What percentage of people rent in Montvale Borough, NJ?

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

20.0% (±6.4 points) of the occupied homes in Montvale Borough, NJ are rented (2020–2024 American Community Survey).

That is 624 renting households against 2,502 that own their home.

In Montvale Borough, the share of households that rent went from 11.7% in 2015–2019 to 20.0% in 2020–2024 (+8.3 percentage points), a measurable increase.

Figures last updated on November 12, 2026.

Households that rent: 20.0% (±6.4 points)
Renting households: 624 (±191)
Median renter income: $72,557 (±$17,779)

Who rents and who owns in Montvale Borough

Tenure, estimate (90% margin of error)
	Montvale Borough	Bergen County	New Jersey	United States
Renter-occupied share	20.0% (±6.4 points)	34.7% (±0.7 points)	36.2% (±0.2 points)	34.8%
Renting households	624 (±191)	123,102 (±2,634)	1,268,573 (±8,082)	45,017,354
Owning households	2,502 (±330)	232,025 (±2,535)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.7 (±0.5)	2.3 (±0.0)	2.4 (±0.0)	2.3
Average owner household size	2.9 (±0.3)	2.9 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$72,557 (±$17,779)	$74,953 (±$1,923)	$62,674 (±$718)	$52,966
Median owner household income	$215,401 (±$31,369)	$160,914 (±$2,251)	$133,477 (±$624)	$100,009

In Montvale Borough, the renter share is lower than in Bergen County (34.7%).

It is also lower than in New Jersey (36.2%).

It is lower than the national figure (34.8%).

In Bergen County, Montvale Borough ranks 44 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 307 of 564.

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

How renting 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
Households that rent	11.7% (±4.1 points)	20.0% (±6.4 points)	+8.3 percentage points	Measurable increase
Median gross rent	$1,833 (±$726)	$2,053 (±$443)	+12.0%	No measurable change after inflation
Median household income	$146,708 (±$22,729)	$178,269 (±$20,952)	+21.5%	No measurable change after inflation

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.

Households that rent in places near Montvale Borough

Nearest places with a published estimate, compared with Montvale Borough
Place	Distance	Households that rent	Compared with this place
Montvale Borough	—	20.0% (±6.4 points)	—
Park Ridge Borough	1.3 mi	19.0% (±5.1 points)	Not measurably different
Village of Chestnut Ridge	2.1 mi	23.9% (±7.8 points)	Not measurably different
Woodcliff Lake Borough	2.1 mi	13.7% (±5.7 points)	Not measurably different
Pearl River	2.1 mi	22.6% (±4.1 points)	Not measurably different
Upper Saddle River Borough	2.8 mi	8.9% (±4.3 points)	Lower
Saddle River Borough	3.2 mi	15.9% (±8.6 points)	Not measurably different
Nanuet	3.3 mi	35.2% (±4.8 points)	Higher
Hillsdale Borough	3.3 mi	7.2% (±2.5 points)	Lower

Nearby places with a measurably lower figure: Upper Saddle River Borough, NJ (8.9%), Hillsdale Borough, NJ (7.2%).

Nearby places with a measurably higher figure: Nanuet, NY (35.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Bergen County, place by place

Rank	Place	Households that rent
38	Teaneck Township	22.5% (±2.6 points)
39 (tie)	Cresskill Borough	21.9% (±5.4 points)
39 (tie)	Fair Lawn Borough	21.9% (±2.9 points)
41	Rockleigh Borough	21.3% (±15.1 points)
42 (tie)	Norwood Borough	20.8% (±7.2 points)
42 (tie)	Ramsey Borough	20.8% (±3.8 points)
44	Montvale Borough	20.0% (±6.4 points)
45	Park Ridge Borough	19.0% (±5.1 points)
46	Mahwah Township	18.9% (±2.9 points)
47	Allendale Borough	18.6% (±7.9 points)
48	Closter Borough	18.5% (±4.9 points)
49	Ridgewood Village	17.5% (±3.0 points)
50	Paramus Borough	17.4% (±3.5 points)

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

How many renters are there in Montvale Borough?

Montvale Borough has an estimated 624 (±191) renting households, 20.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Montvale Borough?

In Montvale Borough, the share of households that rent went from 11.7% in 2015–2019 to 20.0% in 2020–2024 (+8.3 percentage points), a measurable increase.

How big are renting households in Montvale Borough?

A renting household in Montvale Borough has 2.7 people on average, against 2.9 in an owned home.

How much do renters earn in Montvale Borough?

The median renting household in Montvale Borough, NJ has an income of $72,557 (±$17,779) a year, against $215,401 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.