Average Rent in Fort Lee, NJ

Current Versus Historical Fort Lee, NJ Rents

Fort Lee rentals average $1,925 for a studio rental to $8,150 for a 4-bedroom rental. The median price of all currently available listings is $2,950, or roughly $2 per square feet.

For the apartment units and housing in June 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $47 (2.78%) year-over-year from $1,678 to $1,725. 1-bedroom rentals prices have increased by $99 (4.13%) year-over-year from $2,400 to $2,499. 2-bedroom rentals prices have increased by $283 (8.81%) year-over-year from $3,217 to $3,500. 3-bedroom rentals prices have decreased by $1,283 (-26.15%) year-over-year from $4,908 to $3,625. 4-bedroom rentals prices have increased by $3,067 (56.44%) year-over-year from $5,433 to $8,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 8.38% this month. 1-bedroom rents have gone up by 1.50% this month. 2-bedroom rents have gone up by 11.76% this month. 3-bedroom rents have gone down by 14.87% this month. 4-bedroom rents have gone up by 36.36% this month.

Beds	Price / Sqft	Jun 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$1,725	$1,678 (2.78%)	$1,342 (28.57%)
1 BR	N/A	$2,499	$2,400 (4.13%)	$2,587 (-3.41%)
2 BR	N/A	$3,500	$3,217 (8.81%)	$3,560 (-1.68%)
3 BR	N/A	$3,625	$4,908 (-26.15%)	$5,921 (-38.78%)
4+ BR	$2.04	$8,500	$5,433 (56.44%)	$5,128 (65.76%)

Historical Rents in Fort Lee, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Fort Lee

There are a total of 3 cities nearby Fort Lee. The average rent in Fort Lee is currently $3,700 per month. Our records show that Cliffside Park, NJ, with an average rent of $3,325, is the most affordable city nearby. In contrast, the most expensive city near Fort Lee, NJ is Edgewater, NJ. Monthly rents here are on average $3,800 per month.

Let's compare Fort Lee, NJ's rent against other top cities nearby by bedroom size. One bedrooms are about 9.43% more expensive. Two bedrooms in Fort Lee, NJ are about 0.68% more affordable. Finally, rent for three bedrooms are about 10.76% more affordable. Want more information? Check out the top 3 cities near Fort Lee, NJ in the following chart.

City	Studio	1 Bed	2 Bed	All
Cliffside Park, NJ	N/A	$2,275	$3,323	$3,325
Palisades Park, NJ	N/A	$1,850	$2,935	$3,700
Edgewater, NJ	$2,175	$2,600	$3,700	$3,800

Top Neighborhoods Near Fort Lee

There are a total of 6 neighborhoods in or near Fort Lee. Some of these neighborhoods include Mott Haven, East Harlem, and Central Harlem. We've included all of these top 6 neighborhoods in or near Fort Lee, NJ in the following chart.

The average rent for these 6 neighborhoods in or near Fort Lee, NJ is currently around $3,348 per month. Meaning, only six neighborhoods have a higher average rent than $3,348. Interestingly, the neighborhoods' average rent is higher than Fort Lee's average rent, which is only $2,950. Out of all the neighborhoods in or near Fort Lee, Mott Haven has the most affordable average rent at $3,098 per month. Whereas, at $3,625 average rent per month, West Harlem is the most expensive neighborhood in or near Fort Lee. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Mott Haven, New York, NY	$2,550	$3,090	$3,687	$3,098
East Harlem, New York, NY	$3,225	$2,935	$3,195	$3,295
Central Harlem, New York, NY	$2,200	$3,145	$3,648	$3,300
Washington Heights, New York, NY	$2,550	$2,600	$3,149	$3,395
Harlem, New York, NY	$2,663	$3,000	$3,295	$3,450
West Harlem, New York, NY	$2,700	$3,000	$3,425	$3,625

Top Counties Near Fort Lee

There are a total of 6 counties located by Fort Lee, NJ. Some of these counties include North Bergen, NJ, Fort Lee, NJ, and Cliffside Park, NJ. The average rent for rentals in these counties is $3,325. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is North Bergen, NJ. It's average rent per month is $2,900. Vice versa, with an average rent of $3,800, Edgewater, NJ is the most expensive county by Fort Lee, NJ.

In comparison, rent for one bedroom listings in Fort Lee, NJ is 9.43% more expensive than other counties nearby. Finally, rent for two bedrooms in Fort Lee, NJ is on par with the other counties nearby. We've listed the top 5 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
North Bergen, NJ	N/A	$2,000	$3,085	$2,900
Fort Lee, NJ	$1,925	$2,512	$3,300	$2,950
Cliffside Park, NJ	N/A	$2,275	$3,323	$3,325
Palisades Park, NJ	N/A	$1,850	$2,935	$3,700
Edgewater, NJ	$2,175	$2,600	$3,700	$3,800

Top Zipcodes Near Fort Lee

There are a total of 12 zipcodes in or near Fort Lee, NJ. The average rent for all of these zipcodes is $3,623.

The following chart includes the top 10 zipcodes in Fort Lee, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10025, New York, NY	$3,350	$3,925	$5,395	$4,595
10024, New York, NY	$3,290	$4,300	$7,250	$5,325
10027, New York, NY	$2,634	$3,198	$3,275	$3,300
10031, New York, NY	$2,650	$2,899	$3,400	$3,600
10032, New York, NY	$6,250	$2,449	$2,650	$3,675
10029, New York, NY	$3,650	$2,695	$3,195	$3,295
10026, New York, NY	N/A	$3,200	$3,650	$3,655
07024, Fort Lee, NJ	$1,925	$2,437	$3,300	$3,000
10451, New York, NY	$2,550	$3,067	$3,694	$3,050
07010, Cliffside Park, NJ	N/A	$2,275	$3,295	$3,325

Frequently Asked Questions - Fort Lee Average Rents

What is the average rent price in Fort Lee, NJ?

The average monthly rental price for Fort Lee, NJ apartments for rent is approximately $2,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Fort Lee, NJ rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Fort Lee, NJ.

How much is a studio apartment in Fort Lee, NJ?

The average monthly rental price for studio apartments is $1,925 and an average price per square feet of $0. There are a total of 8 studio apartment listings currently available for rent in Fort Lee.

How much is a one bedroom apartment in Fort Lee, NJ?

The average monthly rental price for one bedroom apartments is $2,512 and an average price per square feet of $0. There are a total of 38 one bedroom apartment listings currently available for rent in Fort Lee.

How much is a two bedroom apartment in Fort Lee, NJ?

The average monthly rental price for two bedroom apartments is $3,300 and an average price per square feet of $0. There are a total of 47 two bedroom apartment listings currently available for rent in Fort Lee.

How have rent prices in Fort Lee, NJ changed this year?

Rent prices for rentals in Fort Lee, NJ can fluctuate yearly. Specifically, studio rental prices have changed by 0.03%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by -0.26% year-over-year.

What is a reasonable rent price in Fort Lee, NJ?

A reasonable rent price in Fort Lee, NJ is around $2,360/month. You can search for these reasonably priced rental listings on RentHop.