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.
South River, NJ Rental Market Trends
What is the average rent in South River?
The average rent for an apartment in South River is $1,468, a 4% increase compared to the previous year, when the average rent was $1,405.
Average Rent in South River, NJ
Last updated September 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,468 | 4% | 831 sq. ft. |
What is the average apartment size in South River?
The average size for a South River, NJ apartment is 831 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.
South River, NJ Apartment Rent Ranges
South River, NJ Occupied Housing Units
1,652 or 28% of the households in South River, NJ are renter-occupied while 4,100 or 71% are owner-occupied.
South River, 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| South River, NJ | $1,340 | $1,386 | $1,397 | $1,326 | $1,371 | $1,344 | $1,405 | $1,414 | $1,435 | $1,468 |
| National | $1,347 | $1,356 | $1,361 | $1,393 | $1,400 | $1,402 | $1,393 | $1,396 | $1,404 | $1,510 |
/
How South River Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| New York City | $3,609 | -5% |
| Manhattan | $3,890 | -6% |
| Jersey Shore | $1,655 | 9% |
| Jersey City | $2,792 | -5% |
| Brooklyn | $2,946 | 2% |
| Bronx | $1,622 | -4% |
| Hoboken | $3,374 | -4% |
| Newark | $1,285 | 6% |
| Queens | $2,568 | -1% |
| East Orange | $1,434 | 6% |
| South River | $1,468 | 4% |
Most Popular Apartments in South River
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 South River 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.