New Jersey Rental Market Trends
What is the average rent in New Jersey?
The average rent for an apartment in New Jersey is $2,337. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in New Jersey
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $2,337 | 865 sq. ft. |
What is the average apartment size in New Jersey?
The average size for a New Jersey apartment is 865 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
New Jersey apartment rent ranges
New Jersey Occupied Housing Units
1,242,331 or 36% of the households in New Jersey are renter-occupied while 2,195,831 or 64% are owner-occupied.
New Jersey rent trends
Average Rent in New Jersey By City
| City | Average Rent |
|---|---|
| Hoboken | $4,453 |
| Jersey City | $3,730 |
| Garwood | $3,221 |
| Roseland | $3,128 |
| West Long Branch | $3,093 |
| Metuchen | $2,856 |
| East Newark | $2,782 |
| Atlantic Highlands | $2,757 |
| Brielle | $2,746 |
| Long Branch | $2,672 |
| Summit | $2,624 |
| Sewell | $2,582 |
| Bayonne | $2,558 |
| Dunellen | $2,517 |
| Helmetta | $2,471 |
| New Brunswick | $2,439 |
| Perth Amboy | $2,433 |
| Belmar | $2,430 |
| Red Bank | $2,421 |
| South Plainfield | $2,384 |
| Rahway | $2,375 |
| Carteret | $2,372 |
| Egg Harbor City | $2,351 |
| Highland Park | $2,308 |
| Englishtown | $2,261 |
| South Amboy | $2,260 |
| Caldwell | $2,196 |
| Roselle | $2,190 |
| Mount Laurel | $2,180 |
| Moorestown | $2,171 |
| Eatontown | $2,164 |
| Middlesex | $2,163 |
| New Providence | $2,143 |
| Cherry Hill | $2,123 |
| Linden | $2,119 |
| Tinton Falls | $2,112 |
| Marlton | $2,105 |
| Union City | $2,103 |
| Haddon Township | $2,091 |
| Jamesburg | $2,080 |
| Clifton | $2,078 |
| Plainfield | $2,063 |
| Pennsauken | $2,060 |
| Mays Landing | $2,045 |
| Sayreville | $1,992 |
| Absecon | $1,990 |
| Willingboro | $1,989 |
| Keyport | $1,980 |
| Jersey Shore | $1,965 |
| Farmingdale | $1,953 |
| Swedesboro | $1,952 |
| Haddonfield | $1,943 |
| Asbury Park | $1,926 |
| South River | $1,920 |
| Bordentown | $1,897 |
| Medford | $1,894 |
| Woodbury | $1,893 |
| Egg Harbor Township | $1,864 |
| Mantua | $1,844 |
| Voorhees | $1,832 |
| Palmyra | $1,831 |
| Elizabeth | $1,830 |
| Somers Point | $1,801 |
| Clayton | $1,796 |
| Keansburg | $1,795 |
| East Orange | $1,769 |
| Pitman | $1,761 |
| Passaic | $1,756 |
| Williamstown | $1,750 |
| Lumberton | $1,732 |
| Hammonton | $1,700 |
| Maple Shade | $1,700 |
| Beverly | $1,688 |
| Merchantville | $1,680 |
| Glassboro | $1,670 |
| Paterson | $1,659 |
| Sicklerville | $1,659 |
| Barrington | $1,638 |
| Newark | $1,634 |
| Blackwood | $1,607 |
| Pleasantville | $1,598 |
| Paulsboro | $1,576 |
| Burlington | $1,534 |
| Clementon | $1,522 |
| Oaklyn | $1,501 |
| Wrightstown | $1,497 |
| Westville | $1,494 |
| Bridgeton | $1,493 |
| Cape May | $1,483 |
| Atlantic City | $1,478 |
| Salem | $1,450 |
| Woodstown | $1,439 |
| Vineland | $1,434 |
| Bellmawr | $1,427 |
| Somerdale | $1,427 |
| Camden | $1,411 |
| West Berlin | $1,378 |
| Pennsville | $1,348 |
| Millville | $1,341 |
| Penns Grove | $1,323 |
| Magnolia | $1,320 |
| Browns Mills | $1,288 |
| Stratford | $1,276 |
| Pemberton | $1,130 |
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What are the most affordable cities in New Jersey?
The most affordable cities in New Jersey are Pemberton, where the average rent goes for $1,130/month, Stratford, where renters pay $1,276/mo on average, and Browns Mills, where the average rent goes for $1,288/mo. If you’re looking for other great deals, check out the listings from Magnolia ($1,320), Penns Grove ($1,323), and Millville ($1,341), where the asking prices are below the average New Jersey rent of $2,337/mo.
What are the most expensive cities in New Jersey?
The most expensive cities in New Jersey are Garwood ($3,221), Jersey City ($3,730) and Hoboken ($4,453).
What are the most popular cities in New Jersey?
The most popular city in New Jersey is Jersey Shore, where there are 115 listings with an average rent of $1,965. Next up is Jersey City, where apartments go for $3,730/month, followed by Newark with $1,634 If you’re looking to rent in New Jersey’s most popular cities, make sure to also check out East Orange, where renters pay $1,769 on average, and Bayonne, where the average monthly rent is $2,558.
