City Report · NJ

Englewood

Pop. 29,638·61st most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$2,836/mo
Year-over-Year
+2.0%
Month-over-Month
-2.8%
vs US Median
+$874
Falling (Monthly)
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Most AffordableMost Expensive
Englewood · $2,836
More expensive than 87% of US cities · National median $1,962/mo
Rent Reality Score
58/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Englewood's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,836/mo
Expected by trend
$2,957/mo
The Rent Reality Score compares today's median rent to where Englewood's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,730
1 BR
$2,010
2 BR
$2,310
3 BR
$2,840
4 BR+
$3,600
Fair Market Rent (HUD)
$2,310/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,836 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
$34,032/yr
At $2,836/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 2.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+2.0% YoY, -2.8% MoM), not inventory.
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Demographics

Who lives here

Englewood, NJ is roughly split between renters and owners, has a median income above the national average, 46.5% of residents hold a bachelor's degree or higher.

Population
29,638
Median income
$102,571
Median age
41.5
Renters
45.5%
Age distribution
22.4%
19.9%
25.7%
13.1%
18.9%
Under 1822.4%
18–3419.9%
35–5425.7%
55–6413.1%
65+18.9%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
32.2%
20.4%
33.5%
14.9%
White32.2%
Black20.4%
Hispanic33.5%
Asian14.9%
Education (25+)
21.2%
23.6%
46.5%
No HS diploma8.6%
HS diploma21.2%
Some college23.6%
Bachelor's+46.5%
Housing tenure
54.5%
45.5%
Owner54.5%
Renter45.5%

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

2022 vs 2026

How Englewood, NJ has changed in 5 years

Rent
$2,640 → $2,836
up 7.4%
Income
$91,164 → $102,571
up 12.5%
Population
29,129 → 29,638
up 1.7%
Renter share
46.4% → 45.5%
-0.9 pts
Bachelor's+
45.1% → 46.5%
+1.4 pts
Median age
42.4 → 41.5
-0.9 yrs

Compared with 2022, rent in Englewood, NJ has increased by $196 per month, settling near $2,836 after starting the period at $2,640. Local incomes tracked alongside that move, going from a median of $91,164 in 2021 to $102,571 more recently. Income growth outran rent by about 5.1 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 29,129 to 29,638 between 2021 and 2024, a 1.7% change. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Englewood, NJ market of 2022.

Community

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

Can you afford rent in Englewood on your salary?

At $2,836/mo, how Englewood rent compares to typical pay (30% rule).

By apartment size

Englewood rent by bedroom count

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

Local insights

Tips for renters in Englewood

About renting in Englewood, NJ

Last updated: August 17, 2026

The median rent in Englewood is $2,836/mo as of August 2026. A studio apartment averages $1,730/mo while a 2-bedroom runs $2,310/mo. One-bedroom apartments average $2,010/mo and 3-bedroom units go for $2,840/mo.

At 33% of local median household income ($102,571/yr), Englewood ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

Is Englewood an affordable city for renters?

Englewood is considered moderate for renters. At $2,836/mo, rent takes approximately 33% of the local median household income ($102,571/yr). The standard benchmark is 30%. Englewood slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Englewood?

To keep rent at or below 30% of gross income, you would need to earn at least $113,000/year (~$54/hour full-time) to afford the median rent of $2,836/mo in Englewood. The local median household income is $102,571/yr, meaning the typical Englewood household falls short of that threshold.

Is rent going up or down in Englewood?

Rent in Englewood has increased 2.0% over the past year as of August 2026, putting upward pressure on renter budgets.

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

Englewood is one of the pricier cities in New Jersey for rent, ranking #61 out of 183 tracked cities at $2,836/mo.

Which nearby cities are cheaper to rent in than Englewood?

Several nearby cities have lower median rents than Englewood ($2,836/mo): Leonia ($2,550/mo), Palisades Park ($2,675/mo).

What percentage of Englewood residents rent vs. own?

According to Census data, approximately 45.5% of Englewood households are renters, while 54.5% are owner-occupied. Englewood leans toward homeownership, which can mean a smaller rental inventory.

How does Englewood rent compare to the national average?

Englewood's median rent of $2,836/mo is $874 (45%) above the US national median of $1,962/mo. Within New Jersey, it ranks #61 out of 183 tracked cities.
Income Affordability
33%
MODERATE

At $2,836/mo, rent takes ~33% of Englewood's median household income ($102,571/yr). The standard benchmark is 30%.

Englewood 33%Benchmark 30%
State income tax1.4–10.75%
Run the Englewood affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Englewood, NJ

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