River Edge, 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 River Edge, New Jersey rental market.
River Edge, New Jersey
Average Apartment Rent
$2,218
Y-o-Y Change in Average
Apartment Rent
0%
As of July 2026
Compared to a year ago, River Edge, New Jersey apartments have recorded a 0% rent increase.
River Edge, New Jersey Average apartment rent trend
River Edge, New Jersey Average Apartment Rent
River Edge, New Jersey Apartment rent ranges
At 56.85%, apartments priced $2,000 - $2,500 represent the bulk of River Edge, New Jersey rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.55%.
River Edge, New Jersey Housing tenure**
Renters take up 22% of River Edge, New Jersey real estate, occupying a total of 955 units, while homeowners live in 3,414 properties.
Median number of rooms of renter-occupied housing units**
3.5
Renter median household income**
$71,296
Average household size of renter-occupied housing units**
2.06
Rental vacancy rate**
3%
River Edge, New Jersey Renter-occupied housing units by no. of bedrooms**
There are 624 rentals in River Edge, New Jersey with 1 bed making up the highest share of the market, at 65%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 7 units. Overall, the median number of rooms in River Edge, New Jersey homes for rent is 3.5.
River Edge, New Jersey Renter-occupied units by age of householder**
Most condos for rent in River Edge, New Jersey are occupied by residents in the 45 - 54 years age group (23%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.
River Edge, New Jersey Renter-occupied housing units by family type**
River Edge, New Jersey Renter-occupied housing units by the presence of own children**
A total of 543 apartments for rent in River Edge, New Jersey, or 57% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 273 units. All in all, the median size of a renter-occupied household in River Edge, New Jersey is 2.06.
River Edge, New Jersey Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 52% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in River Edge, New Jersey.
River Edge, New Jersey Renter-occupied units by year structure built**
The highest share of River Edge, New Jersey apartment rentals, namely 33% or 316 units, were Built 1960 - 1969, followed by those Built 1950 - 1959 (18%, 176 units), and the ones Built 1940 - 1949 (16%, 152 units).
River Edge, New Jersey Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most River Edge, New Jersey renters (38%) moved in 2010 to 2017, while only 3% of them moved in 2021 or later. Overall, the median year renters have occupied their River Edge, New Jersey condos for rent is 2015.
River Edge, New Jersey Renter-occupied housing units by vehicles available**
When it comes to transportation options, 54% of River Edge, New Jersey renters have 1 vehicle available per household, 25% of them have No vehicle available, and 21% have 2 or more vehicles available.
River Edge, New Jersey Means of transportation to work of householders living in renter-occupied housing units**
River Edge, 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 River Edge, 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
