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Rent in Elmwood Park, NJ

A 2-bedroom in Elmwood Park, NJ (ZIP 07407) typically rents for about $2,284 a month, with a range of $1,928–$2,640. Owner-occupied homes in Bergen County pay about 1.61% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Elmwood Park, NJ by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$2,050$1,772–$2,0501
1 bed$2,045$1,790–$2,3001
2 beds$2,284$1,928–$2,6401
3 beds$2,750$2,289–$3,2101
4 beds$3,775$3,500–$4,0501

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Elmwood Park ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Elmwood Park, NJ?
About $2,284 a month: the median of the typical rents in 1 ZIP code, which range from $1,928–$2,640. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Elmwood Park, NJ?
About $2,045 a month: the median of the typical rents in 1 ZIP code, which range from $1,790–$2,300. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Elmwood Park, NJ?
About $2,750 a month: the median of the typical rents in 1 ZIP code, which range from $2,289–$3,210. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Elmwood Park, NJ?
About $2,050 a month: the median of the typical rents in 1 ZIP code, which range from $1,772–$2,050. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Elmwood Park, NJ?
About $3,775 a month: the median of the typical rents in 1 ZIP code, which range from $3,500–$4,050. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Elmwood Park, NJ?
Owner-occupied homes in Bergen County pay a typical 1.61% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Elmwood Park rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).