Monthly Rent Report
Ridgewood Rent Report — October 2024
Asking rents in ZIP 11385, New York City, from 140 listings.
Median 1BR rent in Ridgewood was $2,089 in October 2024, down 22.0% (−$590) from September 2024 and down 13.0% year-over-year. The middle half of 1BR listings asked between $2,072 and $2,091. That puts Ridgewood $217 below the New York City citywide 1BR median of $2,306. The month's figures are based on 140 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,706 | −$394 (-18.8%) | −$244 (-12.5%) | $1,661 – $1,709 | 27 |
| Studio | $1,706 | −$394 (-18.8%) | −$244 (-12.5%) | $1,684 – $1,709 | 7 |
| 1BR | $2,089 | −$590 (-22.0%) | −$311 (-13.0%) | $2,072 – $2,091 | 34 |
| 1BR | $2,090 | −$589 (-22.0%) | −$310 (-12.9%) | $2,085 – $2,206 | 8 |
| 2BR | $2,958 | −$489 (-14.2%) | −$242 (-7.6%) | $2,941 – $2,974 | 4 |
| 2BR | $2,941 | −$505 (-14.7%) | −$259 (-8.1%) | $2,600 – $2,974 | 26 |
| 2BR | $3,200 | −$246 (-7.2%) | $0 (0.0%) | $3,200 – $3,200 | 2 |
| 3BR | $3,250 | −$781 (-19.4%) | −$50 (-1.5%) | $3,250 – $3,250 | 1 |
| 3BR | $3,519 | −$512 (-12.7%) | +$219 (+6.6%) | $3,519 – $3,910 | 11 |
| 4BR | $3,699 | −$296 (-7.4%) | −$251 (-6.4%) | $3,600 – $3,799 | 17 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — October 2024
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,706 | $2,550 | −$844 (-33.1%) |
| Studio | $1,706 | $2,550 | −$844 (-33.1%) |
| 1BR | $2,089 | $2,306 | −$217 (-9.4%) |
| 1BR | $2,090 | $2,306 | −$216 (-9.4%) |
| 2BR | $2,958 | $2,914 | +$44 (+1.5%) |
| 2BR | $2,941 | $2,914 | +$28 (+0.9%) |
| 2BR | $3,200 | $2,914 | +$287 (+9.8%) |
| 3BR | $3,250 | $3,519 | −$269 (-7.6%) |
| 3BR | $3,519 | $3,519 | $0 (0.0%) |
| 4BR | $3,699 | $4,100 | −$401 (-9.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.