What is the median rent in Edgewater Borough, NJ?
The median gross rent in Edgewater Borough, NJ is $2,579 (±$176) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 4,270 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Edgewater Borough, the median gross rent went from $2,506 in 2015–2019 to $2,579 in 2020–2024 (+2.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- Median gross rent
- $2,579 (±$176)
- Rented homes
- 4,270 (±460)
- $2,000 or more
- 74.2%
- Since 2015–2019
- +2.9%
How much rent costs in Edgewater Borough
| Monthly gross rent | Edgewater Borough | Bergen County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 3.5% (±3.3 points) | 3.4% | 6.1% | 6.3% |
| $500 to $999 | 1.8% (±1.9 points) | 3.9% | 7.9% | 20.2% |
| $1,000 to $1,499 | 3.1% (±2.2 points) | 16.0% | 23.5% | 28.1% |
| $1,500 to $1,999 | 17.4% (±5.6 points) | 32.3% | 28.5% | 21.1% |
| $2,000 to $2,499 | 21.2% (±6.4 points) | 19.3% | 17.2% | 12.0% |
| $2,500 to $2,999 | 18.9% (±7.1 points) | 10.7% | 7.9% | 5.5% |
| $3,000 or more | 34.1% (±6.7 points) | 14.4% | 8.9% | 6.8% |
The most common range is $3,000 or more, paid by 34.1% of renting households.
74.2% of rented homes in Edgewater Borough cost $2,000 or more a month.
Edgewater Borough against Bergen County, its state and the nation
| Edgewater Borough | Bergen County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $2,579 (±$176) | $1,914 (±$21) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 4,270 (±460) | 119,185 (±2,551) | 1,230,839 (±7,912) | 42,849,984 |
In Edgewater Borough, median gross rent is higher than in Bergen County ($1,914).
It is also higher than in New Jersey ($1,720).
It is higher than the national figure ($1,413).
In Bergen County, Edgewater Borough ranks 16 of 70 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 53 of 548.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Edgewater Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $2,506 (±$144) | $2,579 (±$176) | +2.9% | Down after inflation |
| Households that rent | 64.8% (±4.1 points) | 60.2% (±5.5 points) | −4.6 percentage points | Not a measurable change |
| Rental vacancy rate | 9.1% (±3.9 points) | 9.8% (±5.2 points) | +0.7 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Edgewater Borough
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Edgewater Borough | — | $2,579 (±$176) | — |
| Cliffside Park Borough | 0.8 mi | $1,837 (±$89) | Lower |
| Fairview Borough | 1.5 mi | $1,694 (±$95) | Lower |
| Fort Lee Borough | 1.8 mi | $2,270 (±$112) | Lower |
| Palisades Park Borough | 2.0 mi | $2,009 (±$149) | Lower |
| Ridgefield Borough | 2.2 mi | $2,095 (±$161) | Lower |
| Guttenberg Town | 2.7 mi | $1,677 (±$71) | Lower |
| Leonia Borough | 2.8 mi | $2,073 (±$235) | Lower |
| Ridgefield Park Village | 3.2 mi | $1,731 (±$153) | Lower |
Nearby places with a measurably lower figure: Cliffside Park Borough, NJ ($1,837), Fairview Borough, NJ ($1,694), Fort Lee Borough, NJ ($2,270).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Bergen County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 10 | Paramus Borough | $3,032 (±$340) |
| 11 | Ho-Ho-Kus Borough | $2,857 (±$1,505) |
| 12 | Alpine Borough | $2,750 (±$1,633) |
| 13 | Closter Borough | $2,721 (±$286) |
| 14 | Cresskill Borough | $2,599 (±$1,033) |
| 15 | Allendale Borough | $2,590 (±$866) |
| 16 | Edgewater Borough | $2,579 (±$176) |
| 17 | Wyckoff Township | $2,567 (±$544) |
| 18 | Ridgewood Village | $2,499 (±$347) |
| 19 | Westwood Borough | $2,458 (±$218) |
| 20 | Washington Township (Bergen County) | $2,357 (±$364) |
| 21 | Oradell Borough | $2,305 (±$837) |
| 22 | Fort Lee Borough | $2,270 (±$112) |
Showing 13 of 70 places in Bergen County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Edgewater Borough
What is the average rent in Edgewater Borough, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Edgewater Borough is $2,579 (±$176) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Edgewater Borough?
In Edgewater Borough, the median gross rent went from $2,506 in 2015–2019 to $2,579 in 2020–2024 (+2.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
How many rentals in Edgewater Borough cost more than $2,000 a month?
74.2% of rented homes in Edgewater Borough have a gross rent of $2,000 or more a month, and 3.5% cost less than $500.
Is rent in Edgewater Borough higher than in Bergen County?
In Edgewater Borough, median gross rent is higher than in Bergen County ($1,914).
It is also higher than in New Jersey ($1,720).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Edgewater borough, Bergen County, New Jersey (county subdivision:20020, in state:34 county:003).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Homeowner costs in Edgewater Borough
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- Types of homes in Edgewater Borough
- Bedrooms in Edgewater Borough
- Age of homes in Edgewater Borough
- Vacancy rate in Edgewater Borough
- Heating fuel in Edgewater Borough
- Commute and cars in Edgewater Borough
- Crime reported to police in Edgewater Borough
- Population growth in Edgewater Borough
- How long people stay in Edgewater Borough
- Crowding and facilities in Edgewater Borough
- Fair Market Rent in Edgewater Borough
- Local landlord and tenant rules in Edgewater Borough
- New Jersey landlord and tenant rules
- Housing across Bergen County
- New Jersey places ranked by median rent
- Housing data for every place in New Jersey