At $3,139/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,139 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 →
12-month history
Last updated: August 17, 2026
Is your rent fair?
Compare your rent to the local median.
Who lives here
Park Ridge, NJ is majority owner-occupied, has a large retiree population, has a median income above the national average, 57.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Park Ridge, NJ has changed in 5 years
Median household income climbed from $168,269 to $171,029 between 2021 and 2024, a 1.6% shift. Census counts show Park Ridge, NJ adding about 419 residents over the five-year window, up 4.7% on net. The renter share has risen from 14.8% to 19%, with owner-occupied housing accounting for the remainder.
Discussions about Park Ridge
No discussions yet. Start the conversation.
Can you afford rent in Park Ridge on your salary?
At $3,139/mo, how Park Ridge rent compares to typical pay (30% rule).
Park Ridge rent by bedroom count
Median rent for each apartment size in Park Ridge. Click any size for full breakdown.
Tips for renters in Park Ridge
Last updated: August 17, 2026
The median rent in Park Ridge is $3,139/mo as of August 2026. A studio apartment averages $1,720/mo while a 2-bedroom runs $2,290/mo. One-bedroom apartments average $2,000/mo and 3-bedroom units go for $2,820/mo.
At 22% of local median household income ($171,029/yr), Park Ridge ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
Is Park Ridge an affordable city for renters?
How much income do you need to rent in Park Ridge?
Is rent going up or down in Park Ridge?
How does Park Ridge rent compare to other cities in New Jersey?
Which nearby cities are cheaper to rent in than Park Ridge?
What percentage of Park Ridge residents rent vs. own?
How does Park Ridge rent compare to the national average?
At $3,139/mo, rent takes ~22% of Park Ridge's median household income ($171,029/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Park Ridge.
No discussions yet.
