What is the median rent in Wanaque Borough, NJ?

The median gross rent in Wanaque Borough, NJ is $1,778 (±$248) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 934 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Wanaque Borough, the median gross rent went from $1,595 in 2015–2019 to $1,778 in 2020–2024 (+11.5%).

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
$1,778 (±$248)
Rented homes
934 (±263)
$2,000 or more
37.5%
Since 2015–2019
+11.5%

How much rent costs in Wanaque Borough

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentWanaque BoroughPassaic CountyNew JerseyUnited States
Less than $5004.1% (±4.2 points)7.1%6.1%6.3%
$500 to $9992.9% (±3.7 points)7.9%7.9%20.2%
$1,000 to $1,49927.3% (±15.3 points)26.5%23.5%28.1%
$1,500 to $1,99928.3% (±12.2 points)35.2%28.5%21.1%
$2,000 to $2,49925.5% (±17.9 points)16.1%17.2%12.0%
$2,500 to $2,9991.9% (±2.5 points)4.4%7.9%5.5%
$3,000 or more10.1% (±7.8 points)2.9%8.9%6.8%

The most common range is $1,500 to $1,999, paid by 28.3% of renting households.

37.5% of rented homes in Wanaque Borough cost $2,000 or more a month.

Wanaque Borough against Passaic County, its state and the nation

Estimate (90% margin of error)
Wanaque BoroughPassaic CountyNew JerseyUnited States
Median gross rent$1,778 (±$248)$1,621 (±$17)$1,720 (±$7)$1,413
Rented homes paying rent934 (±263)81,553 (±1,433)1,230,839 (±7,912)42,849,984

In Wanaque Borough, median gross rent is not measurably different from Passaic County ($1,621).

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

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

In Passaic County, Wanaque Borough ranks 8 of 16 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 264 of 548.

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

How rent in Wanaque Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,595 (±$126)$1,778 (±$248)+11.5%No measurable change after inflation
Households that rent17.9% (±4.0 points)21.9% (±6.0 points)+4.0 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±4.6 points)0.0% (±4.5 points)0.0 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 Wanaque Borough

Nearest places with a published estimate, compared with Wanaque Borough
PlaceDistanceMedian gross rentCompared with this place
Wanaque Borough—$1,778 (±$248)—
Bloomingdale Borough2.5 mi$1,753 (±$81)Not measurably different
Oakland Borough2.6 mi$1,383 (±$193)Lower
Pompton Lakes Borough2.7 mi$1,845 (±$189)Not measurably different
Riverdale Borough3.5 mi$2,424 (±$329)Higher
Butler Borough4.3 mi$1,599 (±$133)Not measurably different
Ringwood Borough4.3 mi$1,750 (±$1,271)Not measurably different
Macopin4.9 mi$1,917 (±$643)Not measurably different
Franklin Lakes Borough5.0 mi$3,230 (±$207)Higher

Nearby places with a measurably lower figure: Oakland Borough, NJ ($1,383).

Nearby places with a measurably higher figure: Riverdale Borough, NJ ($2,424), Franklin Lakes Borough, NJ ($3,230).

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

Median gross rent across Passaic County, place by place

RankPlaceMedian gross rent
2Wayne Township$2,164 (±$86)
3Totowa Borough$2,072 (±$597)
4Pompton Lakes Borough$1,845 (±$189)
5Little Falls Township$1,843 (±$120)
6Woodland Park Borough$1,839 (±$82)
7Hawthorne Borough$1,830 (±$69)
8Wanaque Borough$1,778 (±$248)
9Bloomingdale Borough$1,753 (±$81)
10 (tie)Haledon Borough$1,750 (±$143)
10 (tie)Ringwood Borough$1,750 (±$1,271)
12West Milford Township$1,737 (±$198)
13Clifton$1,711 (±$53)
14Prospect Park Borough$1,647 (±$165)

Showing 13 of 16 places in Passaic 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 Wanaque Borough

What is the average rent in Wanaque Borough, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Wanaque Borough is $1,778 (±$248) 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 Wanaque Borough?

In Wanaque Borough, the median gross rent went from $1,595 in 2015–2019 to $1,778 in 2020–2024 (+11.5%).

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 Wanaque Borough cost more than $2,000 a month?

37.5% of rented homes in Wanaque Borough have a gross rent of $2,000 or more a month, and 4.1% cost less than $500.

Is rent in Wanaque Borough higher than in Passaic County?

In Wanaque Borough, median gross rent is not measurably different from Passaic County ($1,621).

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 Wanaque borough, Passaic County, New Jersey (county subdivision:76730, in state:34 county:031).

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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