Ridgewood renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Ridgewood is about $1,694 per month. This puts it in the 63rd percentile compared to the city average cost of rent, which is $1,818. Households in Ridgewood have a median income of $6,102 per month so the average renter in Ridgewood is spending roughly 28% of their earnings on housing.
Nationally, and in Ridgewood, home values are the data point most closely correlated with the cost of rent. The median price of a home in Ridgewood is $782,155 right now, which is lower than neighborhoods nearby, meaning that rents in Ridgewood also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of Ridgewood while lower rent rates are often available in western areas.
Nearby Neighborhoods
- Bushwick, Brooklyn, NY: less expensive rent prices
- Glendale, Ridgewood, NY: more expensive rent prices
- Maspeth, New York, NY: more expensive rent prices
- Middle Village, New York, NY: more expensive rent prices
- Bedford-Stuyvesant, Brooklyn, NY: less expensive rent prices
- Elmhurst, New York, NY: more expensive rent prices
- Greenpoint, Brooklyn, NY: more expensive rent prices
- Williamsburg, Brooklyn, NY: more expensive rent prices
- Woodside, New York, NY: more expensive rent prices
- East Brooklyn, Brooklyn, NY: less expensive rent prices
Neighborhoods with Similar Populations
- Cordova-Appling, Cordova, TN: less expensive rent prices
- West Town, Chicago, IL: more expensive rent prices
- Northwest Raleigh, Raleigh, NC: less expensive rent prices
- Douglastown-Little Neck, Little Neck, NY: more expensive rent prices
- Buckhead, Atlanta, GA: more expensive rent prices
- North, Raleigh, NC: less expensive rent prices
- North Long Beach, Long Beach, CA: less expensive rent prices
- Boyle Heights, Los Angeles, CA: less expensive rent prices
- Ahwatukee, Phoenix, AZ: more expensive rent prices
- Utopia, Jamaica, NY: more expensive rent prices
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