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

Palisades Park, NJ

As of August 2025, Palisades Park's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Palisades Park's average rent is 5.7% ($138) lower than the New Jersey average of $2,433 and 28.2% ($505) higher than the U.S. average of $1,790.

Average Rent

$2,295

Monthly ChangeMonth Over Month Change

0.4% ($9)

Yearly ChangeYear Over Year Change

50.5% ($2340)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,127	0.8% ($17)	36.3% ($1214)
2 Beds	$2,586	2.6% ($66)	39.4% ($1678)
3 Beds	$3,949	8.3% ($357)	37.4% ($2357)

Nearby Cities	Average Rent	Avg. Rent vs. Palisades ParkAverage Rent vs. Palisades Park	Avg. Days on MarketAverage Days on Market
Leonia	$2,543	10.8% ($248)	48 days
Fort Lee	$4,863	111.9% ($2568)	49 days
Cliffside Park	$3,211	39.9% ($916)	47 days
Edgewater	$3,639	58.6% ($1344)	49 days
Fairview	$2,345	2.2% ($50)	48 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Palisades Park Rental Market FAQs

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

What is the average rent in Palisades Park, NJ?

The average rent in Palisades Park, NJ is $2,295 per month.

What is the rental price range for homes in Palisades Park, NJ?

Homes in Palisades Park typically rent for between $1,489 and $5,134 per month, with an average of $2,295 per month.

What is the average rent for different bedroom sizes in Palisades Park, NJ?

In Palisades Park, the average rent for a 1-bedroom home is $2,127 per month, for a 2-bedroom home, $2,586 per month, and a 3-bedroom home is $3,949 per month.

How do rent prices in Palisades Park, NJ compare with the national average?

The average rent in Palisades Park is 28.2% ($505) higher than the national average of $1,790 per month.

How have rent prices in Palisades Park, NJ changed recently?

The average rent in Palisades Park has increased by 0.4% ($9) in the last month and decreased by 50.5% ($2,340) over the past year.

How competitive is the rental market in Palisades Park, NJ?

The rental market in Palisades Park, NJ, is currently stable, offering a predictable rental market where most units lease within a few weeks.

How long do rentals stay on the market in Palisades Park, NJ?

In Palisades Park, NJ, the average rental stays on the market for approximately 48 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Palisades Park, NJ?

There are currently 6 rental properties available in Palisades Park, NJ.

Can I afford to rent a home in Palisades Park, NJ?

Based on the current averages, a household would need an annual income of $103,440 to comfortably afford a 2-bedroom home in Palisades Park.