,800 | $3,500 | −$700 (-20.0%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 3BR | $3,300 | $3,500 | −$200 (-5.7%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 4BR | $3,595 | $4,148 | −$552 (-13.3%) |
| 4BR | $3,450 | $4,148 | −$697 (-16.8%) |
| 4BR | $5,500 | $4,148 | +$1,353 (+32.6%) |
| 4BR | $4,500 | $4,148 | +$352 (+8.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.