Median rent for residential apartments in Dumont, NJ as of Nov, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
6 Dumont, NJ 07628, USA apartments for rent
Dumont
Dumont, NJ has a population of 17,882, while the median age is 42. The household income in Dumont, NJ is around $94,617. The homeownership rate among the residents is 74%. The median residential property value in Dumont, NJ that you should keep in mind is $364,500.
| Population | 17,882 |
| Median Age | 41.9 |
| Poverty Rate | 4% |
| Household Income | $94,617 |
| Number Of Employees | 9,477 |
| Median Property Value | $364,500 |
Housing Trends
How much is an apartment in Dumont, NJ 07628, USA
Average apartment rent in Dumont: $2,045 (-18.2%)
| Rent Price | Nov | vs Last Month |
|---|---|---|
| 1-bed apartments | $1,719 | -4.5% |
| 2-bed apartments | $1,926 | -24.9% |
| 3-bed apartments | $2,583 | N/A |
| 4+ bed apartments | $2,900 | -23.7% |
Over the Nov 2022, the average rent for an apartment in/near Dumont, NJ decreased by 18.2% to $2,045.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 4.5% to $1,719. Pricing for 2-bed apartment also decreased by 24.9% and a place of this size will now cost you $1,926. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,583. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 23.7% and made it down to $2,900.
| Rent Type Price | Nov | vs Last Month |
|---|---|---|
| Townhouses for rent | $2,250 | -16.7% |
| Houses for rent | $2,266 | -17.3% |
| Apartments for rent | $1,572 | -22.7% |
The median rent for an apartment in Dumont, NJ decreased by 22.7% to $1,572. Statistics show that house rent price decreased by 17.3% this month making it up to $2,266. The median rent for a townhouse decreased by 16.7%, you’ll have to spend around $2,250 to get one.