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City Report · NJ

Teaneck

·69th most expensive in New Jersey·Teaneck rents have dropped 14.3%, currently a renter's market
Median rent (all units)
$2,758/mo
Year-over-Year
-14.3%
Month-over-Month
-16.4%
vs US Median
+$793
Falling (Monthly)
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Most AffordableMost Expensive
Teaneck · $2,758
More expensive than 86% of US cities · National median $1,965/mo
Affordability
46% of income
STRETCHED
0%30% benchmark60%+

At $2,758/mo, rent takes about 46% of the US median household income, well above the 30% benchmark.

Income to afford
$110,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Teaneck's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,570
1 BR
$1,820
2 BR
$2,090
3 BR
$2,570
4 BR+
$3,250
Research median
$2,090/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$33,096/yr
At $2,758/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 14.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-14.3% YoY, -16.4% MoM), not inventory.
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View Teaneck rent history (2015–2026) →
Salary vs rent

Can you afford rent in Teaneck on your salary?

At $2,758/mo, how Teaneck rent compares to typical pay (30% rule).

By apartment size

Teaneck rent by bedroom count

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

Local insights

Tips for renters in Teaneck

About renting in Teaneck, NJ

Last updated: July 20, 2026

The median rent in Teaneck is $2,758/mo as of July 2026. A studio apartment averages $1,570/mo while a 2-bedroom runs $2,090/mo. One-bedroom apartments average $1,820/mo and 3-bedroom units go for $2,570/mo.

At 46% of estimated US median household income ($72,000/yr), Teaneck ranks as moderate compared to the national benchmark of 30%. Rents have decreased 14.3% over the past year.

FAQ

Frequently asked questions

Is Teaneck an affordable city for renters?

Teaneck is considered stretched for renters. At $2,758/mo, rent takes approximately 46% of the US median household income ($72,000/yr). The standard benchmark is 30%. Teaneck significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Teaneck?

To keep rent at or below 30% of gross income, you would need to earn at least $110,000/year (~$53/hour full-time) to afford the median rent of $2,758/mo in Teaneck.

Is rent going up or down in Teaneck?

Rent in Teaneck has decreased 14.3% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Teaneck rent compare to other cities in New Jersey?

Teaneck is middle-of-the-pack for New Jersey for rent, ranking #69 out of 180 tracked cities at $2,758/mo.

Which nearby cities are cheaper to rent in than Teaneck?

Several nearby cities have lower median rents than Teaneck ($2,758/mo): Ridgefield Park ($2,109/mo), Leonia ($2,550/mo), Hackensack ($2,627/mo).

How does Teaneck rent compare to the national average?

Teaneck's median rent of $2,758/mo is $793 (40%) above the US national median of $1,965/mo. Within New Jersey, it ranks #69 out of 180 tracked cities.
Income Affordability
46%
STRETCHED

At $2,758/mo, rent takes ~46% of US median household income ($72,000/yr). The standard benchmark is 30%.

Teaneck 46%Benchmark 30%
State income tax1.4–10.75%
Run the Teaneck affordability calculator →
Lowest-rent ZIP codes in Teaneck
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Teaneck, NJ

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