At $2,734/mo, rent takes about 20% 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 $2,734 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: October 17, 2026
What the numbers show
30% of the median household income ($165,781) is $4,145 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,041).
From Zillow's monthly rent index (ZORI) for Westwood. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Westwood, NJ is majority owner-occupied, has a median income above the national average, 57% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Westwood, NJ has changed in 5 years
On the earnings side, the typical household in Westwood, NJ now reports about $165,781, up from $136,603 in 2021. College-educated residents now make up 57% of adults here, versus 53.9% in 2021.
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Can you afford rent in Westwood on your salary?
At $2,734/mo, how Westwood rent compares to typical pay (30% rule).
Westwood rent by bedroom count
Median rent for each apartment size in Westwood. Click any size for full breakdown.
Tips for renters in Westwood
Last updated: October 17, 2026
The median rent in Westwood is $2,734/mo as of October 2026. a 2-bedroom runs $2,691/mo. One-bedroom apartments average $2,214/mo and 3-bedroom units go for $2,041/mo.
At 20% of local median household income ($165,781/yr), Westwood ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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Is rent going up or down in Westwood?
How does Westwood rent compare to other cities in New Jersey?
At $2,734/mo, rent takes ~20% of Westwood's median household income ($165,781/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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