States › New Jersey › Englewood

Is Englewood, NJ expensive to live in?

ExpensiveRent takes 32 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,91266% higher than U.S. average
💵 Families earn per year (2026)$110,623about $9,219/month · 27% higher than U.S. average
🔑 House price$544,10064% higher than U.S. average

Rent here is among the highest 10% in the country. A typical house costs about 4.9 years of household income. Commutes are long, about 30.9 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $116,480 a year. That is $56 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

No. Rent here is more expensive than in most of New Jersey. It is number 236 of 291 cities from cheapest to most expensive.

Englewood
$2,912
$2,563
$2,361
$3,550
$1,527

How much do households earn in Englewood?

Under $25k
9.6%
$25k–50k
16.1%
$50k–100k
29.6%
$100k–150k
20.4%
$150k+
21.7%

Share of households by yearly income. 42.1% of households earn $100,000 or more.

Rent by apartment size in Englewood

SizeEnglewoodU.S. average
Studio$2,699$1,338
1 bedroom$2,052$1,324
2 bedrooms$2,122$1,509
3 bedrooms$2,256$1,698
4 bedrooms$2,451$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Englewood overall?

Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).

Housing
134
Goods (food, clothes…)
107
Utilities
114
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Englewood, so the New Jersey figure is shown.

Taxes and bills in Englewood

🏛️ Property tax$10,000+a year · 1.84% of home value · U.S. $3,119
⚡ Electric bill$166a month (typical) · U.S. $156

Life in Englewood

Commute to work30.9 minU.S.: 26.4 min
College degree46.5%U.S.: 35.7%
Own their home54.5%U.S.: 65.2%
Below poverty line9.2%U.S.: 12.5%
Unemployment7.8%U.S.: 5.2%

Is it cheaper to rent or buy in Englewood?

Renting is cheaper right now: about $863 a month less.

Renting
$2,912
Owning
$3,775

Owning assumes a typical $544,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $54,410 for the down payment.

Frequently asked questions

What is the average rent in Englewood, NJ?

Renting in Englewood costs a median of about $2,912 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Englewood?

To keep rent under 30% of income, you need about $116,480 a year, or $56 an hour at a full-time job.

Is Englewood cheap or expensive?

Englewood is rated Expensive: rent takes 31.6% of the typical household income of $110,623. It ranks 236th cheapest of 291 New Jersey cities we track.

How much are property taxes in Englewood?

The median homeowner in Englewood pays $10,000+ a year in property taxes, about 1.84% of the median home value.

Is Englewood more expensive than the national average?

Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Englewood?

The median home value in Englewood is $544,100, about 4.9 times the typical yearly household income.

29,638 people live in Englewood. Numbers are typical (middle) values.