Fair Lawn, New Jersey Rental Market Trends
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 Fair Lawn, New Jersey rental market.
Fair Lawn, New Jersey
Average Apartment Rent
$2,862
Y-o-Y Change in Average
Apartment Rent
4.7%
As of May 2026
Compared to a year ago, Fair Lawn, New Jersey apartments have recorded a 4.7% rent increase.
Fair Lawn, New Jersey Average apartment rent trend
Fair Lawn, New Jersey Average Apartment Rent
Fair Lawn, New Jersey Apartment rent ranges
At 40.87%, apartments priced Over $3,000 represent the bulk of Fair Lawn, New Jersey rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 0.6%.
Fair Lawn, New Jersey Housing tenure**
Renters take up 21% of Fair Lawn, New Jersey real estate, occupying a total of 2,554 units, while homeowners live in 9,755 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$66,273
Average household size of renter-occupied housing units**
2.23
Rental vacancy rate**
3.2%
Fair Lawn, New Jersey Renter-occupied housing units by no. of bedrooms**
There are 995 rentals in Fair Lawn, New Jersey with 2 beds making up the highest share of the market, at 39%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 69 units. Overall, the median number of rooms in Fair Lawn, New Jersey homes for rent is 4.1.
Fair Lawn, New Jersey Renter-occupied units by age of householder**
Most condos for rent in Fair Lawn, New Jersey are occupied by residents in the 35 - 44 years age group (27%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.
Fair Lawn, New Jersey Renter-occupied housing units by family type**
Fair Lawn, New Jersey Renter-occupied housing units by the presence of own children**
A total of 1,352 apartments for rent in Fair Lawn, New Jersey, or 53% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 688 units. All in all, the median size of a renter-occupied household in Fair Lawn, New Jersey is 2.23.
Fair Lawn, New Jersey Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 46% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Fair Lawn, New Jersey.
Fair Lawn, New Jersey Renter-occupied units by year structure built**
The highest share of Fair Lawn, New Jersey apartment rentals, namely 27% or 695 units, were Built 1950 - 1959, followed by those Built 1940 - 1949 (14%, 366 units), and the ones Built 1939 or earlier (14%, 364 units).
Fair Lawn, New Jersey Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Fair Lawn, New Jersey renters (49%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Fair Lawn, New Jersey condos for rent is 2016.
Fair Lawn, New Jersey Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Fair Lawn, New Jersey renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 18% have No vehicle available.
Fair Lawn, New Jersey Means of transportation to work of householders living in renter-occupied housing units**
Fair Lawn, New Jersey Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Fair Lawn, 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
