Average Rent in Ridgewood, New York, NY

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Current Versus Historical Ridgewood, New York, NY Rents

Ridgewood rentals average $2,075 for a studio rental to $4,150 for a 4-bedroom rental. The median price of all currently available listings is $3,700, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have decreased by $97 (-3.65%) year-over-year from $2,650 to $2,553. 1-bedroom rentals prices have increased by $171 (6.06%) year-over-year from $2,828 to $2,999. 2-bedroom rentals prices have increased by $234 (7.63%) year-over-year from $3,065 to $3,299. 3-bedroom rentals prices have increased by $34 (0.97%) year-over-year from $3,466 to $3,500. 4-bedroom rentals prices have increased by $200 (5.26%) year-over-year from $3,800 to $4,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 10.35% this month. 1-bedroom rents have gone up by 0.54% this month. 2-bedroom rents have gone down by 2.91% this month. 3-bedroom rents have gone up by 1.13% this month. 4-bedroom rents have gone up by 4.24% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.90 $2,553 $2,650 (-3.65%) $1,641 (55.61%)
1 BR N/A $2,999 $2,828 (6.06%) $1,998 (50.08%)
2 BR $2,175.00 $3,299 $3,065 (7.63%) $2,200 (49.98%)
3 BR $4.00 $3,500 $3,466 (0.97%) $2,550 (37.25%)
4+ BR $3.11 $4,000 $3,800 (5.26%) $2,925 (36.76%)

Historical Rents in Ridgewood, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Ridgewood

There are a total of 31 cities nearby Ridgewood. The average rent in Ridgewood is currently $3,350 per month. A total of 17 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,950, is the most affordable city nearby. In contrast, the most expensive city near Ridgewood, New York, NY is Westport, CT. Monthly rents here are on average $14,250 per month.

Let's compare Ridgewood, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Ridgewood, New York, NY is 34.92% more expensive than other cities nearby. One bedrooms are about 28.32% more expensive. Two bedrooms in Ridgewood, New York, NY are about 6.06% more expensive. Finally, rent for three bedrooms are about 5.03% more affordable. Want more information? Check out the top 10 cities out of 31 total cities near Ridgewood, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,950 $1,900 $2,100 $2,300
Hackensack, NJ $1,800 $1,975 $2,795 $2,300
Bayonne, NJ $2,100 $2,100 $2,529 $2,500
West New York, NJ $1,700 $2,463 $2,825 $2,600
Union City, NJ $1,900 $2,100 $2,850 $2,800
Jersey City, NJ $2,088 $2,700 $2,695 $2,800
Fort Lee, NJ $1,475 $2,450 $3,450 $3,098
Cliffside Park, NJ N/A $2,150 $3,348 $3,350
Hoboken, NJ $2,350 $3,100 $3,943 $3,825
New York, NY $3,600 $4,295 $5,200 $4,495

Top Neighborhoods Near Ridgewood

There are a total of 53 neighborhoods in or near Ridgewood. Some of these neighborhoods include East Flatbush, Astoria, and Flatbush. We've included the top 30 neighborhoods out of 53 total neighborhoods in or near Ridgewood, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Ridgewood, New York, NY is currently around $4,278 per month. A total of 18 neighborhoods have a lower average rent. Meaning, only twelve neighborhoods have a higher average rent than $4,278. Interestingly, the neighborhoods' average rent is higher than Ridgewood's average rent, which is only $3,700. Out of all the neighborhoods in or near Ridgewood, East Side has the most affordable average rent at $1,950 per month. Whereas, at $8,125 average rent per month, Ocean Beach is the most expensive neighborhood in or near Ridgewood. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
East Flatbush, New York, NY $2,837 $2,675 $3,065 $3,065
Astoria, New York, NY $3,000 $2,850 $3,981 $3,200
Flatbush, New York, NY $2,790 $3,050 $3,194 $3,261
Forest Hills, New York, NY $2,616 $2,600 $3,760 $3,450
Bedford-Stuyvesant, New York, NY $2,500 $3,000 $3,399 $3,500
Bushwick, New York, NY $2,700 $3,000 $3,449 $3,500
Crown Heights, New York, NY $2,822 $2,900 $3,675 $3,667
Fort Greene, New York, NY $3,505 $4,580 $6,350 $3,910
Clinton Hill, New York, NY $3,378 $3,750 $5,250 $3,963
Bowery, New York, NY $2,800 $3,599 $4,250 $3,995
Long Island City, New York, NY $3,300 $4,068 $6,000 $4,040
NoHo, New York, NY $4,150 $4,743 $7,875 $4,175
Downtown Brooklyn, New York, NY $3,425 $4,264 $5,950 $4,272
Murray Hill, New York, NY $3,592 $4,261 $6,200 $4,278
Prospect Heights, New York, NY $3,600 $4,423 $5,997 $4,300
Financial District, New York, NY $3,650 $4,569 $6,474 $4,360
NoLita, New York, NY $3,390 $4,200 $5,600 $4,395
Flatiron District, New York, NY $4,125 $5,900 $8,642 $4,550
Midtown East, New York, NY $3,400 $4,500 $5,300 $4,600
East Village, New York, NY $2,859 $3,598 $4,595 $4,795
Greenwich Village, New York, NY $4,100 $5,000 $4,975 $4,800
Williamsburg, New York, NY $3,950 $4,664 $4,750 $4,924
Midtown South, New York, NY $3,525 $4,963 $6,995 $5,000
Little Italy, New York, NY $3,900 $5,000 $5,500 $5,062
Greenpoint, New York, NY $3,489 $4,400 $6,325 $5,150
Kips Bay, New York, NY $3,885 $4,148 $5,450 $5,195
Lower East Side, New York, NY $3,300 $3,795 $4,595 $5,250
NoMad, New York, NY $4,419 $5,572 $8,677 $5,589
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,047 $6,075 $5,749
Gramercy Park, New York, NY $3,815 $4,950 $5,795 $5,983

