Monthly Rent Report
Ridgewood Rent Report — June 2024
Asking rents in ZIP 11385, New York City, from 564 listings.
Median 1BR rent in Ridgewood was $2,400 in June 2024, down 9.4% (−$250) from May 2024 and down 6.5% year-over-year. The middle half of 1BR listings asked between $2,400 and $2,400. That puts Ridgewood $50 below the New York City citywide 1BR median of $2,450. The month's figures are based on 564 listings across 22 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $540 | −$1,160 (-68.2%) | −$2,260 (-80.7%) | $540 – $540 | 1 |
| Studio | $3,300 | +$1,600 (+94.1%) | +$500 (+17.9%) | $3,300 – $3,300 | 3 |
| Studio | $2,531 | +$831 (+48.9%) | −$269 (-9.6%) | $2,500 – $2,792 | 13 |
| 1BR | $2,400 | −$250 (-9.4%) | −$167 (-6.5%) | $2,400 – $2,400 | 1 |
| 1BR | $2,500 | −$150 (-5.7%) | −$67 (-2.6%) | $2,238 – $2,713 | 72 |
| 1BR | $2,650 | $0 (0.0%) | +$83 (+3.2%) | $2,650 – $2,650 | 1 |
| 1BR | $2,200 | −$450 (-17.0%) | −$367 (-14.3%) | $2,125 – $2,546 | 10 |
| 2BR | $2,800 | −$95 (-3.3%) | −$49 (-1.7%) | $2,650 – $3,050 | 3 |
| 2BR | $3,000 | +$105 (+3.6%) | +$150 (+5.3%) | $2,738 – $3,395 | 132 |
| 2BR | $3,000 | +$105 (+3.6%) | +$151 (+5.3%) | $2,773 – $3,200 | 27 |
| 2BR | $2,800 | −$95 (-3.3%) | −$49 (-1.7%) | $2,483 – $3,175 | 10 |
| 3BR | $3,000 | −$299 (-9.1%) | −$400 (-11.8%) | $2,995 – $3,400 | 29 |
| 3BR | $3,900 | +$601 (+18.2%) | +$500 (+14.7%) | $3,450 – $4,200 | 7 |
| 3BR | $3,500 | +$201 (+6.1%) | +$100 (+2.9%) | $3,200 – $3,900 | 173 |
| 3BR | $3,573 | +$273 (+8.3%) | +$173 (+5.1%) | $3,484 – $3,661 | 2 |
| 4BR | $4,250 | +$111 (+2.7%) | −$150 (-3.4%) | $4,250 – $4,250 | 1 |
| 4BR | $4,000 | −$139 (-3.4%) | −$400 (-9.1%) | $3,782 – $4,490 | 7 |
| 4BR | $4,750 | +$611 (+14.8%) | +$350 (+8.0%) | $4,275 – $4,750 | 3 |
| 4BR | $4,351 | +$212 (+5.1%) | −$49 (-1.1%) | $4,000 – $4,500 | 57 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — June 2024
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $540 | $2,440 | −$1,900 (-77.9%) |
| Studio | $3,300 | $2,440 | +$860 (+35.2%) |
| Studio | $2,531 | $2,440 | +$91 (+3.7%) |
| 1BR | $2,400 | $2,450 | −$50 (-2.0%) |
| 1BR | $2,500 | $2,450 | +$50 (+2.0%) |
| 1BR | $2,650 | $2,450 | +$200 (+8.2%) |
| 1BR | $2,200 | $2,450 | −$250 (-10.2%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 3BR | $3,000 | $3,600 | −$600 (-16.7%) |
| 3BR | $3,900 | $3,600 | +$300 (+8.3%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 3BR | $3,573 | $3,600 | −$27 (-0.8%) |
| 4BR | $4,250 | $4,256 | −$6 (-0.1%) |
| 4BR | $4,000 | $4,256 | −$256 (-6.0%) |
| 4BR | $4,750 | $4,256 | +$494 (+11.6%) |
| 4BR | $4,351 | $4,256 | +$95 (+2.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.