What is the median rent in Oakland Borough, NJ?
The median gross rent in Oakland Borough, NJ is $1,383 (±$193) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 201 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Oakland Borough, the median gross rent went from $1,642 in 2015–2019 to $1,383 in 2020–2024 (−15.8%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median gross rent
- $1,383 (±$193)
- Rented homes
- 201 (±90)
- $2,000 or more
- 15.0%
- Since 2015–2019
- −15.8%
How much rent costs in Oakland Borough
| Monthly gross rent | Oakland Borough | Bergen County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 10.0% (±9.3 points) | 3.4% | 6.1% | 6.3% |
| $500 to $999 | 24.9% (±20.7 points) | 3.9% | 7.9% | 20.2% |
| $1,000 to $1,499 | 25.9% (±24.2 points) | 16.0% | 23.5% | 28.1% |
| $1,500 to $1,999 | 24.4% (±15.1 points) | 32.3% | 28.5% | 21.1% |
| $2,000 to $2,499 | 6.5% (±10.8 points) | 19.3% | 17.2% | 12.0% |
| $2,500 to $2,999 | 0.0% (±19.9 points) | 10.7% | 7.9% | 5.5% |
| $3,000 or more | 8.5% (±9.1 points) | 14.4% | 8.9% | 6.8% |
The most common range is $1,000 to $1,499, paid by 25.9% of renting households.
15.0% of rented homes in Oakland Borough cost $2,000 or more a month.
Oakland Borough against Bergen County, its state and the nation
| Oakland Borough | Bergen County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $1,383 (±$193) | $1,914 (±$21) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 201 (±90) | 119,185 (±2,551) | 1,230,839 (±7,912) | 42,849,984 |
In Oakland Borough, median gross rent is lower than in Bergen County ($1,914).
It is also lower than in New Jersey ($1,720).
It is not measurably different from the national figure ($1,413).
In Bergen County, Oakland Borough ranks 69 of 70 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 462 of 548.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Oakland Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,642 (±$285) | $1,383 (±$193) | −15.8% | Down after inflation |
| Households that rent | 9.5% (±2.5 points) | 7.1% (±3.1 points) | −2.4 percentage points | Not a measurable change |
| Rental vacancy rate | 4.3% (±6.5 points) | 0.0% (±13.1 points) | −4.3 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 Oakland Borough
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Oakland Borough | — | $1,383 (±$193) | — |
| Franklin Lakes Borough | 2.4 mi | $3,230 (±$207) | Higher |
| Wanaque Borough | 2.6 mi | $1,778 (±$248) | Higher |
| Pompton Lakes Borough | 3.1 mi | $1,845 (±$189) | Higher |
| Wyckoff Township | 4.3 mi | $2,567 (±$544) | Higher |
| Riverdale Borough | 4.6 mi | $2,424 (±$329) | Higher |
| Mahwah Township | 4.6 mi | $2,204 (±$206) | Higher |
| Bloomingdale Borough | 5.0 mi | $1,753 (±$81) | Higher |
| Ringwood Borough | 5.3 mi | $1,750 (±$1,271) | Not measurably different |
Nearby places with a measurably higher figure: Franklin Lakes Borough, NJ ($3,230), Wanaque Borough, NJ ($1,778), Pompton Lakes Borough, NJ ($1,845).
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 |
|---|---|---|
| 63 | Fairview Borough | $1,694 (±$95) |
| 64 | Garfield | $1,688 (±$59) |
| 65 | Carlstadt Borough | $1,645 (±$157) |
| 66 | Wallington Borough | $1,625 (±$127) |
| 67 | River Vale Township | $1,455 (±$1,365) |
| 68 | Harrington Park Borough | $1,414 (±$115) |
| 69 | Oakland Borough | $1,383 (±$193) |
| 70 | Moonachie Borough | $1,127 (±$341) |
Showing 8 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 Oakland Borough
What is the average rent in Oakland Borough, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Oakland Borough is $1,383 (±$193) 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 Oakland Borough?
In Oakland Borough, the median gross rent went from $1,642 in 2015–2019 to $1,383 in 2020–2024 (−15.8%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
How many rentals in Oakland Borough cost more than $2,000 a month?
15.0% of rented homes in Oakland Borough have a gross rent of $2,000 or more a month, and 10.0% cost less than $500.
Is rent in Oakland Borough higher than in Bergen County?
In Oakland Borough, median gross rent is lower than in Bergen County ($1,914).
It is also lower than in New Jersey ($1,720).
It is not measurably different from 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 — Oakland borough, Bergen County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Oakland borough, Bergen County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Oakland 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 Oakland borough, Bergen County, New Jersey (county subdivision:53850, 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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- Property taxes in Oakland Borough
- Types of homes in Oakland Borough
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- Heating fuel in Oakland Borough
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- Crime reported to police in Oakland Borough
- Population growth in Oakland Borough
- How long people stay in Oakland Borough
- Crowding and facilities in Oakland Borough
- Fair Market Rent in Oakland 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