Monthly Rent Report
Ridgewood Rent Report — April 2024
Asking rents in ZIP 11385, New York City, from 595 listings.
Median 1BR rent in Ridgewood was $2,490 in April 2024, up 3.8% (+$90) from March 2024 and down 0.4% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,600. That puts Ridgewood in line with the New York City citywide 1BR median of $2,500. The month's figures are based on 595 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | −$1,350 (-45.8%) | −$925 (-36.6%) | $1,600 – $1,725 | 7 |
| Studio | $1,750 | −$1,200 (-40.7%) | −$775 (-30.7%) | $1,699 – $1,800 | 4 |
| Studio | $1,699 | −$1,251 (-42.4%) | −$826 (-32.7%) | $1,699 – $1,699 | 1 |
| Studio | $1,800 | −$1,150 (-39.0%) | −$725 (-28.7%) | $1,800 – $1,800 | 1 |
| 1BR | $2,490 | +$90 (+3.8%) | −$10 (-0.4%) | $2,300 – $2,600 | 59 |
| 1BR | $2,450 | +$50 (+2.1%) | −$50 (-2.0%) | $2,200 – $2,624 | 28 |
| 1BR | $2,200 | −$200 (-8.3%) | −$300 (-12.0%) | $2,050 – $2,448 | 3 |
| 2BR | $2,995 | +$95 (+3.3%) | +$495 (+19.8%) | $2,600 – $3,175 | 49 |
| 2BR | $2,800 | −$100 (-3.4%) | +$300 (+12.0%) | $2,605 – $2,850 | 3 |
| 2BR | $2,900 | $0 (0.0%) | +$400 (+16.0%) | $2,800 – $3,100 | 119 |
| 3BR | $3,400 | +$53 (+1.6%) | −$100 (-2.9%) | $2,968 – $3,650 | 127 |
| 3BR | $3,347 | $0 (-0.0%) | −$153 (-4.4%) | $2,850 – $3,600 | 56 |
| 4BR | $4,499 | +$714 (+18.9%) | +$1,099 (+32.3%) | $4,197 – $4,725 | 3 |
| 4BR | $4,000 | +$215 (+5.7%) | +$600 (+17.6%) | $3,600 – $4,250 | 30 |
| 4BR | $4,000 | +$215 (+5.7%) | +$600 (+17.6%) | $3,764 – $4,350 | 64 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — April 2024
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $2,491 | −$891 (-35.8%) |
| Studio | $1,750 | $2,491 | −$741 (-29.8%) |
| Studio | $1,699 | $2,491 | −$792 (-31.8%) |
| Studio | $1,800 | $2,491 | −$691 (-27.7%) |
| 1BR | $2,490 | $2,500 | −$10 (-0.4%) |
| 1BR | $2,450 | $2,500 | −$50 (-2.0%) |
| 1BR | $2,200 | $2,500 | −$300 (-12.0%) |
| 2BR | $2,995 | $2,995 | $0 (0.0%) |
| 2BR | $2,800 | $2,995 | −$195 (-6.5%) |
| 2BR | $2,900 | $2,995 | −$95 (-3.2%) |
| 3BR | $3,400 | $3,500 | −$100 (-2.9%) |
| 3BR | $3,347 | $3,500 | −$153 (-4.4%) |
| 4BR | $4,499 | $4,270 | +$229 (+5.4%) |
| 4BR | $4,000 | $4,270 | −$270 (-6.3%) |
| 4BR | $4,000 | $4,270 | −$270 (-6.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.