Average Rent in Edgewater, NJ

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Current Versus Historical Edgewater, NJ Rents

Edgewater rentals average $0 for a studio rental to $10,500 for a 4-bedroom rental. The median price of all currently available listings is $3,750, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $81 (4.03%) year-over-year from $2,019 to $2,100. 1-bedroom rentals prices have increased by $196 (8.71%) year-over-year from $2,254 to $2,450. 2-bedroom rentals prices have increased by $412 (12.83%) year-over-year from $3,213 to $3,625. 3-bedroom rentals prices have increased by $674 (15.57%) year-over-year from $4,326 to $5,000. 4-bedroom rentals prices have increased by $2,167 (26.00%) year-over-year from $8,333 to $10,500. 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 down by 8.70% this month. 1-bedroom rents have gone down by 4.55% this month. 2-bedroom rents have gone down by 0.91% this month. 3-bedroom rents have gone down by 3.90% this month. 4-bedroom rents have gone up by 10.72% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR N/A $2,450 $2,254 (8.71%) $2,336 (4.90%)
2 BR $3.21 $3,625 $3,213 (12.83%) $3,140 (15.45%)
3 BR N/A $5,000 $4,326 (15.57%) $4,587 (9.01%)
4+ BR N/A $10,500 $8,333 (26.00%) $6,945 (51.19%)

Historical Rents in Edgewater, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Edgewater

There are a total of 4 cities nearby Edgewater. The average rent in Edgewater is currently $2,831 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that West New York, NJ, with an average rent of $2,698, is the most affordable city nearby. In contrast, the most expensive city near Edgewater, NJ is Cliffside Park, NJ. Monthly rents here are on average $3,000 per month.

Let's compare Edgewater, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Edgewater, NJ is inf% more affordable than other cities nearby. One bedrooms are about 9.71% more expensive. Two bedrooms in Edgewater, NJ are about 22.26% more expensive. Finally, rent for three bedrooms are about 15.73% more expensive. Want more information? Check out the top 4 cities near Edgewater, NJ in the following chart.
City Studio 1 Bed 2 Bed All
West New York, NJ N/A $2,475 $2,825 $2,698
Union City, NJ $1,900 $2,250 $2,800 $2,800
Fort Lee, NJ $1,500 $2,445 $3,298 $2,863
Cliffside Park, NJ N/A $2,125 $3,200 $3,000

Top Neighborhoods Near Edgewater

There are a total of 16 neighborhoods in or near Edgewater. Some of these neighborhoods include Mott Haven, Washington Heights, and Astoria. We've included all of these top 16 neighborhoods in or near Edgewater, NJ in the following chart.

The average rent for these 16 neighborhoods in or near Edgewater, NJ is currently around $4,019 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $4,019. Interestingly, the neighborhoods' average rent is higher than Edgewater's average rent, which is only $3,750. Out of all the neighborhoods in or near Edgewater, Mott Haven has the most affordable average rent at $3,062 per month. Whereas, at $5,160 average rent per month, Chelsea is the most expensive neighborhood in or near Edgewater. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Mott Haven, New York, NY $2,995 $2,931 $3,395 $3,062
Washington Heights, New York, NY $1,840 $2,474 $2,995 $3,100
Astoria, New York, NY $2,600 $2,950 $3,700 $3,200
East Harlem, New York, NY $2,675 $3,000 $3,195 $3,289
Central Harlem, New York, NY $2,250 $3,198 $3,525 $3,385
Harlem, New York, NY $2,600 $3,000 $3,200 $3,400
West Harlem, New York, NY $2,650 $3,000 $3,400 $3,499
Upper East Side, New York, NY $2,850 $3,675 $4,823 $4,000
Long Island City, New York, NY $3,293 $4,001 $5,882 $4,039
Midtown East, New York, NY $3,275 $4,200 $5,650 $4,500
Hell's Kitchen, New York, NY $3,435 $4,170 $6,000 $4,500
Upper West Side, New York, NY $3,038 $4,400 $5,959 $4,823
Midtown South, New York, NY $3,815 $4,895 $6,995 $4,895
Midtown, New York, NY $3,550 $4,350 $6,600 $4,960
Hudson Yards, New York, NY $3,783 $4,684 $6,950 $5,068
Chelsea, New York, NY $3,815 $5,438 $7,655 $5,160

