Montclair renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Montclair is about $2,707 per month. This puts it in the 89th percentile compared to the city average cost of rent, which is $1,837. Households in Montclair have a median income of $18,647 per month so the average renter in Montclair is spending roughly 15% of their earnings on housing.
Nationally, and in Montclair, home values are the data point most closely correlated with the cost of rent. The median price of a home in Montclair is $1,500,666 right now, which is higher than nearby neighborhoods, meaning that rents in Montclair also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Montclair while lower rent rates are often available in northeastern areas.
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