Monthly Rent Report
Ridgewood Rent Report — March 2024
Asking rents in ZIP 11385, New York City, from 389 listings.
Median 1BR rent in Ridgewood was $2,400 in March 2024, up 37.1% (+$650) from February 2024 and up 5.5% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,500. That puts Ridgewood $99 below the New York City citywide 1BR median of $2,499. The month's figures are based on 389 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,950 | −$3,037 (-50.7%) | +$850 (+40.5%) | $2,325 – $2,950 | 3 |
| Studio | $2,950 | −$3,037 (-50.7%) | +$850 (+40.5%) | $2,775 – $2,950 | 3 |
| 1BR | $2,400 | +$650 (+37.1%) | +$125 (+5.5%) | $2,300 – $2,500 | 2 |
| 1BR | $2,500 | +$750 (+42.9%) | +$225 (+9.9%) | $2,500 – $2,500 | 1 |
| 1BR | $2,548 | +$798 (+45.6%) | +$273 (+12.0%) | $2,219 – $2,650 | 34 |
| 2BR | $3,230 | +$30 (+0.9%) | +$530 (+19.6%) | $3,230 – $3,230 | 1 |
| 2BR | $2,850 | −$350 (-10.9%) | +$150 (+5.6%) | $2,600 – $3,200 | 48 |
| 2BR | $3,095 | −$105 (-3.3%) | +$395 (+14.6%) | $2,680 – $3,556 | 4 |
| 2BR | $2,900 | −$300 (-9.4%) | +$200 (+7.4%) | $2,600 – $3,500 | 79 |
| 3BR | $2,600 | −$699 (-21.2%) | −$100 (-3.7%) | $2,600 – $2,600 | 1 |
| 3BR | $3,450 | +$151 (+4.6%) | +$750 (+27.8%) | $3,100 – $3,825 | 91 |
| 3BR | $3,348 | +$48 (+1.5%) | +$648 (+24.0%) | $3,032 – $3,750 | 78 |
| 4BR | $4,499 | +$904 (+25.1%) | +$99 (+2.3%) | $4,499 – $4,499 | 1 |
| 4BR | $3,500 | −$95 (-2.6%) | −$900 (-20.5%) | $3,375 – $3,785 | 12 |
| 4BR | $3,785 | +$190 (+5.3%) | −$615 (-14.0%) | $3,500 – $3,800 | 21 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — March 2024
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,950 | $2,450 | +$500 (+20.4%) |
| Studio | $2,950 | $2,450 | +$500 (+20.4%) |
| 1BR | $2,400 | $2,499 | −$99 (-4.0%) |
| 1BR | $2,500 | $2,499 | +$1 (+0.0%) |
| 1BR | $2,548 | $2,499 | +$49 (+1.9%) |
| 2BR | $3,230 | $2,995 | +$236 (+7.9%) |
| 2BR | $2,850 | $2,995 | −$144 (-4.8%) |
| 2BR | $3,095 | $2,995 | +$101 (+3.4%) |
| 2BR | $2,900 | $2,995 | −$94 (-3.2%) |
| 3BR | $2,600 | $3,500 | −$900 (-25.7%) |
| 3BR | $3,450 | $3,500 | −$50 (-1.4%) |
| 3BR | $3,348 | $3,500 | −$152 (-4.4%) |
| 4BR | $4,499 | $4,250 | +$250 (+5.9%) |
| 4BR | $3,500 | $4,250 | −$749 (-17.6%) |
| 4BR | $3,785 | $4,250 | −$464 (-10.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.