Top Counties Near Edgewater

There are a total of 16 counties located by Edgewater, NJ. Some of these counties include West New York, NJ, Union City, NJ, and North Bergen, NJ. The average rent for rentals in these counties is $2,856. That's roughly around $3 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is West New York, NJ. It's average rent per month is $2,698. Vice versa, with an average rent of $4,510, Manhattan, New York, NY is the most expensive county by Edgewater, NJ.

Typically, rent for studios in Edgewater, NJ is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Edgewater, NJ is 9.71% more expensive than other counties nearby. Finally, rent for two bedrooms in Edgewater, NJ is 21.94% more expensive than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
West New York, NJ N/A $2,475 $2,825 $2,698
Union City, NJ $1,900 $2,250 $2,800 $2,800
North Bergen, NJ $2,250 $2,125 $2,850 $2,850
Fort Lee, NJ $1,500 $2,445 $3,298 $2,863
Cliffside Park, NJ N/A $2,125 $3,200 $3,000
Manhattan, New York, NY $3,500 $4,319 $5,500 $4,510

Top Zipcodes Near Edgewater

There are a total of 27 zipcodes in or near Edgewater, NJ. The average rent for all of these zipcodes is $3,950. A total of 13 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07093, West New York, NJ at $2,700 per month. In comparison, the zipcode with the most expensive average rent of $5,620 per month is 10069, New York, NY.

Studios in these zipcodes have an average rent of $2,850. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Edgewater, NJ is $3,495 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,000 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Edgewater, NJ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10019, New York, NY $3,550 $4,151 $6,430 $4,695
10128, New York, NY $3,251 $3,750 $5,333 $3,950
10022, New York, NY $3,350 $4,325 $5,550 $4,500
10017, New York, NY $3,200 $4,100 $6,834 $4,915
10025, New York, NY $2,800 $3,995 $5,468 $4,559
10023, New York, NY $2,950 $4,542 $7,495 $5,150
10028, New York, NY $2,600 $3,225 $4,000 $4,000
10036, New York, NY $3,415 $4,300 $6,451 $4,500
10021, New York, NY $2,850 $4,350 $3,750 $4,100
10001, New York, NY $4,228 $5,328 $7,950 $5,458

Frequently Asked Questions - Edgewater Average Rents

What is the average rent price in Edgewater, NJ?
The average monthly rental price for Edgewater, NJ apartments for rent is approximately $3,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Edgewater, 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 Edgewater, NJ.
How much is a studio apartment in Edgewater, NJ?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Edgewater.
How much is a one bedroom apartment in Edgewater, NJ?
The average monthly rental price for one bedroom apartments is $2,600 and an average price per square feet of $0. There are a total of 9 one bedroom apartment listings currently available for rent in Edgewater.
How much is a two bedroom apartment in Edgewater, NJ?
The average monthly rental price for two bedroom apartments is $3,875 and an average price per square feet of $3.21. There are a total of 18 two bedroom apartment listings currently available for rent in Edgewater.
How have rent prices in Edgewater, NJ changed this year?
Rent prices for rentals in Edgewater, NJ can fluctuate yearly. Specifically, studio rental prices have changed by 0.04%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.13%, and three bedroom rental prices have changed by 0.16% year-over-year.
What is a reasonable rent price in Edgewater, NJ?
A reasonable rent price in Edgewater, NJ is around $3,000/month. You can search for these reasonably priced rental listings on RentHop.
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