East Rutherford, New Jersey Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the East Rutherford, New Jersey rental market.

East Rutherford, New Jersey

Average Apartment Rent

$2,755

Y-o-Y Change in Average
Apartment Rent

1.5%

As of May 2026

Compared to a year ago, East Rutherford, New Jersey apartments have recorded a 1.5% rent increase.

East Rutherford, New Jersey Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
East Rutherford $2,626 $2,645 $2,625 $2,667 $2,680 $2,690 $2,710 $2,696 $2,698
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
East Rutherford
National
Jul 2023
$2,626
$1,741
Nov 2023
$2,645
$1,732
Mar 2024
$2,625
$1,736
Jul 2024
$2,667
$1,756
Nov 2024
$2,680
$1,749
Mar 2025
$2,690
$1,755
Jul 2025
$2,710
$1,767
Nov 2025
$2,696
$1,753
Mar 2026
$2,698
$1,750

East Rutherford, New Jersey Average Apartment Rent

East Rutherford, New Jersey Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 42.81%, apartments priced Over $3,000 represent the bulk of East Rutherford, New Jersey rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 2.28%.

East Rutherford, New Jersey Housing tenure**

Renter occupied housing units 2,814
Owner occupied housing units 1,444

Renters take up 66% of East Rutherford, New Jersey real estate, occupying a total of 2,814 units, while homeowners live in 1,444 properties.

Median number of rooms of renter-occupied housing units**

3.9

Renter median household income**

$85,139

Average household size of renter-occupied housing units**

2.2

Rental vacancy rate**

2.3%

East Rutherford, New Jersey Renter-occupied housing units by no. of bedrooms**

No bedrooms 131
1 bed 1,148
2 beds 1,171
3 beds 292
4 beds 29
5 or more beds 43

There are 1,171 rentals in East Rutherford, New Jersey with 2 beds making up the highest share of the market, at 42%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 29 units. Overall, the median number of rooms in East Rutherford, New Jersey homes for rent is 3.9.

East Rutherford, New Jersey Renter-occupied units by age of householder**

15 - 24 years 220
25 - 34 years 730
35 - 44 years 685
45 - 54 years 233
55 - 59 years 208
60 - 64 years 231
65 - 74 years 363
75 - 84 years 74
85 years and over 70

Most condos for rent in East Rutherford, New Jersey are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

East Rutherford, New Jersey Renter-occupied housing units by family type**

Family households 1,435
Non-Family Households 1,379

East Rutherford, New Jersey Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 766
No related children of the householder under 18 2,048

A total of 1,435 apartments for rent in East Rutherford, New Jersey, or 51% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 766 units. All in all, the median size of a renter-occupied household in East Rutherford, New Jersey is 2.2.

East Rutherford, New Jersey Renter-occupied housing units by educational attainment**

Less than high school graduate 149
High school graduate (including equivalency) 543
Some college or associate's degree 711
Bachelor's degree or higher 1,411

In terms of education, renters holding bachelor degrees or higher make up 50% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in East Rutherford, New Jersey.

East Rutherford, New Jersey Renter-occupied units by year structure built**

Built 2020 or later 43
Built 2010 - 2019 299
Built 2000 - 2009 426
Built 1990 - 1999 19
Built 1980 - 1989 173
Built 1970 - 1979 345
Built 1960 - 1969 326
Built 1950 - 1959 396
Built 1940 - 1949 335
Built 1939 or earlier 452

The highest share of East Rutherford, New Jersey apartment rentals, namely 16% or 452 units, were Built 1939 or earlier, followed by those Built 2000 - 2009 (15%, 426 units), and the ones Built 1950 - 1959 (14%, 396 units).

East Rutherford, New Jersey Renter-occupied units by year householder moved in**

Moved in 2021 or later 296
Moved in 2018 to 2020 823
Moved in 2010 to 2017 1,009
Moved in 2000 to 2009 529
Moved in 1990 to 1999 148

Median year renter moved into unit 2016

Most East Rutherford, New Jersey renters (36%) moved in 2010 to 2017, while only 5% of them moved in 1990 to 1999. Overall, the median year renters have occupied their East Rutherford, New Jersey condos for rent is 2016.

East Rutherford, New Jersey Renter-occupied housing units by vehicles available**

No vehicle available 392
1 vehicle available 1,436
2 vehicles available 765
3 or more vehicles available 221

When it comes to transportation options, 51% of East Rutherford, New Jersey renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 14% have No vehicle available.

East Rutherford, New Jersey Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 2,262
Car, truck, or van - carpooled 94
Public transportation (excluding taxicab) 566
Walked 294
Taxicab, motorcycle, bicycle, or other means 20
Worked at home 471

East Rutherford, New Jersey Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 4,579
Moved within same county 882
Moved from different county within same state 425
Moved from different state 160
Moved from abroad 62

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all East Rutherford, New Jersey apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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