City Report · NJ

Ridgefield Park

Pop. 13,235·146th most expensive in New Jersey·Rental market data updated monthly for Ridgefield Park, NJ
Median rent (all units)
$2,161/mo
Year-over-Year
Stable
Month-over-Month
+2.5%
vs US Median
+$199
Rising (Monthly)
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Most AffordableMost Expensive
Ridgefield Park · $2,161
More expensive than 67% of US cities · National median $1,962/mo
Affordability
26% of income
AFFORDABLE
0%30% benchmark60%+

At $2,161/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$86,000/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 $2,161 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
$25,932/yr
At $2,161/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.5% MoM), not inventory.
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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 $2,161/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: August 17, 2026

The median rent in Ridgefield Park is $2,161/mo as of August 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 26% 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

Is Ridgefield Park an affordable city for renters?

Ridgefield Park is considered affordable for renters. At $2,161/mo, rent takes approximately 26% of the local median household income ($100,718/yr). The standard benchmark is 30%. Ridgefield Park falls comfortably within that range.

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 $86,000/year (~$41/hour full-time) to afford the median rent of $2,161/mo in Ridgefield Park. The local median household income is $100,718/yr, meaning the typical Ridgefield Park household meets that threshold.

Is rent going up or down in Ridgefield Park?

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

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

Ridgefield Park is one of the more affordable cities in New Jersey for rent, ranking #146 out of 183 tracked cities at $2,161/mo.

What percentage of Ridgefield Park residents rent vs. own?

According to Census data, approximately 39.9% of Ridgefield Park households are renters, while 60.1% are owner-occupied. Ridgefield Park leans toward homeownership, which can mean a smaller rental inventory.

How does Ridgefield Park rent compare to the national average?

Ridgefield Park's median rent of $2,161/mo is $199 (10%) above the US national median of $1,962/mo. Within New Jersey, it ranks #146 out of 183 tracked cities.
Income Affordability
26%
AFFORDABLE

At $2,161/mo, rent takes ~26% of Ridgefield Park's median household income ($100,718/yr). The standard benchmark is 30%.

Ridgefield Park 26%Benchmark 30%
State income tax1.4–10.75%
Run the Ridgefield Park affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Ridgefield Park, NJ

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