East Orange, NJ has a population of 65,151, while the median age is 37. The household income in East Orange, NJ is around $41,819. The homeownership rate among the residents is 26%. The median residential property value in East Orange, NJ that you should keep in mind is $205,100.
Population | 65,151 |
Median Age | 36.9 |
Poverty Rate | 19% |
Household Income | $41,819 |
Number Of Employees | 29,551 |
Median Property Value | $205,100 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $1,580 | -28.2% |
1-bed apartments | $1,940 | -50.9% |
2-bed apartments | $2,428 | -28% |
3-bed apartments | $2,682 | -38.7% |
4+ bed apartments | $3,439 | -69.9% |
Over the May 2023, the average rent for an apartment in/near East Orange, NJ decreased by 45.9% to $2,381.
Compared to the last month, the average price for a rental studio in East Orange, NJ has decreased by 28.2%. You can expect to rent the studio for $1,580 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 50.9% to $1,940. Pricing for 2-bed apartment also decreased by 28% and a place of this size will now cost you $2,428. 3-bed apartment rent pricing starts at $2,682, it decreased by 38.7% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 69.9% and made it down to $3,439.
Rent Type Price |
May | vs Last Month |
---|---|---|
Rooms for rent | $1,100 | +37.5% |
Houses for rent | $3,077 | -33.1% |
Apartments for rent | $2,196 | -50.4% |
Condos for rent | $2,355 | -12.8% |
Townhouses for rent | $2,450 | N/A |
The median rent for an apartment in East Orange, NJ decreased by 50.4% to $2,196. Statistics show that house rent price decreased by 33.1% this month making it up to $3,077. Condos faced an upward trend these days. The median rent for a condo decreased by 12.8%, it’s now available for $2,355. An average room will now go for $1,100, the median rent price for a room increased by 37.5%. Townhouse rent pricing didn’t change, the price still starts at $2,450.