Rental numbers for Passaic County, NJ
The typical home here runs -$3,023 a month at 7.78% with 25% down. 0 of 12 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.9%.
- Gross yield
- 4.5%
- typical home, Zillow
- Median ZIP yield
- 4.9%
- 12 ZIPs with full data
- Cash flow
- -$3,023/mo
- at 7.78%, 25% down
- Typical price
- $600,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,230/mo
- Zillow ZORI, Aug 2026
ZIP codes in Passaic County
25 with published figures
| 07421West Milford | $485,000 | $3,020* | 7.5% | 2.8% | -$1,493 | n/a |
| 07465Wanaque | $516,000 | $2,900* | 6.7% | 2.1% | -$1,858 | n/a |
| 07420Wanaque | $499,000 | $2,430* | 5.8% | 1.3% | -$2,164 | n/a |
| 07456Ringwood | $611,000 | $2,860* | 5.6% | 1.4% | -$2,589 | n/a |
| 07014Clifton | $575,000 | $2,620* | 5.5% | 1.3% | -$2,468 | n/a |
| 07403Bloomingdale | $561,000 | $2,480* | 5.3% | 1.0% | -$2,563 | n/a |
| 07011Clifton | $577,000 | $2,499 | 5.2% | 1.0% | -$2,640 | +3.5% |
| 07506Hawthorne | $646,000 | $2,787 | 5.2% | 1.4% | -$2,749 | n/a |
| 07442Pompton Lakes | $562,000 | $2,370* | 5.1% | 0.8% | -$2,636 | n/a |
| 07522Paterson | $493,000 | $2,072 | 5.0% | 0.6% | -$2,412 | n/a |
| 07424Woodland Park | $638,000 | $2,665 | 5.0% | 1.0% | -$2,889 | n/a |
| 07524Paterson | $534,000 | $2,200 | 5.0% | 0.3% | -$2,731 | n/a |
| 07013Clifton | $632,000 | $2,571 | 4.9% | 0.9% | -$2,939 | n/a |
| 07012Clifton | $662,000 | $2,691 | 4.9% | 0.9% | -$3,066 | n/a |
| 07480West Milford | $499,000 | $2,020* | 4.9% | 0.3% | -$2,556 | n/a |
| 07503Paterson | $562,000 | $2,213 | 4.7% | 0.3% | -$2,889 | n/a |
| 07508North Haledon | $642,000 | $2,447 | 4.6% | 0.6% | -$3,142 | +4.4% |
| 07055Passaic | $556,000 | $2,093 | 4.5% | 0.3% | -$2,865 | +0.4% |
| 07514Paterson | $535,000 | $1,980* | 4.4% | -0.3% | -$3,032 | n/a |
| 07502Paterson | $540,000 | $1,990* | 4.4% | -0.1% | -$2,977 | n/a |
| 07501Paterson | $478,000 | $1,757 | 4.4% | -0.5% | -$2,789 | +2.1% |
| 07513Paterson | $587,000 | $2,130* | 4.3% | 0.1% | -$3,104 | n/a |
| 07470Wayne | $749,000 | $2,593 | 4.2% | 0.8% | -$3,564 | +1.8% |
| 07504Paterson | $582,000 | $1,990* | 4.1% | -0.4% | -$3,311 | n/a |
| 07512Totowa | $664,000 | $2,220* | 4.0% | 0.4% | -$3,330 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.7%
- Rent, 12 months
- +1.6%
- Rent minus price growth
- -3.0 pts
- Property tax
- 2.18%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $445,414 | $1,710 |
| Aug 2022 | $481,642 | $1,921 |
| Aug 2023 | $507,506 | $2,024 |
| Aug 2024 | $550,690 | $2,158 |
| Aug 2025 | $572,840 | $2,194 |
| Aug 2026 | $599,502 | $2,230 |
HUD Fair Market Rent
FY2027, Bergen-Passaic, NJ HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,772 | $1,987 | $2,282 | $2,771 | $3,497 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 3.7
- 656 units, last 12 months
- National percentile
- 40th
- among US counties
Tools
Test a listing in Passaic County against today's rate.
Open the calculatorPart of the New York, NY metro.
Questions
- Is Passaic County good for rental property?
- The typical home here runs -$3,023 a month at 7.78% with 25% down. 0 of 12 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.9%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Passaic County?
- About 2.18% of value, from Census ACS median taxes paid over median home value. On a $600,000 home that is about $13,045 a year.
- What is Fair Market Rent in Passaic County?
- HUD's FY2027 Fair Market Rent here is $1,987 for a 1-bedroom, $2,282 for a 2-bedroom and $2,771 for a 3-bedroom. Typical cash flow at today's rate is -$3,023 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.