What is the median rent in Tenafly Borough, NJ?
The median gross rent in Tenafly Borough, NJ is $3,500 or more a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,368 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
Figures last updated on .
- Median gross rent
- $3,500 or more
- Rented homes
- 1,368 (±250)
- $2,000 or more
- 92.3%
How much rent costs in Tenafly Borough
| Monthly gross rent | Tenafly Borough | Bergen County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±3.2 points) | 3.4% | 6.1% | 6.3% |
| $500 to $999 | 1.7% (±2.8 points) | 3.9% | 7.9% | 20.2% |
| $1,000 to $1,499 | 0.7% (±1.1 points) | 16.0% | 23.5% | 28.1% |
| $1,500 to $1,999 | 5.4% (±5.7 points) | 32.3% | 28.5% | 21.1% |
| $2,000 to $2,499 | 23.9% (±11.3 points) | 19.3% | 17.2% | 12.0% |
| $2,500 to $2,999 | 11.7% (±6.9 points) | 10.7% | 7.9% | 5.5% |
| $3,000 or more | 56.7% (±12.9 points) | 14.4% | 8.9% | 6.8% |
The most common range is $3,000 or more, paid by 56.7% of renting households.
92.3% of rented homes in Tenafly Borough cost $2,000 or more a month.
Tenafly Borough against Bergen County, its state and the nation
| Tenafly Borough | Bergen County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $3,500 or more | $1,914 (±$21) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 1,368 (±250) | 119,185 (±2,551) | 1,230,839 (±7,912) | 42,849,984 |
How rent in Tenafly Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 22.0% (±4.4 points) | 28.3% (±4.8 points) | +6.3 percentage points | Not a measurable change |
| Rental vacancy rate | 6.7% (±7.1 points) | 0.0% (±3.0 points) | −6.7 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 Tenafly Borough
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Tenafly Borough | — | $3,500 or more | — |
| Cresskill Borough | 1.6 mi | $2,599 (±$1,033) | — |
| Englewood | 2.2 mi | $1,977 (±$144) | — |
| Englewood Cliffs Borough | 2.3 mi | $3,500 or more | — |
| Demarest Borough | 2.5 mi | $3,500 or more | — |
| Bergenfield Borough | 2.5 mi | $1,752 (±$83) | — |
| Dumont Borough | 2.9 mi | $1,787 (±$83) | — |
| Teaneck Township | 3.7 mi | $1,832 (±$108) | — |
| New Milford Borough | 3.8 mi | $1,765 (±$44) | — |
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 |
|---|---|---|
| 1 (tie) | Demarest Borough | $3,500 or more |
| 1 (tie) | Englewood Cliffs Borough | $3,500 or more |
| 1 (tie) | Haworth Borough | $3,500 or more |
| 1 (tie) | Old Tappan Borough | $3,500 or more |
| 1 (tie) | Rockleigh Borough | $3,500 or more |
| 1 (tie) | Tenafly Borough | $3,500 or more |
| 1 (tie) | Upper Saddle River Borough | $3,500 or more |
| 8 | Waldwick Borough | $3,446 (±$451) |
| 9 | Franklin Lakes Borough | $3,230 (±$207) |
| 10 | Paramus Borough | $3,032 (±$340) |
| 11 | Ho-Ho-Kus Borough | $2,857 (±$1,505) |
| 12 | Alpine Borough | $2,750 (±$1,633) |
Showing 12 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 Tenafly Borough
What is the average rent in Tenafly Borough, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Tenafly Borough is $3,500 or more a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many rentals in Tenafly Borough cost more than $2,000 a month?
92.3% of rented homes in Tenafly Borough have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
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 — Tenafly borough, Bergen County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Tenafly borough, Bergen County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Tenafly 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 Tenafly borough, Bergen County, New Jersey (county subdivision:72420, 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 .
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- New Jersey landlord and tenant rules
- Housing across Bergen County
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