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Average Rent in Passaic, NJ & Rent Trends

Rent prices and market trends across 4 apartment communities in Passaic, NJ. Updated daily.

Market Average

$2,771/mo

Lowest Available

$1,649/mo

cheapest unit on market

Communities

4

tracked daily

Units Listed

16

available now

Rent by Neighborhood in Passaic, NJ

Compare average rent across Passaic, NJ neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent From Properties Units
Passaic 07073 $3,587 $2,921 1 7
Passaic 07601 $2,269 $1,900 2 7
Passaic 07055 $1,674 $1,649 1 2

Is Rent Going Up or Down in Passaic, NJ?

As of June 2026, the average rent in Passaic, NJ is $2,771 per month across 4 apartment communities and 16 available units.

The most affordable option is Lexington Gardens Apartments starting at $1,649/mo. By unit type, a studio averages $1,992/mo, a 1-bedroom averages $2,323/mo, a 2-bedroom averages $3,683/mo.

Prices range from $1,649 to $4,070 per month. The most common price point is the $2,800 range, where 3 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Passaic, NJ

Studio
$1,992
from $1,900 · 3 units
1 Bed
$2,323
from $1,649 · 7 units
2 Bed
$3,683
from $2,850 · 6 units

Rent Prices by Apartment in Passaic, NJ

Property Starting at Average Units Rating
Lexington Gardens Apartments $1,649/mo $1,674/mo 2 4.5
The Ivanhoe $1,900/mo $2,279/mo 6 3.7
140 Prospect $2,205/mo $2,205/mo 1 3.8
Rutherford Station Apartments $2,921/mo $3,587/mo 7 4.4

Frequently Asked Questions About Rent in Passaic, NJ

What is the average rent in Passaic, NJ?

The average rent in Passaic, NJ is $2,771 per month as of June 2026, based on 16 units across 4 apartment communities.

Is rent going up or down in Passaic, NJ?

The current average rent in Passaic, NJ is $2,771/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Passaic, NJ?

The most affordable apartment in Passaic, NJ is Lexington Gardens Apartments with units starting at $1,649/mo.

How much is a 1-bedroom apartment in Passaic, NJ?

A 1-bedroom apartment in Passaic, NJ averages $2,323/mo, with prices starting at $1,649/mo across 7 available units.

How many apartments are available in Passaic, NJ?

There are 16 units available across 4 apartment communities in Passaic, NJ.

What salary do I need to live comfortably in Passaic, 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

$111,000/year

Based on the 30 percent rule, using our tracked average rent of $2,771/mo.

Comfortable income

$133,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,649/mo), you need to earn at least $66,000/year.

Median household income in Passaic, NJ is $56,780 , about 57% below the comfortable-living threshold.

Cost of living in Passaic, NJ

Overall prices in Passaic, 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 Passaic, NJ's regional price parities.

Category Monthly estimate
Rent (market average) $2,771
Utilities $644
Groceries $585
Transportation $1,534
Healthcare $748
Other goods and services $1,197
Estimated total $7,479/mo

Population

69,651

Median household income

$56,780

Census median rent

$1,392/mo

Rent as % of income

33.5%

Median age

30.9

Mean commute

26 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.

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