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City Report · NJ

Ridgefield

Pop. 11,498·100th most expensive in New Jersey·Rental market data updated monthly for Ridgefield, NJ
Median rent (all units)
$2,543/mo
Year-over-Year
Stable
Month-over-Month
+1.0%
vs US Median
+$581
Rising (Monthly)
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Most AffordableMost Expensive
Ridgefield · $2,543
More expensive than 80% of US cities · National median $1,962/mo
Affordability
26% of income
AFFORDABLE
0%30% benchmark60%+

At $2,543/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$102,000/yr
Local median income
$118,059/yr
Based on the 30%-of-income rule using Ridgefield's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,730
1 BR
$2,010
2 BR
$2,300
3 BR
$2,830
4 BR+
$3,580
Fair Market Rent (HUD)
$2,300/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,543 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$30,516/yr
At $2,543/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.0% MoM), not inventory.
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Demographics

Who lives here

Ridgefield, NJ is roughly split between renters and owners, has a median income above the national average, 46.5% of residents hold a bachelor's degree or higher.

Population
11,498
Median income
$118,059
Median age
39.8
Renters
48.6%
Age distribution
18%
22.7%
26.6%
16.3%
16.4%
Under 1818%
18–3422.7%
35–5426.6%
55–6416.3%
65+16.4%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
40%
37.8%
22.1%
White40%
Black2.7%
Hispanic37.8%
Asian22.1%
Education (25+)
24.8%
21%
46.5%
No HS diploma7.8%
HS diploma24.8%
Some college21%
Bachelor's+46.5%
Housing tenure
51.4%
48.6%
Owner51.4%
Renter48.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Ridgefield, NJ has changed in 5 years

Income
$93,045 → $118,059
up 26.9%
Population
11,477 → 11,498
up 0.2%
Renter share
52.7% → 48.6%
-4.1 pts
Bachelor's+
46.1% → 46.5%
+0.4 pts
Median age
41.8 → 39.8
-2.0 yrs

Median household income rose from $93,045 to $118,059 between 2021 and 2024, a 26.9% shift. Renters now make up 48.6% of households, compared with 52.7% five years ago.

Community

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View Ridgefield rent history (2015–2026) →
Salary vs rent

Can you afford rent in Ridgefield on your salary?

At $2,543/mo, how Ridgefield rent compares to typical pay (30% rule).

By apartment size

Ridgefield rent by bedroom count

Median rent for each apartment size in Ridgefield. Click any size for full breakdown.

Local insights

Tips for renters in Ridgefield

About renting in Ridgefield, NJ

Last updated: August 17, 2026

The median rent in Ridgefield is $2,543/mo as of August 2026. A studio apartment averages $1,730/mo while a 2-bedroom runs $2,300/mo. One-bedroom apartments average $2,010/mo and 3-bedroom units go for $2,830/mo.

At 26% of local median household income ($118,059/yr), Ridgefield ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Ridgefield an affordable city for renters?

Ridgefield is considered affordable for renters. At $2,543/mo, rent takes approximately 26% of the local median household income ($118,059/yr). The standard benchmark is 30%. Ridgefield falls comfortably within that range.

How much income do you need to rent in Ridgefield?

To keep rent at or below 30% of gross income, you would need to earn at least $102,000/year (~$49/hour full-time) to afford the median rent of $2,543/mo in Ridgefield. The local median household income is $118,059/yr, meaning the typical Ridgefield household meets that threshold.

Is rent going up or down in Ridgefield?

Rent in Ridgefield has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Ridgefield rent compare to other cities in New Jersey?

Ridgefield is middle-of-the-pack for New Jersey for rent, ranking #100 out of 183 tracked cities at $2,543/mo.

Which nearby cities are cheaper to rent in than Ridgefield?

Several nearby cities have lower median rents than Ridgefield ($2,543/mo): Ridgefield Park ($2,161/mo), Fairview ($2,250/mo).

What percentage of Ridgefield residents rent vs. own?

According to Census data, approximately 48.6% of Ridgefield households are renters, while 51.4% are owner-occupied. Ridgefield leans toward homeownership, which can mean a smaller rental inventory.

How does Ridgefield rent compare to the national average?

Ridgefield's median rent of $2,543/mo is $581 (30%) above the US national median of $1,962/mo. Within New Jersey, it ranks #100 out of 183 tracked cities.
Income Affordability
26%
AFFORDABLE

At $2,543/mo, rent takes ~26% of Ridgefield's median household income ($118,059/yr). The standard benchmark is 30%.

Ridgefield 26%Benchmark 30%
State income tax1.4–10.75%
Run the Ridgefield affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Ridgefield, NJ

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