RentData

Average Rent in Bergen, NJ↓ Rents falling 1.8% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 19,756,722

Data review: HUD FY2027Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Bergen, NJ has rental prices ranging from $1,772/month to $3,497/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,987/month — 42% above the national average of $1,400/month. With a median household income of $97,334/year, spending $1,987/month on a 1-bedroom represents 24% of gross income — within the recommended 30% threshold.

How Bergen Compares

With an average 2-bedroom rent of $2,282/month, Bergen ranks #4 most expensive of the 11 cities tracked in New Jersey — pricier than 98% of all US cities in our data.

The Bergen Rental Market

The Bergen, NJ area has a population of about 19,756,722 and 49% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.

Rent Trends

2-bedroom rents in Bergen, NJ have fallen by $42/month (1.8%) over the past year, from $2,324 to $2,282. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Bergen, NJ without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $79,480. The local median household income of $97,334 exceeds that threshold by $17,854, making Bergen relatively accessible compared to local wages.

Fair Market Rents

HUD FY2027
Studio
$1,772
Affordable
1 Bedroom
$1,987
Affordable
2 Bedrooms
$2,282
↓1.8% YoY
Affordable
3 Bedrooms
$2,771
Average
4 Bedrooms
$3,497
Expensive
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Is Bergen, NJ Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$91,280/year
Local median income: $97,334
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $2,282/month and 20% down on a — home at 7% rate.

Nearby Cities in NJlargest metros in the state

CityStudio1BR2BR3BRHome Value
Newark$1,637$1,850$2,233$2,785—
Monmouth$1,671$1,847$2,283$2,927—
Middlesex$1,953$2,103$2,623$3,125—
Jersey City$2,462$2,514$2,792$3,392—
Warren County$1,614$1,624$2,021$2,478—
Trenton$1,561$1,764$2,242$2,741—

Rent or Buy in Bergen?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Bergen data

$
Home Value
$350,000
2BR Rent
$2,282/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $2,282/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Bergen

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🏘️Neighborhoods in Bergen

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💵Rent Affordability in Bergen

Salary needed to afford rent here

🗺️All Cities in NJ

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📋NJ Tenant Rights

Deposit limits, eviction laws & renters protections