Monthly Rent Report
Ridgewood Rent Report — August 2024
Asking rents in ZIP 11385, New York City, from 30 listings.
Median 1BR rent in Ridgewood was $2,599 in August 2024, up 23.8% (+$499) from July 2024 and up 10.6% year-over-year. The middle half of 1BR listings asked between $2,475 and $2,650. That puts Ridgewood $209 above the New York City citywide 1BR median of $2,390. The month's figures are based on 30 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,700 | +$25 (+0.9%) | +$50 (+1.9%) | $2,700 – $2,700 | 1 |
| 1BR | $2,599 | +$499 (+23.8%) | +$249 (+10.6%) | $2,475 – $2,650 | 11 |
| 2BR | $2,900 | $0 (0.0%) | +$401 (+16.0%) | $2,900 – $2,900 | 1 |
| 3BR | $3,499 | +$349 (+11.1%) | +$499 (+16.6%) | $3,150 – $3,513 | 12 |
| 4BR | $3,800 | −$950 (-20.0%) | +$955 (+33.6%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — August 2024
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,700 | $2,500 | +$200 (+8.0%) |
| 1BR | $2,599 | $2,390 | +$209 (+8.7%) |
| 2BR | $2,900 | $2,900 | $0 (+0.0%) |
| 3BR | $3,499 | $3,603 | −$104 (-2.9%) |
| 4BR | $3,800 | $4,225 | −$425 (-10.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.