Apartments in Downs Street Ridgecrest

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$1,250
840 E Ridgecrest Blvd #24 Ridgecrest, CA
2 BR | Dec. 7, 2024
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Northwest Ridgecrest
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$1,250
840 E Ridgecrest Blvd #33 Ridgecrest, CA
2 BR | Available Now
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Northwest Ridgecrest
14
$975
828 Commercial Ave Ridgecrest, CA
2 BR | Available Now
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Ridgecrest:
November Rent Report

Welcome to the November 2024 Ridgecrest Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Ridgecrest rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Ridgecrest and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Ridgecrest average rent prices in the chart below.

Monthly Rent Report

$1,300
$980
$650
$330
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Ridgecrest Rent Prices Decrease From October to November

Ridgecrest rent prices decreased over the last month. From October to November, the city experienced a -0.33% decrease for the price of a one-bedroom apartment. The rent price for a Ridgecrest one-bedroom apartments currently stands at $915.0.

When we take a look at the two-bedroom comparison from October to November, Ridgecrest experienced a -3.95% decrease for the price of a two-bedroom apartment. The rent price for a Ridgecrest two-bedroom apartments currently stands at $1,071.0.

November Prices: Ridgecrest vs. Surrounding Areas

Rent Prices in Ridgecrest and Surrounding Areas

Rent prices have decreased in Ridgecrest over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Ridgecrest suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Ridgecrest suburbs

  • Rents did not decrease in any of the Ridgecrest suburbs.

November 2024 Pricing Trends: Ridgecrest vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Ridgecrest Rent Prices More Affordable Than Major Cities

Rent growth in Ridgecrest over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Ridgecrest average rent prices appear to be relatively affordable for local residents.

The price for a Ridgecrest one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Ridgecrest and surrounding area rent prices, take a look at the complete data set below.

Data set for Ridgecrest and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.