What is the median rent in Silver Lake (Essex County), NJ?

The median gross rent in Silver Lake (Essex County), NJ is $1,448 (±$278) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 909 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Silver Lake (Essex County), the median gross rent went from $1,231 in 2015–2019 to $1,448 in 2020–2024 (+17.6%).

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 .

Median gross rent
$1,448 (±$278)
Rented homes
909 (±279)
$2,000 or more
11.6%
Since 2015–2019
+17.6%

How much rent costs in Silver Lake (Essex County)

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentSilver Lake (Essex County)Essex CountyNew JerseyUnited States
Less than $50010.1% (±10.6 points)9.6%6.1%6.3%
$500 to $9990.0% (±4.8 points)9.8%7.9%20.2%
$1,000 to $1,49943.2% (±18.5 points)28.8%23.5%28.1%
$1,500 to $1,99935.1% (±19.3 points)27.7%28.5%21.1%
$2,000 to $2,49911.6% (±8.5 points)14.2%17.2%12.0%
$2,500 to $2,9990.0% (±4.8 points)5.3%7.9%5.5%
$3,000 or more0.0% (±4.8 points)4.5%8.9%6.8%

The most common range is $1,000 to $1,499, paid by 43.2% of renting households.

11.6% of rented homes in Silver Lake (Essex County) cost $2,000 or more a month.

Silver Lake (Essex County) against Essex County, its state and the nation

Estimate (90% margin of error)
Silver Lake (Essex County)Essex CountyNew JerseyUnited States
Median gross rent$1,448 (±$278)$1,531 (±$19)$1,720 (±$7)$1,413
Rented homes paying rent909 (±279)172,550 (±2,389)1,230,839 (±7,912)42,849,984

In Silver Lake (Essex County), median gross rent is not measurably different from Essex County ($1,531).

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

It is not measurably different from the national figure ($1,413).

In Essex County, Silver Lake (Essex County) ranks 6 of 6 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 165 of 201.

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

How rent in Silver Lake (Essex County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,231 (±$116)$1,448 (±$278)+17.6%No measurable change after inflation
Households that rent67.7% (±8.6 points)59.5% (±12.6 points)−8.2 percentage pointsNot a measurable change
Rental vacancy rate8.1% (±8.1 points)0.0% (±4.8 points)−8.1 percentage pointsNot 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 Silver Lake (Essex County)

Nearest places with a published estimate, compared with Silver Lake (Essex County)
PlaceDistanceMedian gross rentCompared with this place
Silver Lake (Essex County)—$1,448 (±$278)—
Ampere North0.6 mi$1,744 (±$93)Higher
Watsessing1.0 mi$2,026 (±$140)Higher
East Orange1.8 mi$1,441 (±$67)Not measurably different
Bloomfield Township2.0 mi$1,824 (±$58)Higher
Glen Ridge Borough2.0 mi$2,728 (±$736)Higher
East Newark Borough2.2 mi$1,799 (±$218)Not measurably different
Orange2.9 mi$1,550 (±$69)Not measurably different
North Arlington Borough3.0 mi$1,738 (±$54)Higher

Nearby places with a measurably higher figure: Ampere North, NJ ($1,744), Watsessing, NJ ($2,026), Bloomfield Township, NJ ($1,824).

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

Median gross rent across Essex County, place by place

RankPlaceMedian gross rent
1Short Hills$3,126 (±$503)
2Upper Montclair$2,237 (±$398)
3Watsessing$2,026 (±$140)
4Brookdale$1,791 (±$113)
5Ampere North$1,744 (±$93)
6Silver Lake (Essex County)$1,448 (±$278)

Silver Lake (Essex County) is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Belleville Township, whose figures include it.

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 Silver Lake (Essex County)

What is the average rent in Silver Lake (Essex County), NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Silver Lake (Essex County) is $1,448 (±$278) 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 Silver Lake (Essex County)?

In Silver Lake (Essex County), the median gross rent went from $1,231 in 2015–2019 to $1,448 in 2020–2024 (+17.6%).

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 Silver Lake (Essex County) cost more than $2,000 a month?

11.6% of rented homes in Silver Lake (Essex County) have a gross rent of $2,000 or more a month, and 10.1% cost less than $500.

Is rent in Silver Lake (Essex County) higher than in Essex County?

In Silver Lake (Essex County), median gross rent is not measurably different from Essex County ($1,531).

It is not measurably different from 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

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 Silver Lake CDP (Essex County), New Jersey (place:67590, in state:34).

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.

Figures last updated on .

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