Rents are right about where Edgewater's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,628 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
April. Asking rents in Edgewater usually run 0.7% below trend in April and 0.5% above it in June, about $44 a month apart at today's median. Based on 7 years of data.
Rent in Edgewater is at its highest level since Zillow's records here began in October 2017.
Rent in Edgewater changed +4.6% over the year to September 2026. Across the 121 New Jersey cities Zillow tracks, the typical change was +3.1%.
From 2019 to 2024, rent in Edgewater rose 28.7% while median household income rose -2.5% ($127,221 to $124,050). Rent outpaced income.
Rent in Edgewater is 41.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 9 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($124,050) is $3,101 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,710); a 2-bedroom is $3,110.
Cliffside Park, 1 mile away, rents for 16% less ($3,041/mo), about $7,000 a year in savings.
From Zillow's monthly rent index (ZORI) for Edgewater. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Is your rent fair?
Compare your rent to the local median.
Who lives here
Edgewater, NJ is majority renter-occupied, has a median income above the national average, 72.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Edgewater, NJ has changed in 5 years
Compared with 2021, rent in Edgewater, NJ has climbed by $1,031 per month, settling near $3,628 after starting the period at $2,597. On the earnings side, the typical household in Edgewater, NJ now reports about $124,050, up from $126,483 in 2021. Rent outpaced income growth by roughly 41.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 14,234 to 14,759 between 2021 and 2024, a 3.7% change. About 60.2% of households rent today, against 58% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Edgewater, NJ reflects that arc in its own way.
Discussions about Edgewater
No discussions yet. Start the conversation.
Can you afford rent in Edgewater on your salary?
At $3,628/mo, how Edgewater rent compares to typical pay (30% rule).
Edgewater rent by bedroom count
Median rent for each apartment size in Edgewater. Click any size for full breakdown.
Tips for renters in Edgewater
Last updated: October 17, 2026
The median rent in Edgewater is $3,628/mo as of October 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 35% of local median household income ($124,050/yr), Edgewater ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.6% over the past year.
Frequently asked questions
How much income do you need to rent in Edgewater?
Is rent going up or down in Edgewater?
When is the cheapest time to rent in Edgewater?
Has rent outpaced income in Edgewater?
How does Edgewater rent compare to other cities in New Jersey?
Which nearby cities are cheaper to rent in than Edgewater?
At $3,628/mo, rent takes ~35% of Edgewater's median household income ($124,050/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Edgewater.
No discussions yet.