Highland 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 Highland Park is $2,286, a 1.41% decrease compared to the previous year, when the average rent was $2,318.
Studio Apartments at $1,782 offer the most budget-friendly option with 451 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 683 square feet for $2,114, balancing privacy and affordability.
Two-beedroom units at $2,417 offer 948 square feet, perfect for roommates or small families.
Average rent in Highland Park, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,286 | 818 sq. ft. |
| Studio | $1,782 | 451 sq. ft. |
| 1 Bed | $2,114 | 683 sq. ft. |
| 2 Beds | $2,417 | 948 sq. ft. |
| 3 Beds | n/a | n/a |
Highland Park, NJ rent trends
Rental prices in Highland Park, NJ have decreased by 1.41% over the past year. The average rent moved from $2,318 to $2,286.
What's the typical rent budget in Highland Park, NJ?
The largest share of rentals in Highland Park, NJ (66%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Highland Park, NJ?
3,985 or 61% of the households in Highland Park, NJ are renter-occupied while 2,533 or 39% are owner-occupied.
How Highland Park Compares to Other Cities
| City | Average Rent |
|---|---|
| Highland Park | $2,286 |
| Bayonne | $2,633 |
| Hoboken | $4,513 |
| Summit | $2,844 |
| Elizabeth | $1,887 |
| East Orange | $1,832 |
| Paterson | $1,724 |
| Camden | $1,418 |
| Jersey City | $3,768 |
| Newark | $1,746 |
| Jersey Shore | $2,148 |
| Carteret | $2,419 |
| Garwood | $3,207 |
| Metuchen | $3,029 |
| South Plainfield | $2,532 |
| Sayreville | $1,916 |
| Matawan | $2,177 |
| South River | $2,002 |
| Middlesex | $2,310 |
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 Highland 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.