Average Rent in Ridgewood, New York, NY

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Current Versus Historical Ridgewood, New York, NY Rents

Ridgewood rentals average $1,650 for a studio rental to $3,800 for a 4-bedroom rental. The median price of all currently available listings is $3,254, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have decreased by $716 (-27.91%) year-over-year from $2,566 to $1,850. 1-bedroom rentals prices have increased by $234 (8.47%) year-over-year from $2,766 to $3,000. 2-bedroom rentals prices have increased by $485 (16.64%) year-over-year from $2,915 to $3,400. 3-bedroom rentals prices have increased by $0 (0.01%) year-over-year from $3,500 to $3,500. 4-bedroom rentals prices have increased by $106 (2.77%) year-over-year from $3,825 to $3,931. 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 down by 19.61% this month. 1-bedroom rents have gone up by 3.92% this month. 2-bedroom rents have gone down by 0.92% this month. 3-bedroom rents have gone up by 5.70% this month. 4-bedroom rents have gone up by 0.31% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $7.70 $1,850 $2,566 (-27.91%) $1,621 (14.10%)
1 BR N/A $3,000 $2,766 (8.47%) $1,973 (52.03%)
2 BR $1,747.50 $3,400 $2,915 (16.64%) $2,198 (54.69%)
3 BR $3.18 $3,500 $3,500 (0.01%) $2,517 (39.07%)
4+ BR $3.64 $3,931 $3,825 (2.77%) $2,975 (32.13%)

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 34 cities nearby Ridgewood. The average rent in Ridgewood is currently $3,077 per month. A total of 18 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 $15,000 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 3.41% more affordable than other cities nearby. One bedrooms are about 13.34% more expensive. Two bedrooms in Ridgewood, New York, NY are about 7.91% more expensive. Finally, rent for three bedrooms are about 22.86% more affordable. Want more information? Check out the top 10 cities out of 34 total cities near Ridgewood, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,100 $2,074 $2,100 $2,300
Bayonne, NJ $2,325 $2,047 $2,422 $2,400
West New York, NJ N/A $2,525 $2,850 $2,698
Jersey City, NJ $2,825 $2,600 $2,650 $2,700
Union City, NJ $1,900 $2,300 $2,800 $2,800
Fort Lee, NJ $1,500 $2,365 $3,050 $2,900
Cliffside Park, NJ N/A $2,150 $3,050 $3,000
Hoboken, NJ $3,026 $3,199 $4,225 $3,700
Palisades Park, NJ $1,500 $2,000 $2,843 $3,775
New York, NY $3,525 $4,200 $5,076 $4,395

