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City Report · NJ

Mahwah Township

·31st most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$3,200/mo
Year-over-Year
Stable
Month-over-Month
-0.5%
vs US Median
+$1,238
Stable (Monthly)
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Most AffordableMost Expensive
Mahwah Township · $3,200
More expensive than 93% of US cities · National median $1,962/mo
Affordability
53% of income
EXPENSIVE
0%30% benchmark60%+

At $3,200/mo, rent takes about 53% of the US median household income, well above the 30% benchmark.

Income to afford
$128,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Mahwah Township's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,100
1 BR
$2,440
2 BR
$2,800
3 BR
$3,450
4 BR+
$4,360
Fair Market Rent (HUD)
$2,800/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,200 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
$38,400/yr
At $3,200/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.5% MoM), not inventory.
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View Mahwah Township rent history (2015–2026) →
Salary vs rent

Can you afford rent in Mahwah Township on your salary?

At $3,200/mo, how Mahwah Township rent compares to typical pay (30% rule).

By apartment size

Mahwah Township rent by bedroom count

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

Local insights

Tips for renters in Mahwah Township

About renting in Mahwah Township, NJ

Last updated: August 17, 2026

The median rent in Mahwah Township is $3,200/mo as of August 2026. A studio apartment averages $2,100/mo while a 2-bedroom runs $2,800/mo. One-bedroom apartments average $2,440/mo and 3-bedroom units go for $3,450/mo.

At 53% of estimated US median household income ($72,000/yr), Mahwah Township ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Mahwah Township an affordable city for renters?

Mahwah Township is considered expensive for renters. At $3,200/mo, rent takes approximately 53% of the US median household income ($72,000/yr). The standard benchmark is 30%. Mahwah Township significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Mahwah Township?

To keep rent at or below 30% of gross income, you would need to earn at least $128,000/year (~$62/hour full-time) to afford the median rent of $3,200/mo in Mahwah Township.

Is rent going up or down in Mahwah Township?

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

How does Mahwah Township rent compare to other cities in New Jersey?

Mahwah Township is one of the pricier cities in New Jersey for rent, ranking #31 out of 183 tracked cities at $3,200/mo.

Which nearby cities are cheaper to rent in than Mahwah Township?

Several nearby cities have lower median rents than Mahwah Township ($3,200/mo): Suffern ($2,567/mo), Hawthorne ($2,670/mo), Park Ridge ($3,139/mo).

How does Mahwah Township rent compare to the national average?

Mahwah Township's median rent of $3,200/mo is $1,238 (63%) above the US national median of $1,962/mo. Within New Jersey, it ranks #31 out of 183 tracked cities.
Income Affordability
53%
EXPENSIVE

At $3,200/mo, rent takes ~53% of US median household income ($72,000/yr). The standard benchmark is 30%.

Mahwah Township 53%Benchmark 30%
State income tax1.4–10.75%
Run the Mahwah Township affordability calculator →
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Neighborhoods

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Public schools near Mahwah Township, NJ

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