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
| Monthly gross rent | Wanaque Borough | Passaic County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 4.1% (±4.2 points) | 7.1% | 6.1% | 6.3% |
| $500 to $999 | 2.9% (±3.7 points) | 7.9% | 7.9% | 20.2% |
| $1,000 to $1,499 | 27.3% (±15.3 points) | 26.5% | 23.5% | 28.1% |
| $1,500 to $1,999 | 28.3% (±12.2 points) | 35.2% | 28.5% | 21.1% |
| $2,000 to $2,499 | 25.5% (±17.9 points) | 16.1% | 17.2% | 12.0% |
| $2,500 to $2,999 | 1.9% (±2.5 points) | 4.4% | 7.9% | 5.5% |
| $3,000 or more | 10.1% (±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
| Wanaque Borough | Passaic County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $1,778 (±$248) | $1,621 (±$17) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 934 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,595 (±$126) | $1,778 (±$248) | +11.5% | No measurable change after inflation |
| Households that rent | 17.9% (±4.0 points) | 21.9% (±6.0 points) | +4.0 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±4.6 points) | 0.0% (±4.5 points) | 0.0 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 Wanaque Borough
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Wanaque Borough | — | $1,778 (±$248) | — |
| Bloomingdale Borough | 2.5 mi | $1,753 (±$81) | Not measurably different |
| Oakland Borough | 2.6 mi | $1,383 (±$193) | Lower |
| Pompton Lakes Borough | 2.7 mi | $1,845 (±$189) | Not measurably different |
| Riverdale Borough | 3.5 mi | $2,424 (±$329) | Higher |
| Butler Borough | 4.3 mi | $1,599 (±$133) | Not measurably different |
| Ringwood Borough | 4.3 mi | $1,750 (±$1,271) | Not measurably different |
| Macopin | 4.9 mi | $1,917 (±$643) | Not measurably different |
| Franklin Lakes Borough | 5.0 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
| Rank | Place | Median gross rent |
|---|---|---|
| 2 | Wayne Township | $2,164 (±$86) |
| 3 | Totowa Borough | $2,072 (±$597) |
| 4 | Pompton Lakes Borough | $1,845 (±$189) |
| 5 | Little Falls Township | $1,843 (±$120) |
| 6 | Woodland Park Borough | $1,839 (±$82) |
| 7 | Hawthorne Borough | $1,830 (±$69) |
| 8 | Wanaque Borough | $1,778 (±$248) |
| 9 | Bloomingdale Borough | $1,753 (±$81) |
| 10 (tie) | Haledon Borough | $1,750 (±$143) |
| 10 (tie) | Ringwood Borough | $1,750 (±$1,271) |
| 12 | West Milford Township | $1,737 (±$198) |
| 13 | Clifton | $1,711 (±$53) |
| 14 | Prospect 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wanaque borough, Passaic County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wanaque borough, Passaic County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Wanaque borough, Passaic 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 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.
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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- Fair Market Rent in Wanaque Borough
- New Jersey landlord and tenant rules
- Housing across Passaic County
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- Housing data for every place in New Jersey