Monthly Rent Report
Ridgewood Rent Report — November 2024
Asking rents in ZIP 11385, New York City, from 55 listings.
Median 1BR rent in Ridgewood was $2,725 in November 2024, up 30.4% (+$636) from October 2024 and up 21.1% year-over-year. The middle half of 1BR listings asked between $2,513 and $2,725. That puts Ridgewood $275 above the New York City citywide 1BR median of $2,450. The month's figures are based on 55 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$94 (+5.5%) | −$150 (-7.7%) | $1,800 – $1,800 | 1 |
| 1BR | $2,725 | +$636 (+30.4%) | +$475 (+21.1%) | $2,513 – $2,725 | 3 |
| 1BR | $2,725 | +$636 (+30.4%) | +$475 (+21.1%) | $2,513 – $2,725 | 3 |
| 2BR | $3,200 | $0 (0.0%) | +$300 (+10.3%) | $3,200 – $3,200 | 3 |
| 2BR | $3,200 | $0 (0.0%) | +$300 (+10.3%) | $3,200 – $3,200 | 2 |
| 3BR | $3,250 | −$269 (-7.6%) | +$126 (+4.0%) | $3,099 – $3,600 | 29 |
| 4BR | $3,500 | −$199 (-5.4%) | −$499 (-12.5%) | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | −$199 (-5.4%) | −$499 (-12.5%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Ridgewood vs. New York City — November 2024
| Bedrooms | Ridgewood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $2,383 | −$583 (-24.5%) |
| 1BR | $2,725 | $2,450 | +$275 (+11.2%) |
| 1BR | $2,725 | $2,450 | +$275 (+11.2%) |
| 2BR | $3,200 | $2,950 | +$250 (+8.5%) |
| 2BR | $3,200 | $2,950 | +$250 (+8.5%) |
| 3BR | $3,250 | $3,600 | −$350 (-9.7%) |
| 4BR | $3,500 | $4,375 | −$875 (-20.0%) |
| 4BR | $3,500 | $4,375 | −$875 (-20.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.