Last updated
Average Rent in Wayne 07470 & Rent Trends
Rent prices and market trends across 1 apartment community in Wayne 07470, Paterson, NJ. Updated daily.
Market Average
$1,900/mo
Lowest Available
$1,900/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
1
available now
Wayne 07470 vs Paterson, NJ Average
Wayne 07470 is cheaper the Paterson, NJ average by $537/mo (22%). The citywide average is $2,437/mo across all neighborhoods.
Is Rent Going Up or Down in Wayne 07470?
As of July 2026, the average rent in Wayne 07470 is $1,900 per month across 1 apartment community and 1 available units.
The most affordable option is Manchester Village Apartments starting at $1,900/mo. By unit type, a 1-bedroom averages $1,900/mo.
Prices range from $1,900 to $1,900 per month. The most common price point is the $1,800 range, where 1 units are currently listed.
Rent by Bedroom Type in Wayne 07470
Rent Prices by Apartment in Wayne 07470
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Manchester Village Apartments | $1,900/mo | $1,900/mo | 1 | 4.1 |
Frequently Asked Questions About Rent in Wayne 07470
What is the average rent in Wayne 07470?
Is rent going up or down in Wayne 07470?
What is the cheapest apartment in Wayne 07470?
How much is a 1-bedroom apartment in Wayne 07470?
How many apartments are available in Wayne 07470?
What salary do I need to live comfortably in Wayne 07470?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$76,000/year
Based on the 30 percent rule, using our tracked average rent of $1,900/mo.
Comfortable income
$91,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
Median household income in Wayne 07470 is $53,766 , about 41% below the comfortable-living threshold.
Cost of living in Wayne 07470
Overall prices in Wayne 07470 runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Wayne 07470's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,900 |
| Utilities | $644 |
| Groceries | $585 |
| Transportation | $1,534 |
| Healthcare | $748 |
| Other goods and services | $1,197 |
| Estimated total | $6,608/mo |
Population
157,660
Median household income
$53,766
Census median rent
$1,457/mo
Rent as % of income
35.2%
Median age
33.3
Mean commute
23 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Wayne 07470 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Wayne 07470 Apartments
Browse all 1 communities with daily-updated pricing and availability.