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.
New Brunswick, NJ Rental Market Trends
What is the average rent in New Brunswick?
The average rent for an apartment in New Brunswick is $1,805, a 3% decrease compared to the previous year, when the average rent was $1,868.
Average Rent in New Brunswick, NJ
Last updated June 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,805 | -3% | 849 sq. ft. |
What is the average apartment size in New Brunswick?
The average size for a New Brunswick, NJ apartment is 849 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 Brunswick, NJ Apartment Rent Ranges
- $701-$1,0001%
- $1,001-$1,50031%
- $1,501-$2,00039%
- > $2,00029%
New Brunswick, NJ Occupied Housing Units
- Renter-occupied Households40%
- Owner-occupied Households59%
6,210 or 40% of the households in New Brunswick, NJ are renter-occupied while 9,118 or 59% are owner-occupied.
New Brunswick, NJ Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jun / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| New Brunswick, NJ | $1,799 | $1,799 | $1,830 | $1,851 | $1,873 | $1,864 | $1,868 | $1,944 | $1,855 | $1,805 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 |
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How New Brunswick Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Philadelphia | $1,688 | 2% |
| New York City | $3,374 | -14% |
| Manhattan | $3,777 | -9% |
| Jersey Shore | $1,585 | 5% |
| Brooklyn | $2,785 | -5% |
| Jersey City | $2,739 | -8% |
| Bronx | $1,620 | n/a |
| Newark | $1,268 | 4% |
| Hoboken | $3,304 | -8% |
| Elizabeth | $1,399 | 6% |
| New Brunswick | $1,805 | -3% |
Most Popular Apartments in New Brunswick
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 New Brunswick 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.