Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ridgewood area can be challenging. Home prices in Ridgewood are now at a median cost of $243,789, lower than the Madison average of $304,464.
The average cost of rent is $1,148/mo in Ridgewood, primarily driven by the current value of real estate in the Ridgewood area. While nearly 19.87% of residents own their homes outright in Ridgewood, 52.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ridgewood is $6,800 per month. Households that rent pay about 16.88% of their income on rent here. Ridgewood's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Heistand, Madison, WI: higher priced homes
- Bluff Acres, Madison, WI: equally priced homes
- McClellan Park, Madison, WI: higher priced homes
- Eastmorland, Madison, WI: less expensive homes
- Elvehjem, Madison, WI: equally priced homes
- Schenk-Atwood-Starkweather-Yahar, Madison, WI: equally priced homes
- Sherman, Madison, WI: less expensive homes
- Marquette, Madison, WI: higher priced homes
- Glendale, Madison, WI: equally priced homes
- Tenney-Lapham, Madison, WI: higher priced homes
Neighborhoods with Similar Populations
- Southland, San Angelo, TX: equally priced homes
- Samish Hill, Bellingham, WA: higher priced homes
- Shelby Center Historic District, Shelby, OH: less expensive homes
- Silver Rock, Rockville, MD: higher priced homes
- Silver Valley Addition, Sioux Falls, SD: higher priced homes
- Skinker-Debaliviere, St. Louis, MO: higher priced homes
- Slabtown, Portland, OR: higher priced homes
- Slater Park, Charlotte, NC: less expensive homes
- South Pointe, San Bernardino, CA: higher priced homes
- South Salt Creek, Lincoln, NE: less expensive homes
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