Rental market snapshot for Elmwood Park, New Jersey

Elmwood Park, New Jersey Rental Property Market Overview

Elmwood Park, New Jersey is a borough located in Bergen County with a population of 21,267 as of 2021, according to the US Census. It is a suburban community with a variety of amenities, including parks, schools, and shopping centers. Elmwood Park is known for its diverse population and vibrant culture, and it is home to a variety of restaurants, bars, and other attractions. The borough is also home to a number of historic sites, including the Elmwood Park Zoo and the Elmwood Park Memorial Library.

The average rent for an apartment in Elmwood Park is $2,687. 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

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Average monthly rent graph in Elmwood Park New Jersey | Cost of Living

  • The most expensive ZIP code in Elmwood Park is 07407 with an average price of $2,516.
  • The cheapest ZIP code in Elmwood Park is 07407 with an average price of $2,516.

Elmwood Park ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
107407$2,516

Live near Elmwood Park, New Jersey's Top Sights and Attractions

Artesian Wellfield Park is a beautiful outdoor attraction located in northern New Jersey. It features a large lake surrounded by lush greenery and a variety of wildlife. Visitors can enjoy a variety of activities such as fishing, boating, and bird watching. The park also features a playground, picnic areas, and a walking path. Artesian Wellfield Park is a great place to relax and enjoy nature.

Borough Park is a popular outdoor recreational area located in Elmwood Park, New Jersey. It features a variety of activities for visitors of all ages, including a playground, basketball courts, a walking path, and a picnic area. The park also has a large pond with a fishing pier, a gazebo, and a pavilion for special events. The park is surrounded by lush trees and shrubs, providing a tranquil and peaceful atmosphere.

English Avenue Park is a great outdoor destination for people of all ages. It features a playground, basketball court, picnic area, and a walking path. The park also has a large pond that is home to a variety of wildlife, including ducks, geese, and turtles. The park is well-maintained and provides a peaceful and tranquil atmosphere for visitors to enjoy.

Cherry Hill Park is a beautiful outdoor destination located in Elmwood Park, New Jersey. It features a large lake, walking trails, and a variety of recreational activities. Visitors can enjoy fishing, boating, and picnicking in the park. There are also playgrounds, a basketball court, and a skate park. The park is surrounded by lush greenery and provides a peaceful and tranquil atmosphere for visitors to relax and enjoy nature.

Gall Avenue Park is a beautiful outdoor recreation area located in the heart of a residential neighborhood. It features a large playground with swings, slides, and climbing structures, as well as a basketball court, a baseball field, and a walking path. The park also has a picnic area with tables and benches, and plenty of open space for running and playing. The park is well-maintained and provides a great place for families to spend time together.

Rosemont Park is a popular outdoor destination located in a quiet suburban area. It features a large lake with a walking path, a playground, and plenty of open space for picnics and other activities. There are also several sports fields, including baseball, soccer, and basketball, as well as a skate park. The park is surrounded by lush trees and greenery, making it a great spot for a peaceful stroll or a fun day out with the family.

Birchwood Park is a beautiful outdoor space located in Elmwood Park, New Jersey. It features a large lake, a playground, and plenty of picnic areas. There are also plenty of walking and biking trails, as well as a disc golf course. The park is well-maintained and has plenty of trees and wildlife to observe. It's a great place to spend a day outdoors with family and friends.

Elmwood Park is a popular destination for outdoor recreation, offering a variety of activities for visitors of all ages. The park features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields. There are also several pavilions and gazebos available for rent, perfect for hosting special events. The park also offers a variety of educational programs, such as nature walks and bird watching. Visitors can also enjoy fishing, boating, and swimming in the lake.

Garden Drive Park is a beautiful outdoor space located in the heart of a bustling suburban area. It features lush green lawns, winding pathways, and a tranquil pond with a fountain. The park also has a playground for children, a gazebo, and plenty of benches for visitors to relax and take in the scenery. There are also plenty of trees and shrubs to provide shade and a peaceful atmosphere. Garden Drive Park is the perfect place to spend a day with family and friends, or to just take a peaceful stroll and enjoy the beauty of nature.

River Drive Dog Park is a large, off-leash dog park located in a beautiful, wooded area. It features a large, fenced-in area with plenty of room for dogs to run and play, as well as benches and picnic tables for owners to relax and enjoy the scenery. The park also has a separate area for small dogs, as well as a pond for dogs to cool off in. There is plenty of parking and the park is open year-round.

Elmwood Park, New Jersey area median rent change by ZIP code map

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How does Elmwood Park compare to other cities in New Jersey?

citymedian price
Hamiltonship$2,917
Woodbridge$2,700
Belle Mead$2,695
Hightstown$1,920
Hillsideship$1,795
Pennsaukenship$1,792
Somers Point$1,625
Blackwood$1,500

Average household income in Elmwood Park area graph - US Census

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The median household income in Elmwood Park in 2021 was $75,091. This represents a 10.9% change from 2011 when the median was $67,701.

#categorypercent
0Less than $10,0005.6%
1$10,000 to $14,9992.2%
2$15,000 to $19,9994.9%
3$20,000 to $24,9992.3%
4$25,000 to $29,9994.7%
5$30,000 to $34,9993.4%
6$35,000 to $39,9994.0%
7$40,000 to $44,9991.8%
8$45,000 to $49,9992.5%
9$50,000 to $59,9998.2%
10$60,000 to $74,9999.1%
11$75,000 to $99,99915.3%
12$100,000 to $124,99911.6%
13$125,000 to $149,9999.6%
14$150,000 to $199,9998.0%
15$200,000 or more6.8%

Neighborhoods in Elmwood Park

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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.

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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 Elmwood Park is $2,687.
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