Rental prices in Monroe Street, Passaic, NJ have increased by 9.28% over the past year. The average rent moved from $1,619 to $1,769.
Check out the average rent in Passaic.
The national average price of rental apartments is $1,741, while the average monthly rent in Monroe Street, Passaic, NJ is $1,769.
The average monthly rent for an apartment in Monroe Street, Passaic, NJ is around $1,769.
A share of 4% of apartments in Monroe Street, Passaic, NJ have the cheapest rents between $1,001-$1,500. Around 82% of Monroe Street's apartments have monthly rents between $1,501-$2,000. There are 14% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Monroe Street, Passaic, NJ (82%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Monroe Street, Passaic, NJ is $1,755.
In Monroe Street 77% of the housing is rented out compared to 23% of homes are owned, according to the most recent Census Bureau estimates. 11% of Monroe Street's apartments are found in large buildings of 50 units or more, 84% are located in smaller apartment complexes with less than 50 units, and 4% are single-family rentals.
In total, Monroe Street, Passaic, NJ has 26,105 residents, 13,840 women and 12,265 men, per U.S. Census recent estimates. Statistics show that the median age of Monroe Street’s population is 30.
There is a total of 7,659 households in Monroe Street, Passaic, NJ. Of these, 3,679 have children and 3,980 are without children. Per Census Bureau’s most current estimates, 5,825 family households and 1,834 non-family households live in this area. The size of a household in Monroe Street is 2.96 people, on average. The median household annual income in Monroe Street equals $56,780, and the monthly housing costs equal $1,490.
According to data from the U.S. Census Bureau, 17% of the population in Monroe Street, Passaic, NJ have no high school education, 51% went to high-school, and 14% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 10% hold a Bachelor Degree, and 5% hold a Graduate Degree.
