Apartments & Homes for Rent in Elmwood Park, NJ

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What to Know About

Life in Elmwood Park & Beyond

Elmwood Park shares many of the great qualities that make New Jersey a desirable place to live.

New Jersey is known for its beaches along the Jersey Shore to some of the most iconic landmarks in the nation, such as the Liberty Bell, the Statue of Liberty, and Ellis Island. From the bustling streets of Newark to the picturesque shorelines of Cape May, New Jersey is a state unlike any other. Discover its dynamic culture and rich heritage by visiting iconic landmarks like Liberty State Park and the Ellis Island National Museum of Immigration. And for those seeking knowledge, New Jersey is home to renowned universities like Rutgers University and Princeton University.

Whether you're an outdoor enthusiast or a sports fan, New Jersey has plenty to offer, including the New York Giants (NFL), New York Jets (NFL), New Jersey Devils (NHL), and the New Jersey Nets (NBA). Enjoy the beautiful coastline by fishing, surfing, or sailing, and hit the slopes of nearby mountains. Make sure to visit famous attractions like the Atlantic City Boardwalk, the Camden Waterfront, and the historic town of Cape May.

A state that never stops moving, New Jersey is a melting pot of cultures, experiences, and opportunities waiting to be experienced, making it a great place to call home.

Rental Market Trends

Elmwood Park, NJ

As of May 2025, Elmwood Park's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Elmwood Park's average rent is 0.2% ($5) higher than the New Jersey average of $2,419 and 35.2% ($631) higher than the U.S. average of $1,793.

Average Rent
$2,424
Monthly ChangeMonth Over Month Change
Decreased15.2% ($436)
Yearly ChangeYear Over Year Change
Decreased0.7% ($17)
Avg. Days on MarketAverage Days on Market
45
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,901 Decreased12.3% ($267) Decreased2.7% ($52)
2 Beds $2,441 Decreased11.8% ($327) Decreased2.1% ($52)
3 Beds $3,708 Decreased9.5% ($388) Increased0.6% ($21)
Nearby Cities Average Rent Avg. Rent vs. Elmwood ParkAverage Rent vs. Elmwood Park Avg. Days on MarketAverage Days on Market
Saddle Brook $2,688 Increased10.9% ($264) 46 days
Garfield $2,274 Decreased6.2% ($150) 44 days
Rochelle Park $3,803 Increased56.9% ($1379) 49 days
Fair Lawn $2,580 Increased6.4% ($156) 49 days
Paterson $1,624 Decreased33% ($800) 41 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Elmwood Park Rental Market FAQs

Explore rental prices, market trends, and availability in Elmwood Park, NJ.

The average rent in Elmwood Park, NJ is $2,424 per month.
Homes in Elmwood Park typically rent for between $1,331 and $4,820 per month, with an average of $2,424 per month.
In Elmwood Park, the average rent for a 1-bedroom home is $1,901 per month, for a 2-bedroom home, $2,441 per month, and a 3-bedroom home is $3,708 per month.
The average rent in Elmwood Park is 35.2% ($631) higher than the national average of $1,793 per month.
The average rent in Elmwood Park has decreased by 15.2% ($436) in the last month and decreased by 0.7% ($17) over the past year.
The rental market in Elmwood Park, NJ, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Elmwood Park, NJ, the average rental stays on the market for approximately 45 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 3 rental properties available in Elmwood Park, NJ.
Based on the current averages, a household would need an annual income of $97,640 to comfortably afford a 2-bedroom home in Elmwood Park.
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