City Report · NJ

Cresskill

Pop. 9,174·2nd most expensive in New Jersey·Rents have been falling, good time to negotiate
Median rent (all units)
$5,380/mo
Year-over-Year
Stable
Month-over-Month
-19.3%
vs US Median
+$3,418
Falling (Monthly)
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Most AffordableMost Expensive
Cresskill · $5,380
More expensive than 99% of US cities · National median $1,962/mo
Affordability
38% of income
MODERATE
0%30% benchmark60%+

At $5,380/mo, rent takes about 38% of the local median household income, slightly above the 30% benchmark.

Income to afford
$215,000/yr
Local median income
$170,376/yr
Based on the 30%-of-income rule using Cresskill's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,340
1 BR
$2,710
2 BR
$3,110
3 BR
$3,830
4 BR+
$4,840
Fair Market Rent (HUD)
$3,110/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $5,380 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$64,560/yr
At $5,380/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -19.3% MoM), not inventory.
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Demographics

Who lives here

Cresskill, NJ is majority owner-occupied, has a median income above the national average, 60.7% of residents hold a bachelor's degree or higher.

Population
9,174
Median income
$170,376
Median age
44.8
Renters
21.9%
Age distribution
24.7%
13.3%
28.4%
14.9%
18.8%
Under 1824.7%
18–3413.3%
35–5428.4%
55–6414.9%
65+18.8%
Gender
44.4%
55.6%
Male44.4%
Female55.6%
Race & ethnicity
59.1%
29.3%
White59.1%
Black2.1%
Hispanic11.5%
Asian29.3%
Education (25+)
15.9%
18.5%
60.7%
No HS diploma4.8%
HS diploma15.9%
Some college18.5%
Bachelor's+60.7%
Housing tenure
78.1%
21.9%
Owner78.1%
Renter21.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Cresskill, NJ has changed in 5 years

Income
$155,515 → $170,376
up 9.6%
Population
9,096 → 9,174
up 0.9%
Renter share
16.8% → 21.9%
+5.1 pts
Bachelor's+
60.9% → 60.7%
-0.2 pts

Local incomes tracked alongside that move, going from a median of $155,515 in 2021 to $170,376 more recently. The renter share has risen from 16.8% to 21.9%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Cresskill

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View Cresskill rent history (2015–2026) →
Salary vs rent

Can you afford rent in Cresskill on your salary?

At $5,380/mo, how Cresskill rent compares to typical pay (30% rule).

By apartment size

Cresskill rent by bedroom count

Median rent for each apartment size in Cresskill. Click any size for full breakdown.

Local insights

Tips for renters in Cresskill

About renting in Cresskill, NJ

Last updated: August 17, 2026

The median rent in Cresskill is $5,380/mo as of August 2026. A studio apartment averages $2,340/mo while a 2-bedroom runs $3,110/mo. One-bedroom apartments average $2,710/mo and 3-bedroom units go for $3,830/mo.

At 38% of local median household income ($170,376/yr), Cresskill ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Cresskill an affordable city for renters?

Cresskill is considered moderate for renters. At $5,380/mo, rent takes approximately 38% of the local median household income ($170,376/yr). The standard benchmark is 30%. Cresskill slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Cresskill?

To keep rent at or below 30% of gross income, you would need to earn at least $215,000/year (~$103/hour full-time) to afford the median rent of $5,380/mo in Cresskill. The local median household income is $170,376/yr, meaning the typical Cresskill household falls short of that threshold.

Is rent going up or down in Cresskill?

Rent in Cresskill has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Cresskill rent compare to other cities in New Jersey?

Cresskill is one of the pricier cities in New Jersey for rent, ranking #2 out of 183 tracked cities at $5,380/mo.

Which nearby cities are cheaper to rent in than Cresskill?

Several nearby cities have lower median rents than Cresskill ($5,380/mo): Leonia ($2,550/mo), Englewood ($2,836/mo), Teaneck ($2,934/mo).

What percentage of Cresskill residents rent vs. own?

According to Census data, approximately 21.9% of Cresskill households are renters, while 78.1% are owner-occupied. Cresskill leans toward homeownership, which can mean a smaller rental inventory.

How does Cresskill rent compare to the national average?

Cresskill's median rent of $5,380/mo is $3,418 (174%) above the US national median of $1,962/mo. Within New Jersey, it ranks #2 out of 183 tracked cities.
Income Affordability
38%
MODERATE

At $5,380/mo, rent takes ~38% of Cresskill's median household income ($170,376/yr). The standard benchmark is 30%.

Cresskill 38%Benchmark 30%
State income tax1.4–10.75%
Run the Cresskill affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Cresskill, NJ

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