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City Report · NJ

Little Falls

·84th most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$2,654/mo
Year-over-Year
Stable
Month-over-Month
-4.0%
vs US Median
+$692
Falling (Monthly)
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Most AffordableMost Expensive
Little Falls · $2,654
More expensive than 83% of US cities · National median $1,962/mo
Affordability
44% of income
STRETCHED
0%30% benchmark60%+

At $2,654/mo, rent takes about 44% of the US median household income, well above the 30% benchmark.

Income to afford
$106,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Little Falls's median rent and household income. See the full affordability breakdown →
Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$31,848/yr
At $2,654/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, -4.0% MoM), not inventory.
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View Little Falls rent history (2015–2026) →
Salary vs rent

Can you afford rent in Little Falls on your salary?

At $2,654/mo, how Little Falls rent compares to typical pay (30% rule).

Local insights

Tips for renters in Little Falls

About renting in Little Falls, NJ

Last updated: August 17, 2026

The median rent in Little Falls is $2,654/mo as of August 2026.

At 44% of estimated US median household income ($72,000/yr), Little Falls ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Little Falls an affordable city for renters?

Little Falls is considered stretched for renters. At $2,654/mo, rent takes approximately 44% of the US median household income ($72,000/yr). The standard benchmark is 30%. Little Falls significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Little Falls?

To keep rent at or below 30% of gross income, you would need to earn at least $106,000/year (~$51/hour full-time) to afford the median rent of $2,654/mo in Little Falls.

Is rent going up or down in Little Falls?

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

How does Little Falls rent compare to other cities in New Jersey?

Little Falls is middle-of-the-pack for New Jersey for rent, ranking #84 out of 183 tracked cities at $2,654/mo.

Which nearby cities are cheaper to rent in than Little Falls?

Several nearby cities have lower median rents than Little Falls ($2,654/mo): Paterson ($1,864/mo), Wayne ($2,536/mo).

How does Little Falls rent compare to the national average?

Little Falls's median rent of $2,654/mo is $692 (35%) above the US national median of $1,962/mo. Within New Jersey, it ranks #84 out of 183 tracked cities.
Income Affordability
44%
STRETCHED

At $2,654/mo, rent takes ~44% of US median household income ($72,000/yr). The standard benchmark is 30%.

Little Falls 44%Benchmark 30%
State income tax1.4–10.75%
Run the Little Falls affordability calculator →
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Public schools near Little Falls, NJ

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