Monthly Rent Report
Ridgewood Rent Report — July 2024
Asking rents in ZIP 11385, New York City, from 77 listings.
Median 1BR rent in Ridgewood was $2,200 in July 2024, down 17.0% (−$450) from June 2024 and down 10.2% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Ridgewood $300 below the New York City citywide 1BR median of $2,500. The month's figures are based on 77 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,675 | −$625 (-18.9%) | −$165 (-5.8%) | $2,448 – $2,900 | 8 |
| Studio | $3,100 | −$200 (-6.1%) | +$260 (+9.2%) | $3,000 – $3,200 | 2 |
| Studio | $5,988 | +$2,688 (+81.4%) | +$3,148 (+110.8%) | $3,819 – $8,156 | 2 |
| 1BR | $2,200 | −$450 (-17.0%) | −$250 (-10.2%) | $2,200 – $2,200 | 1 |
| 1BR | $2,100 | −$550 (-20.8%) | −$350 (-14.3%) | $1,938 – $2,250 | 4 |
| 1BR | $2,100 | −$550 (-20.8%) | −$350 (-14.3%) | $2,100 – $2,100 | 1 |
| 2BR | $2,900 | +$100 (+3.6%) | −$47 (-1.6%) | $2,784 – $3,050 | 12 |
| 2BR | $2,950 | +$150 (+5.4%) | +$3 (+0.1%) | $2,813 – $3,275 | 14 |
| 2BR | $2,410 | −$390 (-13.9%) | −$537 (-18.2%) | $2,410 – $2,410 | 1 |
| 2BR | $2,900 | +$100 (+3.6%) | −$47 (-1.6%) | $2,900 – $2,900 | 1 |
| 3BR | $3,775 | +$275 (+7.9%) | +$375 (+11.0%) | $3,775 – $3,775 | 1 |
| 3BR | $3,150 | −$350 (-10.0%) | −$250 (-7.4%) | $2,996 – $3,513 | 10 |
| 3BR | $2,750 | −$750 (-21.4%) | −$650 (-19.1%) | $2,750 – $2,750 | 2 |
| 4BR | $3,235 | −$1,116 (-25.6%) | −$470 (-12.7%) | $3,235 – $3,235 | 1 |
| 4BR | $4,385 | +$34 (+0.8%) | +$680 (+18.4%) | $4,206 – $4,621 | 4 |
| 4BR | $4,750 | +$399 (+9.2%) | +$1,045 (+28.2%) | $4,750 – $4,750 | 1 |
| 4BR | $4,625 | +$274 (+6.3%) | +$920 (+24.8%) | $4,500 – $4,750 | 6 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — July 2024
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,675 | $2,800 | −$125 (-4.5%) |
| Studio | $3,100 | $2,800 | +$300 (+10.7%) |
| Studio | $5,988 | $2,800 | +$3,188 (+113.8%) |
| 1BR | $2,200 | $2,500 | −$300 (-12.0%) |
| 1BR | $2,100 | $2,500 | −$400 (-16.0%) |
| 1BR | $2,100 | $2,500 | −$400 (-16.0%) |
| 2BR | $2,900 | $3,000 | −$100 (-3.3%) |
| 2BR | $2,950 | $3,000 | −$50 (-1.7%) |
| 2BR | $2,410 | $3,000 | −$590 (-19.7%) |
| 2BR | $2,900 | $3,000 | −$100 (-3.3%) |
| 3BR | $3,775 | $3,606 | +$169 (+4.7%) |
| 3BR | $3,150 | $3,606 | −$456 (-12.6%) |
| 3BR | $2,750 | $3,606 | −$856 (-23.7%) |
| 4BR | $3,235 | $4,500 | −$1,265 (-28.1%) |
| 4BR | $4,385 | $4,500 | −$115 (-2.6%) |
| 4BR | $4,750 | $4,500 | +$250 (+5.6%) |
| 4BR | $4,625 | $4,500 | +$125 (+2.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.