Rental market snapshot for Passaic, New Jersey

Passaic, New Jersey Rental Property Market Overview

The average rent for an apartment in Passaic is $1,686. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -4.5% over the past year.

Passaic is a city in New Jersey. It is located in the northern part of the state, about 20 miles from New York City. The city has a population of about 70,000 people. The city is known for its diverse population, and for its manufacturing industries.

Last Updated December 23, 2022

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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 $2,200
  • The cheapest ZIP Code in Passaic is 07055 with an average price of $1,300

Passaic ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
107055$2,200

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

Armory Park is a large park with a playground, a basketball court, and a picnic area. The park also has a large pond, which is popular with fishing and birdwatching.

The park has a playground, a basketball court, a picnic area, and a walking path.

Goffle Brook Park Dog Run is a fenced-in dog park where dogs can run and play off-leash. The park also has a playground, picnic tables, and a walking trail.

Christopher Columbus Park is a public park located in Passaic, New Jersey. The park covers an area of approximately 10 acres and features a playground, picnic area, basketball court, and walking trails.

Pulaski Park is a small, urban park located in the center of the city. The park is home to a playground, a basketball court, and a small pond. The pond is stocked with fish and is a popular spot for fishing.

The 3Rd Ward Memorial Park is a beautiful park located in Passaic, New Jersey. The park features a variety of amenities including a playground, picnic area, walking trails, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and squirrels.

The Slovak Catholic Sokol Museum is a small museum located in Passaic, New Jersey. The museum is dedicated to the history and culture of the Slovak people. The museum has a small collection of Slovak artifacts, as well as a library of Slovak books and documents.

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

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How does Passaic compare to other cities in New Jersey ?

citymedian price
Lyndhurst$2,636
Fort Lee$2,800
Franklin Park$2,575
Trenton$1,500
Dover$1,925
Roxbury Township$1,695
Flanders$1,735

Average household income in Passaic area graph - US Census

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The median household income in Passaic in 2021 was $44,779. This represents a 47.5% change from 2011 when the median was $30,363.

#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%

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.
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