New Jersey | Rent Comparison by City
Rent in Absecon is 3% higher than in Asbury Park
$1,990
Absecon rent is 15% lower than New Jersey average
Average Rent
$1,990
$1,926
Asbury Park rent is 18% lower than New Jersey average
Average Rent
$1,926
How New Jersey Compares to Other States
| State | Average Rent | Average Apartment Size |
|---|---|---|
| Alabama | $1,288 | 987 sq. ft. |
| Alaska | $1,482 | 702 sq. ft. |
| Arizona | $1,575 | 849 sq. ft. |
| Arkansas | $1,093 | 888 sq. ft. |
| California | $2,587 | 853 sq. ft. |
| Colorado | $1,884 | 871 sq. ft. |
| Connecticut | $2,044 | 891 sq. ft. |
| Delaware | $1,646 | 916 sq. ft. |
| District of Columbia | $2,474 | 747 sq. ft. |
| Florida | $1,955 | 973 sq. ft. |
| Georgia | $1,608 | 1,015 sq. ft. |
| Hawaii | $2,668 | 845 sq. ft. |
| Idaho | $1,607 | 915 sq. ft. |
| Illinois | $1,944 | 835 sq. ft. |
| Indiana | $1,293 | 905 sq. ft. |
| Iowa | $1,220 | 895 sq. ft. |
| Kansas | $1,243 | 903 sq. ft. |
| Kentucky | $1,287 | 930 sq. ft. |
| Louisiana | $1,235 | 916 sq. ft. |
| Maine | $1,971 | 840 sq. ft. |
| Maryland | $1,859 | 903 sq. ft. |
| Massachusetts | $2,837 | 887 sq. ft. |
| Michigan | $1,346 | 915 sq. ft. |
| Minnesota | $1,558 | 888 sq. ft. |
| Mississippi | $1,305 | 1,011 sq. ft. |
| Missouri | $1,273 | 898 sq. ft. |
| Montana | $1,605 | 868 sq. ft. |
| Nebraska | $1,285 | 934 sq. ft. |
| Nevada | $1,525 | 902 sq. ft. |
| New Hampshire | $2,112 | 883 sq. ft. |
| New Jersey | $2,337 | 865 sq. ft. |
| New Mexico | $1,389 | 831 sq. ft. |
| New York | $2,739 | 847 sq. ft. |
| North Carolina | $1,524 | 964 sq. ft. |
| North Dakota | $1,077 | 959 sq. ft. |
| Ohio | $1,279 | 897 sq. ft. |
| Oklahoma | $1,035 | 857 sq. ft. |
| Oregon | $1,757 | 847 sq. ft. |
| Pennsylvania | $1,730 | 888 sq. ft. |
| Rhode Island | $2,129 | 925 sq. ft. |
| South Carolina | $1,594 | 1,003 sq. ft. |
| South Dakota | $1,127 | 902 sq. ft. |
| Tennessee | $1,494 | 947 sq. ft. |
| Texas | $1,449 | 883 sq. ft. |
| Utah | $1,597 | 917 sq. ft. |
| Vermont | $2,152 | 937 sq. ft. |
| Virginia | $1,972 | 919 sq. ft. |
| Washington | $2,020 | 832 sq. ft. |
| West Virginia | $1,275 | 976 sq. ft. |
| Wisconsin | $1,548 | 907 sq. ft. |
| Wyoming | $1,332 | 872 sq. ft. |
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Popular Cities in New Jersey
- Apartments in Atlantic City $1,478
- Apartments in Bayonne $2,558
- Apartments in Belmar $2,430
- Apartments in Blackwood $1,607
- Apartments in Bordentown $1,897
- Apartments in Caldwell $2,196
- Apartments in Camden $1,411
- Apartments in Carteret $2,372
- Apartments in Cherry Hill $2,123
- Apartments in Clementon $1,522
- Apartments in Clifton $2,078
- Apartments in Dunellen $2,517
- Apartments in East Orange $1,769
- Apartments in Eatontown $2,164
- Apartments in Egg Harbor Township $1,864
- Apartments in Elizabeth $1,830
- Apartments in Garwood $3,221
- Apartments in Haddon Township $2,091
- Apartments in Hoboken $4,453
- Apartments in Jersey City $3,730
- Apartments in Jersey Shore $1,965
- Apartments in Linden $2,119
- Apartments in Long Branch $2,672
- Apartments in Marlton $2,105
- Apartments in Mays Landing $2,045
- Apartments in Medford $1,894
- Apartments in Metuchen $2,856
- Apartments in Middlesex $2,163
- Apartments in New Brunswick $2,439
- Apartments in Newark $1,634
- Apartments in Passaic $1,756
- Apartments in Paterson $1,659
- Apartments in Perth Amboy $2,433
- Apartments in Pleasantville $1,598
- Apartments in Rahway $2,375
- Apartments in Red Bank $2,421
- Apartments in Roselle $2,190
- Apartments in Sayreville $1,992
- Apartments in Sewell $2,582
- Apartments in Sicklerville $1,659
- Apartments in Summit $2,624
- Apartments in Swedesboro $1,952
- Apartments in Tinton Falls $2,112
- Apartments in Union City $2,103
- Apartments in Willingboro $1,989
- Apartments in Woodbury $1,893