Top Counties Near Ridgewood

There are a total of 53 counties located by Ridgewood, New York, NY. Some of these counties include West New York, NJ, Jersey City, NJ, and North Bergen, NJ. The average rent for rentals in these counties is $4,000. That's roughly around $3 per sqft. A total of 17 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,950. Vice versa, with an average rent of $14,250, Westport, CT is the most expensive county by Ridgewood, New York, NY.

Typically, rent for studios in Ridgewood, New York, NY is 25.28% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Ridgewood, New York, NY is 14.99% more expensive than other counties nearby. Finally, rent for two bedrooms in Ridgewood, New York, NY is 4.55% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
West New York, NJ $1,700 $2,463 $2,825 $2,600
Jersey City, NJ $2,088 $2,700 $2,695 $2,800
North Bergen, NJ $2,300 $2,373 $2,850 $2,850
Fort Lee, NJ $1,475 $2,450 $3,450 $3,098
Bronx, New York, NY $2,580 $2,900 $3,362 $3,100
Cliffside Park, NJ N/A $2,150 $3,348 $3,350
Queens, New York, NY $3,204 $3,100 $4,000 $3,500
Hoboken, NJ $2,350 $3,100 $3,943 $3,825
Brooklyn, New York, NY $3,595 $4,050 $4,000 $4,000
Manhattan, New York, NY $3,650 $4,400 $5,679 $4,650

Top Zipcodes Near Ridgewood

There are a total of 50 zipcodes in or near Ridgewood, New York, NY. The average rent for all of these zipcodes is $4,500. A total of 12 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07756, Ocean Grove, NJ at $2,800 per month. In comparison, the zipcode with the most expensive average rent of $9,000 per month is 11561, Lido Beach, NY.

Studios in these zipcodes have an average rent of $3,326. That's at least $8 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Ridgewood, New York, NY is $3,969 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,550 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Ridgewood, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
11237, New York, NY $3,000 $3,125 $3,499 $3,600
11221, New York, NY $2,675 $2,900 $3,195 $3,500
11206, New York, NY $2,900 $3,046 $3,995 $3,995
11216, New York, NY $2,599 $3,175 $3,575 $3,667
11211, New York, NY $3,950 $4,735 $5,600 $5,200
11101, New York, NY $3,351 $4,318 $6,295 $4,439
11238, New York, NY $3,536 $3,938 $5,317 $4,000
11375, New York, NY $2,616 $2,700 $3,760 $3,475
10009, New York, NY $2,775 $3,695 $4,595 $4,695
11217, New York, NY $3,550 $4,463 $6,495 $4,350

Frequently Asked Questions - Ridgewood Average Rents

What is the average rent price in Ridgewood, New York, NY?
The average monthly rental price for Ridgewood, New York, NY apartments for rent is approximately $3,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Ridgewood, New York, NY rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Ridgewood, New York, NY.
How much is a studio apartment in Ridgewood, New York, NY?
The average monthly rental price for studio apartments is $2,075 and an average price per square feet of $2.90. There are a total of 2 studio apartment listings currently available for rent in Ridgewood.
How much is a one bedroom apartment in Ridgewood, New York, NY?
The average monthly rental price for one bedroom apartments is $3,000 and an average price per square feet of $0. There are a total of 8 one bedroom apartment listings currently available for rent in Ridgewood.
How much is a two bedroom apartment in Ridgewood, New York, NY?
The average monthly rental price for two bedroom apartments is $3,300 and an average price per square feet of $2,175.00. There are a total of 18 two bedroom apartment listings currently available for rent in Ridgewood.
How have rent prices in Ridgewood, New York, NY changed this year?
Rent prices for rentals in Ridgewood, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in Ridgewood, New York, NY?
A reasonable rent price in Ridgewood, New York, NY is around $2,960/month. You can search for these reasonably priced rental listings on RentHop.
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