RentDataNowRentDataNow
City Report · NJ

Wayne

·103rd most expensive in New Jersey·Rental market data updated monthly for Wayne, NJ
Median rent (all units)
$2,536/mo
Year-over-Year
+1.3%
Month-over-Month
+3.0%
vs US Median
+$574
Rising (Monthly)
Be the first to discuss Wayne rents ↓
Most AffordableMost Expensive
Wayne · $2,536
More expensive than 80% of US cities · National median $1,962/mo
Affordability
42% of income
STRETCHED
0%30% benchmark60%+

At $2,536/mo, rent takes about 42% of the US median household income, well above the 30% benchmark.

Income to afford
$101,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Wayne's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,730
1 BR
$2,010
2 BR
$2,300
3 BR
$2,830
4 BR+
$3,580
Fair Market Rent (HUD)
$2,300/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,536 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

Loading…

Last updated: August 17, 2026

Annual cost
$30,432/yr
At $2,536/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 1.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+1.3% YoY, +3.0% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Community

Discussions about Wayne

No discussions yet. Start the conversation.

View Wayne rent history (2015–2026) →
Salary vs rent

Can you afford rent in Wayne on your salary?

At $2,536/mo, how Wayne rent compares to typical pay (30% rule).

By apartment size

Wayne rent by bedroom count

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

Local insights

Tips for renters in Wayne

About renting in Wayne, NJ

Last updated: August 17, 2026

The median rent in Wayne is $2,536/mo as of August 2026. A studio apartment averages $1,730/mo while a 2-bedroom runs $2,300/mo. One-bedroom apartments average $2,010/mo and 3-bedroom units go for $2,830/mo.

At 42% of estimated US median household income ($72,000/yr), Wayne ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.

FAQ

Frequently asked questions

Is Wayne an affordable city for renters?

Wayne is considered stretched for renters. At $2,536/mo, rent takes approximately 42% of the US median household income ($72,000/yr). The standard benchmark is 30%. Wayne significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Wayne?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (~$49/hour full-time) to afford the median rent of $2,536/mo in Wayne.

Is rent going up or down in Wayne?

Rent in Wayne has increased 1.3% over the past year as of August 2026, putting upward pressure on renter budgets.

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

Wayne is middle-of-the-pack for New Jersey for rent, ranking #103 out of 183 tracked cities at $2,536/mo.

Which nearby cities are cheaper to rent in than Wayne?

Paterson is nearby and more affordable at $1,864/mo, which is $672 less than Wayne.

How does Wayne rent compare to the national average?

Wayne's median rent of $2,536/mo is $574 (29%) above the US national median of $1,962/mo. Within New Jersey, it ranks #103 out of 183 tracked cities.
Income Affordability
42%
STRETCHED

At $2,536/mo, rent takes ~42% of US median household income ($72,000/yr). The standard benchmark is 30%.

Wayne 42%Benchmark 30%
State income tax1.4–10.75%
Run the Wayne affordability calculator →
Lowest-rent ZIP codes in Wayne
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Wayne, NJ

Recent submissions

Be the first to submit your rent for Wayne.

Recent discussions

No discussions yet.

Add RentDataNow as a preferred source on Google