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

Paramus, NJ

As of July 2025, Paramus's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Paramus's average rent is 46.6% ($1,148) higher than the New Jersey average of $2,461 and 103.3% ($1,834) higher than the U.S. average of $1,775.

Average Rent

$3,609

Monthly ChangeMonth Over Month Change

8.5% ($282)

Yearly ChangeYear Over Year Change

2.3% ($86)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,850	0.3% ($9)	1.6% ($45)
2 Beds	$3,713	No change	0.5% ($18)
3 Beds	$5,578	3.5% ($204)	2.1% ($113)

Nearby Cities	Average Rent	Avg. Rent vs. ParamusAverage Rent vs. Paramus	Avg. Days on MarketAverage Days on Market
Fair Lawn	$2,599	28% ($1010)	49 days
Rochelle Park	$2,915	19.2% ($694)	49 days
Saddle Brook	$2,705	25% ($904)	46 days
Bergenfield	$3,213	11% ($396)	49 days
Hackensack	$2,702	25.1% ($907)	44 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Paramus Rental Market FAQs

Explore rental prices, market trends, and availability in Paramus, NJ.

What is the average rent in Paramus, NJ?

The average rent in Paramus, NJ is $3,609 per month.

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

Homes in Paramus typically rent for between $1,995 and $7,251 per month, with an average of $3,609 per month.

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

In Paramus, the average rent for a 1-bedroom home is $2,850 per month, for a 2-bedroom home, $3,713 per month, and a 3-bedroom home is $5,578 per month.

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

The average rent in Paramus is 103.3% ($1,834) higher than the national average of $1,775 per month.

How have rent prices in Paramus, NJ changed recently?

The average rent in Paramus has increased by 8.5% ($282) in the last month and decreased by 2.3% ($86) over the past year.

How competitive is the rental market in Paramus, NJ?

The rental market in Paramus, 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 Paramus, NJ?

In Paramus, NJ, the average rental stays on the market for approximately 44 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 Paramus, NJ?

There is currently 1 rental property available in Paramus, NJ.

Can I afford to rent a home in Paramus, NJ?

Based on the current averages, a household would need an annual income of $148,520 to comfortably afford a 2-bedroom home in Paramus.