Florham Park, NJ Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Florham Park is $3,464, a 4.69% increase compared to the previous year, when the average rent was $3,309.
One-bedroom apartments provide 893 square feet for $2,974, balancing privacy and affordability.
Two-beedroom units at $3,871 offer 1,218 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,390 sq ft) for $4,302, suitable for larger households.
Average rent in Florham Park, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,464 | 1,072 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,974 | 893 sq. ft. |
| 2 Beds | $3,871 | 1,218 sq. ft. |
| 3 Beds | $4,302 | 1,390 sq. ft. |
Florham Park, NJ rent trends
Rental prices in Florham Park, NJ have increased by 4.69% over the past year. The average rent moved from $3,309 to $3,464.
What's the typical rent budget in Florham Park, NJ?
The largest share of rentals in Florham Park, NJ (67%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Florham Park, NJ?
1,378 or 31% of the households in Florham Park, NJ are renter-occupied while 3,123 or 69% are owner-occupied.
How Florham Park Compares to Other Cities
| City | Average Rent |
|---|---|
| Florham Park | $3,464 |
| Jersey City | $3,768 |
| Jersey Shore | $2,148 |
| Newark | $1,746 |
| East Orange | $1,832 |
| Paterson | $1,724 |
| Elizabeth | $1,887 |
| Hoboken | $4,513 |
| Bayonne | $2,633 |
| Camden | $1,418 |
| Princeton | $3,143 |
| Caldwell | $2,095 |
| Garwood | $3,207 |
| Roseland | $3,279 |
| Roselle Park | $2,045 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Florham Park apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.