Passaic, New Jersey is a vibrant city with a strong rental market. It's located just a short drive away from New York City and offers an array of great housing options for those looking to rent in the area. Passaic is known for its diverse population, great schools, and a variety of neighborhoods to choose from.
When it comes to schools, Passaic has some of the best in the state. The Passaic Public School District serves the city and its students. It is highly rated and offers a wide range of educational opportunities. The district also boasts a high graduation rate and a variety of extracurricular activities for students to get involved in.
When it comes to neighborhoods, Passaic has something for everyone. From vibrant downtown areas to quieter residential neighborhoods, there's a great selection of places to rent. Some popular neighborhoods include the historic Downtown Passaic, the family-friendly South Passaic, and the culturally diverse West Side.
When it comes to rental prices, Passaic has something to offer everyone. The average rental rate for a two-bedroom apartment in Passaic is $1,400. The city also has a variety of housing options, such as single-family homes, townhouses, apartments, and condos.
The average rental prices of an apartment, townhouse, condo, loft, and single family home in Passaic, NJ are as follows:
Apartment: $1,640
Townhouse: $2,100
Condo: $2,400
Loft: $2,000
Single Family Home: $2,500
Rental prices in Passaic, NJ have been steadily increasing over the last 5 years. In 2015, the average rent for a one-bedroom apartment was $1,100, while in 2020, the average rent for a one-bedroom apartment was $1,400. This represents an increase of 27.3%. Meanwhile, the average rent for a two-bedroom apartment has increased from $1,400 in 2015 to $1,700 in 2020, an increase of 21.4%.
The median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Passaic, NJ are as follows:
1-Bedroom: $1,400
2-Bedroom: $1,800
3-Bedroom: $2,100
Passaic, NJ is part of the North Jersey region, which is known for its excellent school districts. On average, Passaic school districts rank significantly higher than the rest of the United States in terms of student performance and academic achievement. Specifically, the average score on the state-wide assessments of Passaic schools is 16.2 points higher than the national average. Additionally, Passaic schools have a higher graduation rate than the national average. In terms of funding, Passaic school districts also receive more per-pupil funding than the national average.
1. Downtown Passaic
2. Prospect Park
3. Eastside
4. Totowa
5. Passaic Park
1. Haskell
2. Prospect Park
3. Totowa
4. Packanack Lake
5. West Milford