States › New Jersey › Maywood

Is Maywood, NJ expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,9099% higher than U.S. average
💵 Families earn per year (2026)$127,168about $10,597/month · 46% higher than U.S. average
🔑 House price$533,50060% higher than U.S. average

Rent is higher than in 64% of U.S. cities. A typical house costs about 4.2 years of household income. Commutes are long, about 30.3 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $76,360 a year. That is $37 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

Yes. Rent here is cheaper than in most of New Jersey. It is number 74 of 291 cities from cheapest to most expensive.

Maywood
$1,909
$1,946
$1,899
$3,802
$2,518

How much do households earn in Maywood?

Under $25k
9.0%
$25k–50k
13.8%
$50k–100k
29.0%
$100k–150k
21.9%
$150k+
25.3%

Share of households by yearly income. 47.2% of households earn $100,000 or more.

Rent by apartment size in Maywood

SizeMaywoodU.S. average
Studio$1,182$1,338
1 bedroom$1,941$1,324
2 bedrooms$2,376$1,509
3 bedrooms$2,943$1,698

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

How expensive is Maywood 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 Maywood, so the New Jersey figure is shown.

Taxes and bills in Maywood

🏛️ Property tax$10,000+a year · 1.87% of home value · U.S. $3,119
⚡ Electric bill$192a month (typical) · U.S. $156

Life in Maywood

Commute to work30.3 minU.S.: 26.4 min
College degree46.6%U.S.: 35.7%
Own their home69.1%U.S.: 65.2%
Below poverty line3.9%U.S.: 12.5%
Unemployment8.1%U.S.: 5.2%

Is it cheaper to rent or buy in Maywood?

Renting is cheaper right now: about $1,793 a month less.

Renting
$1,909
Owning
$3,702

Owning assumes a typical $533,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $53,350 for the down payment.

Frequently asked questions

What is the average rent in Maywood, NJ?

Renting in Maywood costs a median of about $1,909 a month in 2026, including utilities. The New Jersey median is $2,240.

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

To keep rent under 30% of income, you need about $76,360 a year, or $37 an hour at a full-time job.

Is Maywood cheap or expensive?

Maywood is rated Cheap: rent takes 18.0% of the typical household income of $127,168. It ranks 74th cheapest of 291 New Jersey cities we track.

How much are property taxes in Maywood?

The median homeowner in Maywood pays $10,000+ a year in property taxes, about 1.87% of the median home value.

Is Maywood 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 Maywood?

The median home value in Maywood is $533,500, about 4.2 times the typical yearly household income.

10,093 people live in Maywood. Numbers are typical (middle) values.