Average Rent in Palisades Park, NJ

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Current Versus Historical Palisades Park, NJ Rents

Palisades Park rentals average $1,500 for a studio rental to $5,800 for a 4-bedroom rental. The median price of all currently available listings is $3,250.
For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $325 (24.53%) year-over-year from $1,325 to $1,650. 1-bedroom rentals prices have decreased by $292 (-13.01%) year-over-year from $2,242 to $1,950. 2-bedroom rentals prices have decreased by $117 (-3.84%) year-over-year from $3,042 to $2,925. 3-bedroom rentals prices have increased by $389 (9.65%) year-over-year from $4,033 to $4,423. 4-bedroom rentals prices have increased by $217 (3.88%) year-over-year from $5,583 to $5,800. 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 5.32% this month. 1-bedroom rents have gone down by 3.03% this month. 2-bedroom rents have gone up by 3.85% this month. 3-bedroom rents have gone up by 12.22% this month. 4-bedroom rents have gone down by 1.14% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $1,650 $1,325 (24.53%) $1,550 (6.45%)
1 BR N/A $1,950 $2,242 (-13.01%) $1,721 (13.32%)
2 BR N/A $2,925 $3,042 (-3.84%) $2,521 (16.03%)
3 BR N/A $4,423 $4,033 (9.65%) $3,757 (17.72%)
4+ BR N/A $5,800 $5,583 (3.88%) $5,383 (7.74%)

Historical Rents in Palisades Park, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Palisades Park

There are a total of 1 cities nearby Palisades Park. The average rent in Palisades Park is currently $3,000 per month. Only one city nearby has an average rent lower than that. Our records show that Fort Lee, NJ, with an average rent of $3,000, is the most affordable city nearby. In contrast, the most expensive city near Palisades Park, NJ is Fort Lee, NJ. Monthly rents here are on average $3,000 per month.

Let's compare Palisades Park, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Palisades Park, NJ is 19.67% more affordable than other cities nearby. One bedrooms are about 40.88% more affordable. Two bedrooms in Palisades Park, NJ are about 2.48% more affordable. Finally, rent for three bedrooms are about 9.72% more affordable. Want more information? Check out the top 1 cities near Palisades Park, NJ in the following table.
City Studio 1 Bed 2 Bed All
Fort Lee, NJ $1,795 $2,800 $3,100 $3,000

Top Neighborhoods Near Palisades Park

There are a total of 3 neighborhoods in or near Palisades Park. Some of these neighborhoods include Central Harlem, West Harlem, and Harlem. We've included all of these top 3 neighborhoods in or near Palisades Park, NJ in the following table.

The average rent for these 3 neighborhoods in or near Palisades Park, NJ is currently around $3,758 per month. Interestingly, the neighborhoods' average rent is higher than Palisades Park's average rent, which is only $3,250. Out of all the neighborhoods in or near Palisades Park, Central Harlem has the most affordable average rent at $3,753 per month. Whereas, at $3,995 average rent per month, Harlem is the most expensive neighborhood in or near Palisades Park. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Central Harlem, New York, NY $2,907 $3,200 $4,000 $3,753
West Harlem, New York, NY $2,773 $3,600 $3,695 $3,758
Harlem, New York, NY $3,000 $3,400 $3,855 $3,995

Top Counties Near Palisades Park



County Studio 1 Bed 2 Bed All

Top Zipcodes Near Palisades Park

There are a total of 3 zipcodes in or near Palisades Park, NJ. The average rent for all of these zipcodes is $3,195. A total of 2 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10031, New York, NY at $3,100 per month. In comparison, the zipcode with the most expensive average rent of $3,850 per month is 10027, New York, NY.

Studios in these zipcodes have an average rent of $2,750. That's at least $75 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Palisades Park, NJ is $3,100 per month. Or in other words, $63 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,550 per month. Which comes out to $57 per sqft. The following table includes the top 3 zipcodes in Palisades Park, NJ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10031, New York, NY $2,695 $3,100 $3,550 $3,100
10027, New York, NY $2,975 $3,400 $3,695 $3,850
10032, New York, NY $2,750 $2,973 $3,340 $3,195

Frequently Asked Questions - Palisades Park Average Rents

What is the average rent price in Palisades Park, NJ?
The average monthly rental price for Palisades Park, NJ apartments for rent is approximately $3,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Palisades Park, 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 Palisades Park, NJ.
How much is a studio apartment in Palisades Park, NJ?
The average monthly rental price for studio apartments is $1,500. There are a total of 2 studio apartment listings currently available for rent in Palisades Park.
How much is a one bedroom apartment in Palisades Park, NJ?
The average monthly rental price for one bedroom apartments is $1,988. There are a total of 12 one bedroom apartment listings currently available for rent in Palisades Park.
How much is a two bedroom apartment in Palisades Park, NJ?
The average monthly rental price for two bedroom apartments is $3,025. There are a total of 21 two bedroom apartment listings currently available for rent in Palisades Park.
How have rent prices in Palisades Park, NJ changed this year?
Rent prices for rentals in Palisades Park, NJ can fluctuate yearly. Specifically, studio rental prices have changed by 0.25%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by -0.04%, three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Palisades Park, NJ?
A reasonable rent price in Palisades Park, NJ is around $2,600/month. You can search for these reasonably priced rental listings on RentHop.
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