City Report · NJ

Hackensack

Pop. 46,057·67th most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$2,723/mo
Year-over-Year
+3.8%
Month-over-Month
-0.5%
vs US Median
+$791
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Hackensack · $2,723
More expensive than 85% of US cities · National median $1,932/mo
Rent Reality Score
57/100
Fairly priced
OverheatedFairGreat value

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

Actual rent
$2,723/mo
Expected by trend
$2,824/mo
The Rent Reality Score compares today's median rent to where Hackensack's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,640
1 BR
$1,910
2 BR
$2,190
3 BR
$2,700
4 BR+
$3,410
Fair Market Rent (HUD)
$2,190/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,723 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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Hackensack is 0.5% below its high of $2,736 in August 2026, at $2,723 as of September 2026.

Past year vs. the rest of New Jersey

Rent in Hackensack changed +3.8% over the year to September 2026. Across the 121 New Jersey cities Zillow tracks, the typical change was +3.1%.

Rent vs. income since 2019

From 2019 to 2024, rent in Hackensack rose 25.8% while median household income rose 20.2% ($70,090 to $84,277). Rent outpaced income.

Since before the pandemic

Rent in Hackensack is 30.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($84,277) is $2,107 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,910); a 2-bedroom is $2,190.

Cheaper nearby

Lodi, 2 miles away, rents for 12% less ($2,408/mo), about $3,800 a year in savings.

From Zillow's monthly rent index (ZORI) for Hackensack. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$32,676/yr
At $2,723/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.8% YoY, -0.5% MoM), not inventory.
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Demographics

Who lives here

Hackensack, NJ is majority renter-occupied, 42.1% of residents hold a bachelor's degree or higher.

Population
46,057
Median income
$84,277
Median age
41.8
Renters
63.4%
Age distribution
14.7%
24.9%
28.7%
13.6%
18.1%
Under 1814.7%
18–3424.9%
35–5428.7%
55–6413.6%
65+18.1%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
30.6%
19.1%
37.2%
13.9%
White30.6%
Black19.1%
Hispanic37.2%
Asian13.9%
Education (25+)
12.4%
23.6%
21.9%
42.1%
No HS diploma12.4%
HS diploma23.6%
Some college21.9%
Bachelor's+42.1%
Housing tenure
36.6%
63.4%
Owner36.6%
Renter63.4%

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

2021 vs 2026

How Hackensack, NJ has changed in 5 years

Rent
$2,138 → $2,723
up 27.4%
Income
$73,716 → $84,277
up 14.3%
Population
45,723 → 46,057
up 0.7%
Renter share
63.5% → 63.4%
-0.1 pts
Bachelor's+
40% → 42.1%
+2.1 pts
Median age
39.7 → 41.8
+2.1 yrs

Five years ago, renters in Hackensack, NJ paid around $2,138 a month. That figure now sits near $2,723, up 27.4% from the 2021 baseline. Census figures show median household income at $84,277 today, compared with $73,716 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 40% to 42.1% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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

Can you afford rent in Hackensack on your salary?

At $2,723/mo, how Hackensack rent compares to typical pay (30% rule).

By apartment size

Hackensack rent by bedroom count

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

Local insights

Tips for renters in Hackensack

About renting in Hackensack, NJ

Last updated: October 17, 2026

The median rent in Hackensack is $2,723/mo as of October 2026. A studio apartment averages $1,640/mo while a 2-bedroom runs $2,190/mo. One-bedroom apartments average $1,910/mo and 3-bedroom units go for $2,700/mo.

At 39% of local median household income ($84,277/yr), Hackensack ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Hackensack?

To keep rent at or below 30% of gross income, you would need to earn at least $109,000/year (about $52/hour full-time) to afford the median rent of $2,723/mo in Hackensack. The local median household income is $84,277/yr, so the typical household falls short of that bar.

Is rent going up or down in Hackensack?

Rent in Hackensack has risen 3.8% over the past year as of September 2026. It sits 0.5% below its high of $2,736 in August 2026.

Has rent outpaced income in Hackensack?

Yes. From 2019 to 2024, rent in Hackensack rose 25.8% while median household income rose 20.2%, from $70,090 to $84,277. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

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

Hackensack is in the middle among New Jersey cities for rent, ranking #67 of 178 tracked cities at $2,723/mo. Over the year to September 2026, rent in Hackensack changed +3.8%, against a typical +3.1% across the 121 New Jersey cities Zillow tracks.

Which nearby cities are cheaper to rent in than Hackensack?

Nearby cities with lower median rent than Hackensack ($2,723/mo) include Hasbrouck Heights ($2,259/mo), Ridgefield Park ($2,325/mo), and Lodi ($2,408/mo).
Income Affordability
39%
MODERATE

At $2,723/mo, rent takes ~39% of Hackensack's median household income ($84,277/yr). The standard benchmark is 30%.

Hackensack 39%Benchmark 30%
State income tax1.4–10.75%
Run the Hackensack affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Hackensack, NJ

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