Maywood, 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 Maywood, New Jersey rental market.

Maywood, New Jersey

Average Apartment Rent

$2,085

Y-o-Y Change in Average
Apartment Rent

-2.9%

As of May 2026

Compared to a year ago, Maywood, New Jersey apartments have recorded a -2.9% rent decrease.

Maywood, 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
Maywood $2,008 $1,995 $2,026 $2,072 $2,119 $2,165 $2,156 $2,188 $2,089
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Maywood
National
Jul 2023
$2,008
$1,741
Nov 2023
$1,995
$1,732
Mar 2024
$2,026
$1,736
Jul 2024
$2,072
$1,756
Nov 2024
$2,119
$1,749
Mar 2025
$2,165
$1,755
Jul 2025
$2,156
$1,767
Nov 2025
$2,188
$1,753
Mar 2026
$2,089
$1,750

Maywood, New Jersey Average Apartment Rent

Maywood, 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 66.86%, apartments priced $2,000 - $2,500 represent the bulk of Maywood, New Jersey rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 33.14%.

Maywood, New Jersey Housing tenure**

Renter occupied housing units 1,109
Owner occupied housing units 2,593

Renters take up 30% of Maywood, New Jersey real estate, occupying a total of 1,109 units, while homeowners live in 2,593 properties.

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

4.3

Renter median household income**

$74,063

Average household size of renter-occupied housing units**

2.54

Rental vacancy rate**

3.9%

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

No bedrooms 22
1 bed 454
2 beds 383
3 beds 165
4 beds 45
5 or more beds 40

There are 454 rentals in Maywood, New Jersey with 1 bed making up the highest share of the market, at 41%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 22 units. Overall, the median number of rooms in Maywood, New Jersey homes for rent is 4.3.

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

15 - 24 years 49
25 - 34 years 233
35 - 44 years 169
45 - 54 years 280
55 - 59 years 88
60 - 64 years 36
65 - 74 years 84
75 - 84 years 140
85 years and over 30

Most condos for rent in Maywood, New Jersey are occupied by residents in the 45 - 54 years age group (25%), followed by those in the 25 - 34 years age group (21%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 3%.

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

Family households 753
Non-Family Households 356

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

With related children of the householder under 18 405
No related children of the householder under 18 704

A total of 753 apartments for rent in Maywood, New Jersey, or 68% of all rentals are family households. Additionally, 37% of rental homes include children under the age of 18 – that’s 405 units. All in all, the median size of a renter-occupied household in Maywood, New Jersey is 2.54.

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

Less than high school graduate 61
High school graduate (including equivalency) 242
Some college or associate's degree 324
Bachelor's degree or higher 482

In terms of education, renters holding bachelor degrees or higher make up 43% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Maywood, New Jersey.

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

Built 2010 - 2019 30
Built 1990 - 1999 30
Built 1980 - 1989 203
Built 1970 - 1979 193
Built 1960 - 1969 100
Built 1950 - 1959 188
Built 1940 - 1949 123
Built 1939 or earlier 237

The highest share of Maywood, New Jersey apartment rentals, namely 21% or 237 units, were Built 1939 or earlier, followed by those Built 1980 - 1989 (18%, 203 units), and the ones Built 1970 - 1979 (17%, 193 units).

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

Moved in 2021 or later 241
Moved in 2018 to 2020 382
Moved in 2010 to 2017 277
Moved in 2000 to 2009 122
Moved in 1990 to 1999 48
Moved in 1989 or earlier 39

Median year renter moved into unit 2019

Most Maywood, New Jersey renters (34%) moved in 2018 to 2020, while only 4% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Maywood, New Jersey condos for rent is 2019.

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

No vehicle available 159
1 vehicle available 559
2 vehicles available 291
3 vehicles available 88
4 or more vehicles available 12

When it comes to transportation options, 50% of Maywood, New Jersey renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 14% have No vehicle available.

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

Car, truck, or van - drove alone 865
Car, truck, or van - carpooled 137
Public transportation (excluding taxicab) 161
Walked 70
Worked at home 165

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

Same house as 1 year ago 1,989
Moved within same county 331
Moved from different county within same state 113
Moved from different state 289
Moved from abroad 36

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 Maywood, 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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