Rental market snapshot for Passaic, New Jersey

Passaic, New Jersey Rental Property Market Overview

Passaic, New Jersey is a city located in Passaic County with a population of 69,633 as of 2021, according to the US Census. It is a diverse city with a variety of cultures, cuisines, and attractions. Passaic is home to a variety of parks, museums, and historical sites, as well as a thriving business district. It is also home to a number of educational institutions, including Passaic County Community College. Passaic is a great place to live and work, with plenty of opportunities for growth and development.

The average rent for an apartment in Passaic is $2,009. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Average monthly rent graph in Passaic New Jersey | Cost of Living

  • The most expensive ZIP code in Passaic is 07055 with an average price of $2,055.
  • The cheapest ZIP code in Passaic is 07055 with an average price of $2,055.

Passaic ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
107055$2,055

Live near Passaic, New Jersey's Top Sights and Attractions

Armory Park is a large outdoor space located in Passaic, New Jersey. It features a variety of recreational activities, including a playground, basketball court, and a walking path. The park also has a large grassy area, perfect for picnicking or playing sports. In addition, Armory Park is home to a variety of trees and plants, making it a great spot for nature lovers.

Veterans Memorial Park is a tranquil oasis located in the heart of a bustling urban area. The park features a large open green space, a memorial to honor veterans, and a variety of recreational activities. Visitors can take a leisurely stroll along the winding pathways, relax in the shade of the mature trees, or take part in a game of basketball or tennis. The park also features a playground for children, a picnic area, and a pond with a fountain. The memorial is a beautiful tribute to those who have served in the military, and the park is a great place to spend a peaceful afternoon.

Goffle Brook Park Dog Run is a popular attraction located in Passaic, New Jersey. It is a large, fenced-in area with plenty of room for dogs to run and play. The park also features a separate area for small dogs, and benches and picnic tables for owners to relax and enjoy the outdoors. The park is well-maintained and provides a safe and secure environment for dogs and their owners.

Christopher Columbus Park is a picturesque outdoor space located in Passaic, New Jersey. It features a large pond with a fountain, a gazebo, and plenty of lush green grass. Visitors can enjoy a peaceful stroll along the winding pathways, or take a break and relax on one of the many benches scattered throughout the park. There are also plenty of trees and shrubs, providing a natural habitat for birds and other wildlife. The park is a great spot for a picnic, or to simply take in the beauty of nature.

Pulaski Park is a popular outdoor attraction in Passaic, New Jersey. It is a large park with plenty of green space, perfect for picnics, sports, and other outdoor activities. The park also features a playground, a basketball court, a baseball field, and a walking path. There is also a pond with a fountain, making it a great spot for fishing and bird watching. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

1. 3rd Ward Memorial Park is a lush green oasis in the heart of the city. It features a large pond, walking trails, and plenty of benches and picnic tables for visitors to enjoy.

2. The park is home to a variety of wildlife, including ducks, geese, and other birds. It also has a playground for children and a basketball court.

3. The park is a popular spot for outdoor activities such as fishing, jogging, and biking. It also hosts a variety of events throughout the year, including concerts, festivals, and movie screenings.

The Slovak Catholic Sokol Museum is a unique attraction in Passaic, New Jersey that celebrates the history and culture of Slovak immigrants in the United States. The museum features a variety of artifacts, photographs, and documents that tell the story of the Slovak people and their journey to America. Visitors can explore the museum's exhibits, which include traditional Slovak clothing, furniture, and artwork, as well as a library of books and magazines about Slovak culture. The museum also hosts special events throughout the year, such as lectures, concerts, and film screenings.

Passaic, New Jersey area median rent change by ZIP code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Passaic compare to other cities in New Jersey?

citymedian price
Barrington$3,250
Riverdale$3,133
Hamiltonship$2,917
Englewood$2,795
Glassboro$2,600
Flemington$2,600
Franklin Park$2,575
Belmar$2,300
Highland Park$2,298

Average household income in Passaic area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Passaic in 2021 was $49,436. This represents a 58.1% change from 2011 when the median was $31,266.

#categorypercent
0Less than $10,0007.5%
1$10,000 to $14,9996.9%
2$15,000 to $19,9997.2%
3$20,000 to $24,9996.3%
4$25,000 to $29,9996.9%
5$30,000 to $34,9994.9%
6$35,000 to $39,9995.9%
7$40,000 to $44,9994.5%
8$45,000 to $49,9994.2%
9$50,000 to $59,9998.6%
10$60,000 to $74,9999.5%
11$75,000 to $99,9999.5%
12$100,000 to $124,9997.9%
13$125,000 to $149,9993.1%
14$150,000 to $199,9993.7%
15$200,000 or more3.4%

Neighborhoods in Passaic

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Passaic is $2,009.
Made withDataherald