Home prices
The median home in Park Ridge costs $588,900. Compared to its nearby areas this is roughly $257,820 (30%) lower.It is approximately $371,400 (170%) higher compared to the country as a whole, and it is about $17,100 (2%) lower compared to the city of New York.
Rents
The median rent in Park Ridge is $1,474 a month. Compared to its surrounding areas this is approximately $237 (13%) lower.It is approximately $412 (38%) higher in comparison to the nation as a whole, and it is about $31 (2%) higher in comparison to the city of New York.
Nearby places
Woodcliff Lake
Woodcliff Lake is Park Ridge's neighbor to the southwest. The housing prices there are a little more expensive. The median home value in Woodcliff Lake is $812,300, which works out to $223,400 (27%) higher than Park Ridge. Rent there is a little more expensive. The median monthly rent in Woodcliff Lake is $2,069, which works out to $595 (28%) higher than Park Ridge.
Montvale
Montvale is Park Ridge's neighbor to the north. Its real estate prices are fairly similar. The median home in Montvale costs $619,400, which works out to $30,500 (4%) higher than Park Ridge. Rents there are somewhat more expensive. In Montvale the median monthly rent is $1,833, which comes out to $359 (19%) higher than Park Ridge.
Hillsdale
Hillsdale is Park Ridge's neighbor to the south. The real estate prices there are fairly similar. Hillsdale's median home price is $566,200, which is $22,700 (4%) lower than Park Ridge. The rent there is pretty similar. The median monthly rent in Hillsdale is $1,405, which is $69 (4%) lower than Park Ridge.
Pearl River
Pearl River is approximately 2 miles northeast of Park Ridge. Housing prices there are a little less expensive. Pearl River's median home cost is $456,200, which is $132,700 (29%) lower than Park Ridge. Rents there are pretty similar. Pearl River's median rent is $1,443 a month, which comes out to $31 (2%) lower than Park Ridge.
Saddle River
Saddle River is approximately 2 miles west from Park Ridge. Housing prices there are a lot more expensive. The median home in Saddle River is valued at $1,779,500, which works out to $1,190,600 (66%) higher than Park Ridge. Its rents are somewhat more expensive. Saddle River's median monthly rent is $1,804, which is $330 (18%) higher than Park Ridge.
