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City Report · NJ

Westwood

Pop. 11,283·36th most expensive in New Jersey·One of the pricier rental markets in the US
Median rent (all units)
$3,125/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
+$1,160
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Most AffordableMost Expensive
Westwood · $3,125
More expensive than 93% of US cities · National median $1,965/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $3,125/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$125,000/yr
Local median income
$165,781/yr
Based on the 30%-of-income rule using Westwood's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

1 BR
$2,214
2 BR
$2,691
3 BR
$2,041
Research median
$2,691/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: March 14, 2026

Annual cost
$37,500/yr
At $3,125/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.0% MoM), not inventory.
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Demographics

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.

Population
11,283
Median income
$165,781
Median age
41.4
Renters
37.1%
Age distribution
18.8%
19.5%
30.8%
19%
Under 1818.8%
18–3419.5%
35–5430.8%
55–6411.8%
65+19%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
58.7%
26.2%
White58.7%
Black4.2%
Hispanic26.2%
Asian7.7%
Other3.3%
Education (25+)
15.4%
21.5%
57%
No HS diploma6.1%
HS diploma15.4%
Some college21.5%
Bachelor's+57%
Housing tenure
62.9%
37.1%
Owner62.9%
Renter37.1%

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

2021 vs 2026

How Westwood, NJ has changed in 5 years

Income
$136,603 → $165,781
up 21.4%
Population
11,267 → 11,283
up 0.1%
Renter share
36.8% → 37.1%
+0.3 pts
Bachelor's+
53.9% → 57%
+3.1 pts
Median age
42.4 → 41.4
-1.0 yrs

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.

Community

Discussions about Westwood

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

Can you afford rent in Westwood on your salary?

At $3,125/mo, how Westwood rent compares to typical pay (30% rule).

By apartment size

Westwood rent by bedroom count

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

Local insights

Tips for renters in Westwood

About renting in Westwood, NJ

Last updated: March 14, 2026

The median rent in Westwood is $3,125/mo as of March 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 23% 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.

FAQ

Frequently asked questions

Is Westwood an affordable city for renters?

Westwood is considered very affordable for renters. At $3,125/mo, rent takes approximately 23% of the local median household income ($165,781/yr). The standard benchmark is 30%. Westwood falls comfortably within that range.

How much income do you need to rent in Westwood?

To keep rent at or below 30% of gross income, you would need to earn at least $125,000/year (~$60/hour full-time) to afford the median rent of $3,125/mo in Westwood. The local median household income is $165,781/yr, meaning the typical Westwood household meets that threshold.

Is rent going up or down in Westwood?

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

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

Westwood is one of the pricier cities in New Jersey for rent, ranking #36 out of 198 tracked cities at $3,125/mo.

Which nearby cities are cheaper to rent in than Westwood?

Bergenfield is nearby and more affordable at $2,987/mo, which is $138 less than Westwood.

What percentage of Westwood residents rent vs. own?

According to Census data, approximately 37.1% of Westwood households are renters, while 62.9% are owner-occupied. Westwood leans toward homeownership, which can mean a smaller rental inventory.

How does Westwood rent compare to the national average?

Westwood's median rent of $3,125/mo is $1,160 (59%) above the US national median of $1,965/mo. Within New Jersey, it ranks #36 out of 198 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $3,125/mo, rent takes ~23% of Westwood's median household income ($165,781/yr). The standard benchmark is 30%.

Westwood 23%Benchmark 30%
State income tax1.4–10.75%
Run the Westwood affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Westwood, NJ

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