salaryRent is higher than in 78% of U.S. cities. A typical house costs about 5.5 years of household income. Most households rent (55%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $89,600 a year. That is $43 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 145 of 291 cities from cheapest to most expensive.
How much do households earn in Garfield?
Share of households by yearly income. 27.7% of households earn $100,000 or more.
Rent by apartment size in Garfield
| Size | Garfield | U.S. average |
|---|---|---|
| Studio | $1,402 | $1,338 |
| 1 bedroom | $1,433 | $1,324 |
| 2 bedrooms | $1,859 | $1,509 |
| 3 bedrooms | $2,226 | $1,698 |
| 4 bedrooms | $2,728 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Garfield overall?
Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Garfield, so the New Jersey figure is shown.
Taxes and bills in Garfield
Life in Garfield
Is it cheaper to rent or buy in Garfield?
Renting is cheaper right now: about $1,059 a month less.
Owning assumes a typical $475,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $47,550 for the down payment.
Frequently asked questions
What is the average rent in Garfield, NJ?
Renting in Garfield costs a median of about $2,240 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Garfield?
To keep rent under 30% of income, you need about $89,600 a year, or $43 an hour at a full-time job.
Is Garfield cheap or expensive?
Garfield is rated Expensive: rent takes 31.3% of the typical household income of $85,956. It ranks 145th cheapest of 291 New Jersey cities we track.
How much are property taxes in Garfield?
The median homeowner in Garfield pays $9,308 a year in property taxes, about 1.96% of the median home value.
Is Garfield 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 Garfield?
The median home value in Garfield is $475,500, about 5.5 times the typical yearly household income.
32,783 people live in Garfield. Numbers are typical (middle) values.