Rent in Montclair, NJ
Across Montclair's 2 ZIP codes, a 2-bedroom typically rents for about $2,586 a month, with figures from $2,233–$3,190. The highest typical rent is in 07043 ($2,930) and the lowest in 07042 ($2,242). Owner-occupied homes in Essex County pay about 1.91% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,920 | $1,500–$2,340 | 2 |
| 1 bed | $1,995 | $1,727–$2,640 | 2 |
| 2 beds | $2,586 | $2,233–$3,190 | 2 |
| 3 beds | $2,926 | $2,512–$3,970 | 2 |
| 4 beds | $4,030 | $3,188–$4,560 | 2 |
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).
Montclair ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Montclair, NJ?
- About $2,586 a month: the median of the typical rents in 2 ZIP codes, which range from $2,233–$3,190. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Montclair, NJ?
- About $1,995 a month: the median of the typical rents in 2 ZIP codes, which range from $1,727–$2,640. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Montclair, NJ?
- About $2,926 a month: the median of the typical rents in 2 ZIP codes, which range from $2,512–$3,970. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Montclair, NJ?
- About $1,920 a month: the median of the typical rents in 2 ZIP codes, which range from $1,500–$2,340. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Montclair, NJ?
- About $4,030 a month: the median of the typical rents in 2 ZIP codes, which range from $3,188–$4,560. Figures are gross rent (rent plus tenant-paid utilities).
- Which Montclair ZIP code has the highest rent?
- For a 2-bedroom, 07043 has the highest typical rent at $2,930 a month, and 07042 the lowest at $2,242.
- What is the property tax rate in Montclair, NJ?
- Owner-occupied homes in Essex County pay a typical 1.91% 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 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Montclair 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).