Median rent for residential in as of Jul, 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.
175 Edgewater, NJ 07020, USA apartments for rent
Edgewater
Edgewater, NJ has a population of 12,165, while the median age is 38. The household income in Edgewater, NJ is around $103,505. The homeownership rate among the residents is 34%. The median residential property value in Edgewater, NJ that you should keep in mind is $560,000.
| Population | 12,165 |
| Median Age | 38.3 |
| Poverty Rate | 7% |
| Household Income | $103,505 |
| Number Of Employees | 6,396 |
| Median Property Value | $560,000 |
Housing Trends
How much is an apartment in Edgewater, NJ 07020, USA
Average rent in Edgewater: $3,673 (-14.5%)
| Rent Price | Jul | vs Last Month |
|---|---|---|
| Studio rentals | $2,000 | N/A |
| 1 bed rentals | $2,100 | -12% |
| 2 bed rentals | $4,200 | +31.7% |
| 3 bed rentals | $4,825 | -12.4% |
| 4+ bed rentals | $2,395 | -72.5% |
Over the Jul 2022, the average rent for an apartment in/near Edgewater, NJ decreased by 14.5% to $3,673.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 12% to $2,100. Pricing for 2-bed apartment also increased by 31.7% and a place of this size will now cost you $4,200. 3-bed apartment rent pricing starts at $4,825, it decreased by 12.4% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 72.5% and made it down to $2,395.
| Rent Type Price | Jul | vs Last Month |
|---|---|---|
| Apartment rentals | $2,864 | N/A |
| Townhouse rentals | $5,300 | -39.4% |
| Condo rentals | $2,983 | -23.4% |
| House rentals | $4,866 | +8.4% |
| Other rentals | $2,395 | N/A |
Looking at the median rent price for an apartment in Edgewater, NJ, you can note that it remains flat with a price tag of $2,864. Statistics show that house rent price increased by 8.4% this month making it up to $4,866. Condos faced an upward trend these days. The median rent for a condo decreased by 23.4%, it’s now available for $2,983. The median rent for a townhouse decreased by 39.4%, you’ll have to spend around $5,300 to get one.