Matawan, NJ Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Matawan is $2,210, a 2.32% increase compared to the previous year, when the average rent was $2,160.
One-bedroom apartments provide 763 square feet for $2,045, balancing privacy and affordability.
Two-beedroom units at $2,500 offer 947 square feet, perfect for roommates or small families.
Average rent in Matawan, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,210 | 830 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,045 | 763 sq. ft. |
| 2 Beds | $2,500 | 947 sq. ft. |
| 3 Beds | n/a | n/a |
Matawan, NJ rent trends
Rental prices in Matawan, NJ have increased by 2.32% over the past year. The average rent moved from $2,160 to $2,210.
What's the typical rent budget in Matawan, NJ?
The largest share of rentals in Matawan, NJ (47%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Matawan, NJ?
3,238 or 25% of the households in Matawan, NJ are renter-occupied while 9,550 or 75% are owner-occupied.
How Matawan Compares to Other Cities
| City | Average Rent |
|---|---|
| Matawan | $2,210 |
| Jersey City | $3,786 |
| Jersey Shore | $2,164 |
| Newark | $1,741 |
| East Orange | $1,868 |
| Elizabeth | $1,871 |
| Bayonne | $2,604 |
| Hoboken | $4,577 |
| Paterson | $1,718 |
| Summit | $2,852 |
| Camden | $1,426 |
| New York City | $5,284 |
| Red Bank | $2,464 |
| Carteret | $2,427 |
| Metuchen | $2,916 |
| Freehold | $2,108 |
| Eatontown | $2,091 |
| Keansburg | $1,819 |
| Sayreville | $1,939 |
| South River | $1,992 |
| Highland Park | $2,291 |
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 Matawan 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.