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

Tenafly, NJ

As of July 2025, Tenafly's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Tenafly's average rent is 42.9% ($1,055) higher than the New Jersey average of $2,461 and 98.1% ($1,741) higher than the U.S. average of $1,775.

Average Rent

$3,516

Monthly ChangeMonth Over Month Change

22.1% ($637)

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,828	0.1% ($4)	No change
2 Beds	$3,661	0.2% ($9)	No change
3 Beds	$5,500	3.8% ($215)	No change

Nearby Cities	Average Rent	Avg. Rent vs. TenaflyAverage Rent vs. Tenafly	Avg. Days on MarketAverage Days on Market
Englewood	$2,637	25% ($879)	44 days
Bergenfield	$3,213	8.6% ($303)	49 days
Teaneck	$3,562	1.3% ($46)	50 days
Leonia	$2,539	27.8% ($977)	48 days
Yonkers	$2,711	22.9% ($805)	37 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Tenafly Rental Market FAQs

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

What is the average rent in Tenafly, NJ?

The average rent in Tenafly, NJ is $3,516 per month.

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

Homes in Tenafly typically rent for between $1,980 and $7,150 per month, with an average of $3,516 per month.

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

In Tenafly, the average rent for a 1-bedroom home is $2,828 per month, for a 2-bedroom home, $3,661 per month, and a 3-bedroom home is $5,500 per month.

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

The average rent in Tenafly is 98.1% ($1,741) higher than the national average of $1,775 per month.

How competitive is the rental market in Tenafly, NJ?

The rental market in Tenafly, 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 Tenafly, NJ?

In Tenafly, NJ, the average rental stays on the market for approximately 50 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 Tenafly, NJ?

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

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

Based on the current averages, a household would need an annual income of $146,440 to comfortably afford a 2-bedroom home in Tenafly.