Monthly Rent Report
Ridgewood Rent Report — September 2024
Asking rents in ZIP 11385, New York City, from 68 listings.
Median 1BR rent in Ridgewood was $1,185 in September 2024, down 54.4% (−$1,414) from August 2024 and down 48.5% year-over-year. The middle half of 1BR listings asked between $1,185 and $1,185. That puts Ridgewood $1,208 below the New York City citywide 1BR median of $2,393. The month's figures are based on 68 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | −$600 (-22.2%) | +$850 (+68.0%) | $1,740 – $2,750 | 20 |
| 1BR | $1,185 | −$1,414 (-54.4%) | −$1,115 (-48.5%) | $1,185 – $1,185 | 2 |
| 1BR | $2,679 | +$80 (+3.1%) | +$379 (+16.5%) | $2,539 – $2,818 | 2 |
| 2BR | $3,446 | +$546 (+18.8%) | +$596 (+20.9%) | $3,348 – $3,545 | 2 |
| 2BR | $3,000 | +$100 (+3.4%) | +$150 (+5.3%) | $3,000 – $3,000 | 5 |
| 3BR | $4,031 | +$532 (+15.2%) | +$1,731 (+75.3%) | $4,031 – $4,031 | 6 |
| 3BR | $3,800 | +$301 (+8.6%) | +$1,500 (+65.2%) | $3,800 – $3,800 | 1 |
| 4BR | $3,995 | +$195 (+5.1%) | +$296 (+8.0%) | $3,875 – $4,100 | 24 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — September 2024
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $2,369 | −$269 (-11.3%) |
| 1BR | $1,185 | $2,393 | −$1,208 (-50.5%) |
| 1BR | $2,679 | $2,393 | +$286 (+11.9%) |
| 2BR | $3,446 | $2,900 | +$546 (+18.8%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 3BR | $4,031 | $3,598 | +$434 (+12.1%) |
| 3BR | $3,800 | $3,598 | +$203 (+5.6%) |
| 4BR | $3,995 | $4,295 | −$300 (-7.0%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.