What is the median rent in Montvale Borough, NJ?

Name: Median rent in Montvale Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Montvale Borough, NJ is $2,053 (±$443) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 591 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Montvale Borough, the median gross rent went from $1,833 in 2015–2019 to $2,053 in 2020–2024 (+12.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $2,053 (±$443)
Rented homes: 591 (±188)
$2,000 or more: 51.9%
Since 2015–2019: +12.0%

How much rent costs in Montvale Borough

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Montvale Borough	Bergen County	New Jersey	United States
Less than $500	0.0% (±7.3 points)	3.4%	6.1%	6.3%
$500 to $999	0.0% (±7.3 points)	3.9%	7.9%	20.2%
$1,000 to $1,499	9.8% (±12.0 points)	16.0%	23.5%	28.1%
$1,500 to $1,999	38.2% (±20.3 points)	32.3%	28.5%	21.1%
$2,000 to $2,499	18.3% (±14.2 points)	19.3%	17.2%	12.0%
$2,500 to $2,999	11.3% (±13.1 points)	10.7%	7.9%	5.5%
$3,000 or more	22.3% (±17.1 points)	14.4%	8.9%	6.8%

The most common range is $1,500 to $1,999, paid by 38.2% of renting households.

51.9% of rented homes in Montvale Borough cost $2,000 or more a month.

Montvale Borough against Bergen County, its state and the nation

Estimate (90% margin of error)
	Montvale Borough	Bergen County	New Jersey	United States
Median gross rent	$2,053 (±$443)	$1,914 (±$21)	$1,720 (±$7)	$1,413
Rented homes paying rent	591 (±188)	119,185 (±2,551)	1,230,839 (±7,912)	42,849,984

In Montvale Borough, median gross rent is not measurably different from Bergen County ($1,914).

It is not measurably different from New Jersey ($1,720).

It is higher than the national figure ($1,413).

In Bergen County, Montvale Borough ranks 32 of 70 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 148 of 548.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Montvale Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,833 (±$726)	$2,053 (±$443)	+12.0%	No measurable change after inflation
Households that rent	11.7% (±4.1 points)	20.0% (±6.4 points)	+8.3 percentage points	Measurable increase
Rental vacancy rate	0.0% (±9.6 points)	6.4% (±9.7 points)	+6.4 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 Montvale Borough

Nearest places with a published estimate, compared with Montvale Borough
Place	Distance	Median gross rent	Compared with this place
Montvale Borough	—	$2,053 (±$443)	—
Park Ridge Borough	1.3 mi	$2,257 (±$482)	Not measurably different
Village of Chestnut Ridge	2.1 mi	$1,710 (±$742)	Not measurably different
Woodcliff Lake Borough	2.1 mi	$1,888 (±$394)	Not measurably different
Pearl River	2.1 mi	$1,973 (±$274)	Not measurably different
Upper Saddle River Borough	2.8 mi	$3,500 or more	—
Saddle River Borough	3.2 mi	$2,211 (±$2,084)	Not measurably different
Nanuet	3.3 mi	$2,308 (±$115)	Not measurably different
Hillsdale Borough	3.3 mi	$1,764 (±$261)	Not measurably different

None of the nearby places differs measurably from this one on this figure.

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
26	Mahwah Township	$2,204 (±$206)
27	Ridgefield Borough	$2,095 (±$161)
28	Norwood Borough	$2,094 (±$670)
29	Elmwood Park Borough	$2,074 (±$102)
30	Leonia Borough	$2,073 (±$235)
31	Saddle Brook Township	$2,064 (±$104)
32	Montvale Borough	$2,053 (±$443)
33	Palisades Park Borough	$2,009 (±$149)
34	Teterboro Borough	$1,982 (±$381)
35	Englewood	$1,977 (±$144)
36	Rutherford Borough	$1,966 (±$139)
37	East Rutherford Borough	$1,952 (±$195)
38	Bogota Borough	$1,941 (±$157)

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 Montvale Borough

What is the average rent in Montvale Borough, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Montvale Borough is $2,053 (±$443) 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 Montvale Borough?

In Montvale Borough, the median gross rent went from $1,833 in 2015–2019 to $2,053 in 2020–2024 (+12.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Montvale Borough cost more than $2,000 a month?

51.9% of rented homes in Montvale Borough have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Montvale Borough higher than in Bergen County?

In Montvale Borough, median gross rent is not measurably different from Bergen County ($1,914).

It is not measurably different from 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

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 Montvale borough, Bergen County, New Jersey (county subdivision:47610, 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.

Request a Census API 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.