Average Rent in Elmwood Park, NJ
1 apartment buildings, 37 units. Real asking prices, refreshed daily.
Avg Rent
$2,408/mo
Cheapest
$2,070/mo
Properties
1
Units
37
Analysis
Rent Price Breakdown
Compare pricing across all 1 properties in Elmwood Park, NJ.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Elmwood Park, NJ Rent Prices
All 1 properties ranked by lowest available rent.
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Elmwood Village Apartment Homes 24 Mola Blvd, Elmwood Park, NJ 07407, USA | $2,070 | $2,408 | $3.38 | 3.4 (269) | 37 |
Explore Each Property
Elmwood Park, NJ Average Rent Prices 2026
The average rent in Elmwood Park, NJ is $2,408 per month, based on 37 units across 1 apartment communities. Prices range from $2,070 at Elmwood Village Apartment Homes to $2,070 at Elmwood Village Apartment Homes.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $2,265/mo | $2,070/mo | 13 |
| 2 Bed | $2,448/mo | $2,195/mo | 23 |
| 3 Bed | $3,370/mo | $3,370/mo | 1 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Elmwood Park, NJ, and what they pay
Tracked one-bedroom rent in Elmwood Park, NJ averages $2,265/mo, with two-bedroom units averaging $2,448/mo. At the local median household income of $100,852, that works out to 29% of gross income, near the 30 percent affordability ceiling.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Elmwood Park, NJ at $2,025/mo. The current tracked market average runs 19% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Elmwood Park, NJ while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Elmwood Park, NJ?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$96,000/year
30 percent rule -- using our average rent of $2,408/mo.
Comfortable income
$116,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,070/mo), you need to earn at least $83,000/year.
Median household income in Elmwood Park, NJ is $100,852 , about 13% below the comfortable-living threshold.
Cost of living in Elmwood Park, NJ
Overall prices in Elmwood Park, NJ runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Elmwood Park, NJ's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,408 |
| Utilities | $644 |
| Groceries | $585 |
| Transportation | $1,534 |
| Healthcare | $748 |
| Other goods and services | $1,197 |
| Estimated total | $7,116/mo |
Population
21,287
Median household income
$100,852
Census median rent
$2,025/mo
Rent as % of income
30.3%
Median age
39.9
Mean commute
27 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in New Jersey
How Elmwood Park, NJ rent compares to other markets in the state.
| City | Avg Rent | vs Elmwood Park, NJ | Properties |
|---|---|---|---|
| Elizabeth, NJ | $2,716 | +13% | 6 |
| Paterson, NJ | $3,421 | +42% | 5 |
Frequently asked questions
What is the average rent in Elmwood Park, NJ?
The average rent in Elmwood Park, NJ is $2,408 per month, based on 37 units across 1 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Elmwood Park, NJ?
The lowest available rent in Elmwood Park, NJ starts at $2,070 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in Elmwood Park, NJ?
1-bedroom apartments in Elmwood Park, NJ average $2,265/mo. The lowest listed 1-bedroom starts at $2,070/mo across 13 units tracked.
How much is a 2-bedroom apartment in Elmwood Park, NJ?
2-bedroom apartments in Elmwood Park, NJ average $2,448/mo. Units start from $2,195/mo across 23 units currently listed.
Rent Trends in Elmwood Park, NJ
Track how apartment prices are changing over time.
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