salaryRent here is among the highest 10% in the country. A typical house costs about 4.3 years of household income. Most households rent (63%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $111,920 a year. That is $54 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 223 of 291 cities from cheapest to most expensive.
How much do households earn in Hackensack?
Share of households by yearly income. 30.9% of households earn $100,000 or more.
Rent by apartment size in Hackensack
| Size | Hackensack | U.S. average |
|---|---|---|
| Studio | $1,795 | $1,338 |
| 1 bedroom | $2,029 | $1,324 |
| 2 bedrooms | $2,397 | $1,509 |
| 3 bedrooms | $2,565 | $1,698 |
| 4 bedrooms | $2,488 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hackensack 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 Hackensack, so the New Jersey figure is shown.
Taxes and bills in Hackensack
Life in Hackensack
Is it cheaper to rent or buy in Hackensack?
Buying is cheaper month to month: about $66 a month less than renting.
Owning assumes a typical $393,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,370 for the down payment.
Frequently asked questions
What is the average rent in Hackensack, NJ?
Renting in Hackensack costs a median of about $2,798 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Hackensack?
To keep rent under 30% of income, you need about $111,920 a year, or $54 an hour at a full-time job.
Is Hackensack cheap or expensive?
Hackensack is rated Expensive: rent takes 36.9% of the typical household income of $90,893. It ranks 223rd cheapest of 291 New Jersey cities we track.
How much are property taxes in Hackensack?
The median homeowner in Hackensack pays $9,652 a year in property taxes, about 2.45% of the median home value.
Is Hackensack 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 Hackensack?
The median home value in Hackensack is $393,700, about 4.3 times the typical yearly household income.
46,057 people live in Hackensack. Numbers are typical (middle) values.