Top Neighborhoods Near Ridgewood

There are a total of 54 neighborhoods in or near Ridgewood. Some of these neighborhoods include East Flatbush, Forest Hills, and Astoria. We've included the top 30 neighborhoods out of 54 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 $4,409 per month. A total of 9 neighborhoods have a lower average rent. Meaning, only twenty-one neighborhoods have a higher average rent than $4,409. Interestingly, the neighborhoods' average rent is higher than Ridgewood's average rent, which is only $3,254. Out of all the neighborhoods in or near Ridgewood, East Side has the most affordable average rent at $1,900 per month. Whereas, at $8,250 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 $2,600 $2,900 $2,900
Forest Hills, New York, NY $2,650 $2,400 $3,500 $3,000
Astoria, New York, NY $2,650 $2,800 $4,050 $3,200
Flatbush, New York, NY $2,800 $2,789 $3,193 $3,284
Bedford-Stuyvesant, New York, NY $2,375 $2,850 $3,034 $3,300
Bushwick, New York, NY $2,650 $2,799 $3,475 $3,450
Crown Heights, New York, NY $2,800 $2,800 $3,675 $3,500
Clinton Hill, New York, NY $3,050 $3,500 $5,997 $3,575
Bowery, New York, NY $2,870 $3,995 $3,999 $3,995
Brooklyn Heights, New York, NY $3,750 $4,043 $5,900 $3,995
Long Island City, New York, NY $3,323 $4,035 $5,998 $4,000
Fort Greene, New York, NY $3,475 $4,750 $6,268 $4,020
Downtown Brooklyn, New York, NY $3,378 $4,195 $5,765 $4,195
Prospect Heights, New York, NY $3,598 $4,410 $6,100 $4,300
NoLita, New York, NY $3,545 $4,495 $4,895 $4,495
East Village, New York, NY $2,850 $3,625 $4,495 $4,495
Midtown East, New York, NY $3,398 $4,200 $5,595 $4,550
Williamsburg, New York, NY $3,611 $4,500 $4,650 $4,650
Murray Hill, New York, NY $3,600 $4,300 $6,460 $4,793
Greenwich Village, New York, NY $4,150 $4,800 $5,075 $4,800
Greenpoint, New York, NY $3,495 $4,308 $5,850 $4,899
Kips Bay, New York, NY $3,795 $4,158 $5,303 $4,938
NoHo, New York, NY $3,850 $5,000 $7,750 $5,000
Little Italy, New York, NY $3,875 $5,000 $5,500 $5,000
Midtown South, New York, NY $3,785 $4,995 $6,858 $5,000
Flatiron District, New York, NY $4,050 $5,900 $8,500 $5,150
Lower East Side, New York, NY $3,695 $3,495 $4,500 $5,195
NoMad, New York, NY $4,449 $5,596 $8,506 $5,710
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,067 $6,075 $5,848
Gramercy Park, New York, NY $3,815 $5,195 $5,295 $6,050

Top Counties Near Ridgewood

There are a total of 54 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 $3,643. That's roughly around $3 per sqft. A total of 20 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 $15,000, Westport, CT is the most expensive county by Ridgewood, New York, NY.

Typically, rent for studios in Ridgewood, New York, NY is 16.36% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Ridgewood, New York, NY is 8.50% more expensive than other counties nearby. Finally, rent for two bedrooms in Ridgewood, New York, NY is 4.79% more expensive 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 N/A $2,525 $2,850 $2,698
Jersey City, NJ $2,825 $2,600 $2,650 $2,700
North Bergen, NJ $2,149 $2,125 $2,850 $2,850
Fort Lee, NJ $1,500 $2,365 $3,050 $2,900
Cliffside Park, NJ N/A $2,150 $3,050 $3,000
Bronx, New York, NY $2,675 $2,415 $2,851 $3,000
Queens, New York, NY $2,995 $2,667 $3,350 $3,200
Hoboken, NJ $3,026 $3,199 $4,225 $3,700
Brooklyn, New York, NY $3,489 $3,975 $4,000 $3,892
Manhattan, New York, NY $3,581 $4,389 $5,500 $4,595

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 $4,464. A total of 6 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 $3,000 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 11770, Ocean Beach, NY.

Studios in these zipcodes have an average rent of $3,351. That's at least $7 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 $4,090 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,317 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 N/A $2,750 $3,500 $3,600
11221, New York, NY $2,650 $2,850 $3,000 $3,300
11206, New York, NY $2,793 $2,699 $4,300 $4,432
11216, New York, NY $2,250 $2,940 $3,400 $3,400
11211, New York, NY $3,611 $4,640 $5,000 $4,800
11101, New York, NY $3,351 $4,093 $6,000 $4,338
11238, New York, NY $3,445 $4,087 $5,966 $4,070
11375, New York, NY $2,650 $2,400 $3,500 $3,005
10009, New York, NY $2,625 $3,650 $4,495 $4,495
11217, New York, NY $3,550 $4,450 $6,259 $4,315

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 $3,254. 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 $1,650 and an average price per square feet of $7.70. There are a total of 4 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 $2,659 and an average price per square feet of $0. There are a total of 10 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 $3,204 and an average price per square feet of $1,747.50. There are a total of 24 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 -0.28%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.17%, and three bedroom rental prices have changed by 0.00% 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 $2,603/month. You can search for these reasonably priced rental listings on RentHop.
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