Waldwick Station
41 W Prospect St,
Waldwick, NJ 07463
1-2 Beds | $2,995 - $4,350
Rental Market Trends in Waldwick, NJ
What is the average rent in Waldwick, NJ?
$3,052/month
Average Rent
776 Sq Ft
Average Apartment Size
+7%
Increase in the Last Year
As of May 2025, the average rent in Waldwick, NJ is $3,052 per month. This is 88% higher than the national average rent price of $1,625/month, making Waldwick one of the most expensive cities in the US. When you rent an apartment in Waldwick, you can expect to pay about $2,520 per month for a studio, $3,052 for a one-bedroom apartment, and around $3,844 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Waldwick, NJ?
In the past year, rent has increased by 7%, which averages out to $214 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024
2025
Rent Ranges in Waldwick, NJ
Last Updated May 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
100%
Above $2,000/month
What salary do I need to live comfortably in Waldwick, NJ?
Because the average rent in Waldwick is $3,052, you’ll want to make about $10,173 per month or $122,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.