Average Rent in Bergen-Passaic, NJ
The Fair Market Rent for a 2-bedroom in Bergen-Passaic, NJ is $2,324 per month, based on HUD data. With a median household income of $97,334, a household would spend 28.7% of income on housing at Fair Market Rent. Rent has increased 22.8% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,778 |
| 1 Bedroom | $2,024 |
| 2 Bedroom | $2,324 |
| 3 Bedroom | $2,835 |
| 4 Bedroom | $3,618 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $97,334 |
| Rent Burden (2BR FMR / Income) | 28.7% |
| Income Needed for 2BR (30% rule) | $92,960/yr |