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City Report · NJ

Hackensack

Pop. 46,057·92nd most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$2,627/mo
Year-over-Year
+2.0%
Month-over-Month
+1.2%
vs US Median
+$662
Rising (Monthly)
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Most AffordableMost Expensive
Hackensack · $2,627
More expensive than 83% of US cities · National median $1,965/mo
Rent Reality Score
54/100
Fairly priced
OverheatedFairGreat value

Rents are 2% below what Hackensack's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,627/mo
Expected by trend
$2,687/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
Research median
$2,190/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$31,524/yr
At $2,627/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.0% YoY, +1.2% 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
$2,063 → $2,627
up 27.3%
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 $2,063 a month. That figure now sits near $2,627, up 27.3% 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

Discussions about Hackensack

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

Can you afford rent in Hackensack on your salary?

At $2,627/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: July 20, 2026

The median rent in Hackensack is $2,627/mo as of July 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 37% of local median household income ($84,277/yr), Hackensack ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

Is Hackensack an affordable city for renters?

Hackensack is considered moderate for renters. At $2,627/mo, rent takes approximately 37% of the local median household income ($84,277/yr). The standard benchmark is 30%. Hackensack slightly exceeds that threshold, so budgeting carefully matters here.

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 $105,000/year (~$50/hour full-time) to afford the median rent of $2,627/mo in Hackensack. The local median household income is $84,277/yr, meaning the typical Hackensack household falls short of that threshold.

Is rent going up or down in Hackensack?

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

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

Hackensack is middle-of-the-pack for New Jersey for rent, ranking #92 out of 180 tracked cities at $2,627/mo.

Which nearby cities are cheaper to rent in than Hackensack?

Several nearby cities have lower median rents than Hackensack ($2,627/mo): Ridgefield Park ($2,109/mo), Lodi ($2,343/mo), Hasbrouck Heights ($2,549/mo).

What percentage of Hackensack residents rent vs. own?

According to Census data, approximately 63.4% of Hackensack households are renters, while 36.6% are owner-occupied. With a majority renter population, Hackensack has a strong rental market.

How does Hackensack rent compare to the national average?

Hackensack's median rent of $2,627/mo is $662 (34%) above the US national median of $1,965/mo. Within New Jersey, it ranks #92 out of 180 tracked cities.
Income Affordability
37%
MODERATE

At $2,627/mo, rent takes ~37% of Hackensack's median household income ($84,277/yr). The standard benchmark is 30%.

Hackensack 37%Benchmark 30%
State income tax1.4–10.75%
Run the Hackensack affordability calculator →
Lowest-rent ZIP codes in Hackensack
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Hackensack, NJ

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