Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Short Hills, NJ Rental Market Trends
What is the average rent in Short Hills?
The average rent for an apartment in Short Hills is $2,469, a 2% decrease compared to the previous year, when the average rent was $2,518.
Average Rent in Short Hills, NJ
Last updated September 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,469 | -2% | 1,050 sq. ft. |
What is the average apartment size in Short Hills?
The average size for a Short Hills, NJ apartment is 1,050 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.
Short Hills, NJ Apartment Rent Ranges
Short Hills, NJ Occupied Housing Units
364 or 8% of the households in Short Hills, NJ are renter-occupied while 3,789 or 91% are owner-occupied.
Short Hills, NJ Rent Trends
| Average Rent | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Sep / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Short Hills, NJ | $2,358 | $2,347 | $2,412 | $2,412 | $2,400 | $2,397 | $2,518 | $2,411 | $2,399 | $2,469 |
| National | $1,347 | $1,356 | $1,361 | $1,393 | $1,400 | $1,402 | $1,393 | $1,397 | $1,485 | $1,510 |
/
How Short Hills Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| New York City | $3,609 | -5% |
| Manhattan | $4,072 | 3% |
| Jersey Shore | $1,655 | 9% |
| Jersey City | $2,842 | -2% |
| Brooklyn | $3,010 | 7% |
| Bronx | $1,622 | -4% |
| Hoboken | $3,374 | -4% |
| Newark | $1,299 | 7% |
| Stamford | $2,553 | 7% |
| East Orange | $1,434 | 6% |
| Short Hills | $2,469 | -2% |
Most Popular Apartments in Short Hills
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Short Hills apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.