City Report · NJ

Ridgefield Park

Pop. 13,235·125th most expensive in New Jersey·Rental market data updated monthly for Ridgefield Park, NJ
Median rent (all units)
$2,325/mo
Year-over-Year
Stable
Month-over-Month
-2.3%
vs US Median
+$393
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Ridgefield Park · $2,325
More expensive than 74% of US cities · National median $1,932/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $2,325/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$93,000/yr
Local median income
$100,718/yr
Based on the 30%-of-income rule using Ridgefield Park's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,460
1 BR
$1,700
2 BR
$1,950
3 BR
$2,400
4 BR+
$3,030
Fair Market Rent (HUD)
$1,950/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,325 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

What a typical income covers

30% of the median household income ($100,718) is $2,518 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,400); a 4-bedroom is $3,030.

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

Annual cost
$27,900/yr
At $2,325/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -2.3% MoM), not inventory.
Rent check

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Demographics

Who lives here

Ridgefield Park, NJ is majority owner-occupied, has a median income above the national average, 34.5% of residents hold a bachelor's degree or higher.

Population
13,235
Median income
$100,718
Median age
39.6
Renters
39.9%
Age distribution
22.9%
20.4%
29.7%
12.6%
14.3%
Under 1822.9%
18–3420.4%
35–5429.7%
55–6412.6%
65+14.3%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
39.9%
50%
White39.9%
Black9.2%
Hispanic50%
Asian6.9%
Education (25+)
12.1%
27%
26.5%
34.5%
No HS diploma12.1%
HS diploma27%
Some college26.5%
Bachelor's+34.5%
Housing tenure
60.1%
39.9%
Owner60.1%
Renter39.9%

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

2021 vs 2026

How Ridgefield Park, NJ has changed in 5 years

Income
$86,502 → $100,718
up 16.4%
Population
13,202 → 13,235
up 0.2%
Renter share
47.8% → 39.9%
-7.9 pts
Bachelor's+
33.9% → 34.5%
+0.6 pts
Median age
37.4 → 39.6
+2.2 yrs

Census figures show median household income at $100,718 today, compared with $86,502 five years earlier. Renters now make up 39.9% of households, compared with 47.8% five years ago.

Community

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View Ridgefield Park rent history (2015–2026) →
Salary vs rent

Can you afford rent in Ridgefield Park on your salary?

At $2,325/mo, how Ridgefield Park rent compares to typical pay (30% rule).

By apartment size

Ridgefield Park rent by bedroom count

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

Local insights

Tips for renters in Ridgefield Park

About renting in Ridgefield Park, NJ

Last updated: October 17, 2026

The median rent in Ridgefield Park is $2,325/mo as of October 2026. A studio apartment averages $1,460/mo while a 2-bedroom runs $1,950/mo. One-bedroom apartments average $1,700/mo and 3-bedroom units go for $2,400/mo.

At 28% of local median household income ($100,718/yr), Ridgefield Park ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Ridgefield Park?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (about $45/hour full-time) to afford the median rent of $2,325/mo in Ridgefield Park. The local median household income is $100,718/yr, so the typical household meets that bar.

Is rent going up or down in Ridgefield Park?

Rent in Ridgefield Park has been roughly flat over the past year, a 0.0% change.

How does Ridgefield Park rent compare to other cities in New Jersey?

Ridgefield Park is one of the more affordable among New Jersey cities for rent, ranking #125 of 178 tracked cities at $2,325/mo.
Income Affordability
28%
AFFORDABLE

At $2,325/mo, rent takes ~28% of Ridgefield Park's median household income ($100,718/yr). The standard benchmark is 30%.

Ridgefield Park 28%Benchmark 30%
State income tax1.4–10.75%
Run the Ridgefield Park affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Ridgefield Park, NJ

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